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English news

08-May-2016

Deputy Crown Prince drives shake-up for Vision 2030

King Salman of Saudi Arabia issued over 50 decrees yesterday (07 May), shaking up the government and other authorities as his son, Deputy Crown Prince Mohamed bin Salman, prepares to implement sweeping economic changes as part of the Vision 2030 plan announced last month. The most important changes, in our view, came at two of KSA’s most important institutions: the Oil Ministry and SAMA, the Central Bank (Read full report). (Bloomberg, Simon Kitchen, Mohamed Abu Basha, Mohamed Al Hajj)

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