“King Salman has removed the country’s veteran oil minister”

Saudi Arabia’s King Salman has removed the country’s veteran oil minister as part of a broad government overhaul. Ali al-Naimi has been replaced after more than 20 years in the role by former health minister Khaled al-Falih. Saudi Arabia, the world’s largest crude exporter, unveiled major economic reforms in April, aimed at ending the country’s dependence on oil. About 70% of its revenues came from oil last year, but it has been hit hard by falling prices. The government shake-up, announced in a royal decree, sees a number of ministries merged and others, such as the ministry of electricity and water, scrapped altogether. A public body for entertainment is being created, and another for culture.

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