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Saudis replace Aramco chairman with wealth fund boss ahead of IPO

Saudi Arabia removed Energy Minister Khalid Al-Falih from his position as Chairman of Saudi Aramco, the second time his role has been cut back in less than a week, as the government prepares to sell shares in the state-owned oil company. Al-Falih will be replaced by Yasir Al-Rumayyan, head of…

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Click here to read the full story: Business-Standard

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