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Saudi King Names Fahad al-Mubarak as New Central Bank Governor

Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA
Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA
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Saudi King Names Fahad al-Mubarak as New Central Bank Governor

Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA
Custodian of the Two Holy Mosques King Salman bin Abdulaziz. SPA

Custodian of the Two Holy Mosques King Salman bin Abdulaziz appointed on Sunday Fahad al-Mubarak as Central Bank Governor.

A decree appointed al-Mubarak after Ahmed al-Kholifey was removed from his post.

The decree said al-Kholifey would become an adviser at the royal court.

Another royal decree merged the Ministry of Housing and Ministry of Municipal and Rural Affairs to form Ministry of Municipal and Rural Affairs and Housing.

The King appointed Majid Al-Hogail as Minister of Municipal and Rural Affairs and Housing.

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Saudi, Brazilian Foreign Ministers Sign MoU to Establish Coordination Council

Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA
Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA
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Saudi, Brazilian Foreign Ministers Sign MoU to Establish Coordination Council

Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA
Saudi Foreign Minister Prince Faisal bin Farhan and his Brazilian counterpart, Mauro Vieira. SPA

Saudi Foreign Minister Prince Faisal bin Farhan has met with Brazilian Foreign Minister Mauro Vieira in Rio de Janeiro on the sidelines of the G20 Summit.

The two officials reviewed relations and discussed regional and international developments.

During Tuesday’s meeting, the ministers signed a memorandum of understanding (MoU) to establish a Saudi-Brazilian Coordination Council, building on the agreement reached between the two countries' leaders during Brazilian President Luiz Inácio Lula da Silva's visit to Saudi Arabia on November 30, 2023.

Director-General of the Office of the Foreign Minister Abdulrahman Aldawood and Saudi Ambassador to Brazil Dr. Faisal bin Ibrahim Ghulam were in attendance.