State TV reports that Minister Al-Assaf has been removed
That"s a big story less than one month after Saudi Arabia"s first ever bond sale.
Ibrahim Al-Assaf was moved to Minister of State and a member of the Council of Ministers. The new Finance Minister is Mohammed Jadaan.
There"s a power struggle continuing in the Saudi royal family and an underrated risk in 2017 is that it turns ugly.
Saudi Arabian finance minister removed from post
Saudi Arabian finance minister removed from post
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