Royal Decree Issued Assigning the Minister of Energy to Oversee the Ministry of Industry and Mineral Resources
The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has issued a royal decree relieving Bandar bin Ibrahim Al-Khorayef of his position as Minister of Industry and Mineral Resources.
Pursuant to this royal decree, it has been decided to assign the Minister of Energy, Prince Abdulaziz bin Salman bin Abdulaziz, to assume the duties of the Ministry of Industry and Mineral Resources in addition to his current role as Minister of Energy.
This decision comes within the framework of ongoing ministerial adjustments aimed at enhancing the efficiency of government performance and developing vital sectors in the Kingdom, in line with Saudi Vision 2030, which focuses on diversifying the national economy.
The energy and industrial sectors are among the fundamental pillars of the Saudi economy, as the Kingdom seeks to strengthen integration between them to increase domestic production and develop the country's mineral wealth.
In his new capacity, the Minister of Energy will oversee the implementation of industrial and mining strategies to ensure the continued growth of these sectors and achieve the desired economic goals for the Kingdom in the coming phase.