Al-Saif Confirmed Investment Minister in New Orders

Royal orders issued on 12 February 2026 appointed Fahd bin Abduljalil Al-Saif as Minister of Investment, a role he continued to hold through 2026. The decision came as part of a broader reshuffle affecting several economic and regulatory bodies in the Kingdom.

Under the same orders, Abdullah Al-Maghlouth was named Vice Minister of Media, while Abdulmohsen Al-Mazyad was appointed Vice Minister of Tourism. The changes also included senior appointments across other government sectors, including communications, transport, and development institutions.

Why it matters

The وزارة الاستثمار plays a central role in attracting local and foreign capital and supporting the goals of رؤية السعودية 2030. Confirming leadership at the ministry provides continuity for businesses and investors operating in the Kingdom.

For residents and expats, the tourism and media portfolios touch daily life directly — from cultural events and entertainment seasons to the way public information and campaigns are managed. Continuity and clear leadership in these areas typically support ongoing services and initiatives.

The reshuffle reflects continued efforts to strengthen the Kingdom's economic and regulatory institutions. سعودي ليفنج will follow any further official announcements related to these appointments and their impact on the community.

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