The market, which is expected to post over Dh100 billion in sales through more than 30,000 transactions in first quarter, will sustain steady increase in transactions and prices throughout the year
The Custodian of Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia, named his son and Crown Prince Mohammed bin Salman as the Kingdom's Prime Minister and his second son Prince Khalid as defence minister, a royal decree said on Tuesday.
The reshuffle kept another son, Prince Abdulaziz bin Salman, as energy minister, the royal decree, carried by state news agency SPA, said.
Foreign Minister Prince Faisal bin Farhan Al Saud, Finance Minister Mohammed Al Jadaan and Investment Minister Khalid Al Falih remained unchanged, the decree showed.
Prince Mohammed bin Salman had been the defence minister and Prince Khalid bin Salman, Crown Prince's younger brother, previously served as deputy defence minister.
King Salman will still preside the cabinet meetings that he attends, the decree said.
The 86-year-old king became Ruler in 2015.
Prince Mohammed has changed Saudi Arabia radically since 2017 as he led efforts to diversify the economy from dependence on oil, allowed women to drive and curbed the clerics' power over society.
ALSO READ:
The market, which is expected to post over Dh100 billion in sales through more than 30,000 transactions in first quarter, will sustain steady increase in transactions and prices throughout the year
She was shopping in Hong Kong, where she was on vacation with her family, when someone spotted her and asked if she'd like to become a model.
After the October 7 attacks, Israel imposed a complete siege on Gaza, blocking food, water and medicine, before eventually allowing some deliveries
The event highlighted Hilton's innovative ‘Green Ramadan’ initiative and its commitment to sustainable hospitality in Hilton
On every 19th of Ramadan, the country celebrates Sheikh Zayed Humanitarian Day to commemorate the humanitarian efforts of the founding father
Customers can earn miles with every purchase made with any linked payment card across all Union Coop stores and online
People will be trained for a couple of months before they are able to drive and fly it
Conditions are likely to get humid by night time