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Saudi Arabia replaces oil minister, central banker as part of plan to reduce dependency on oil

Saudi Arabia’s King Salman announced a government overhaul that saw the kingdom’s top central banker and longtime oil minister replaced as part of sweeping economic changes led by his son to reduce the nation’s reliance on hydrocarbons. The king appointed Ahmed Alkholifey to head the Saudi Arabian Monetary Agency, as…

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Click here to read the full story: The Japan Times

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