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Qassem Mohammed Al Hilal had been convicted of importing a "large amount of amphetamine pills" into the kingdom, said a ministry statement carried by state news agency SPA.
Authorities resumed executions last week after a pause for the fasting month of Ramadan and the Eid Al Fitr holiday that followed.
The number of locals and foreigners put to death this year is up sharply from 87 during the whole of 2014, according to AFP tallies.
But this year's figure is below the record 192 that human rights group Amnesty International said took place in 1995.
Human Rights Watch has accused Saudi authorities of waging a "campaign of death".
Echoing the concerns of other activists, the New York-based group said it had documented "due process violations" in the legal system that make it difficult for defendants to get fair trials even in capital cases.
Under the kingdom's laws, drug trafficking, rape, murder, armed robbery and apostasy are all punishable by death.
The interior ministry has cited deterrence as a reason for carrying out the punishment. It has also talked of "the physical and social harm" caused by drugs.
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