King Salman Appoints New Minister of Investment, Officials

Aug 25, 2026
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King Salman Appoints New Minister of Investment, Officials

King Salman issued a series of royal orders on 12–13 February 2026 appointing several new senior officials across ministries and regulatory bodies, in a broad reshuffle affecting economic, security, judicial and municipal roles.

Fahd bin Abduljalil Al-Saif was appointed Minister of Investment, replacing Khalid Al-Falih, who becomes Minister of State and member of the Council of Ministers. Prince Abdulaziz bin Salman bin Abdulaziz Al Saud was named Minister of Industry and Mineral Resources while retaining his role as Minister of Energy. Bandar Al-Khorayef was relieved of the industry portfolio, appointed Minister of State and member of the Council of Ministers, and assigned as acting Governor of the General Authority for Military Industries (GAMI).

In the judicial track, Khalid bin Mohammed Al-Yousef was relieved as President of the Board of Grievances and appointed Public Prosecutor with ministerial rank, while Sheikh Ali bin Ahmed Al-Ahaideb was named President of the Board of Grievances. Mohammed Al-Mutlaq was appointed Deputy Minister of Justice.

Other key appointments

Abdullah Al-Maghlouth became Vice Minister of Media and Abdulmohsen Al-Mazyad Vice Minister of Tourism. At the Saudi Central Bank (SAMA), Talal Al-Hamoud was named Deputy Governor for Technical Affairs and Abdulilah Al-Duhaim Deputy Governor for Executive Affairs. Ministry of Interior appointments included Faihan Al-Sahli as Director General of the General Directorate of Investigation, Mohammed Al-Mahna as Assistant Minister for Operations, and Abdullah bin Fares as Undersecretary for Security Affairs.

Prince Rakaan bin Salman was appointed Governor of Diriyah and Prince Fawaz bin Sultan Governor of Taif, while Ehsan Bafaqeeh was named Mayor of Jeddah. Abdulaziz Al-Arifi will head the National Development Fund, Haytham Al-Ohali the Communications, Space and Technology Commission, and Engineer Fawaz Al-Sahli the Transport General Authority. Haifa bint Mohammed Al Saud was appointed Adviser at the General Secretariat of the Council of Ministers.

The appointments reshape leadership across sectors central to residents' daily lives, from investment and transport to municipal services in Diriyah and Jeddah.


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King Salman Appoints New Minister of Investment, Officials | Saudi Living