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Saud to head new SEC panel
The Saudi Gazette Published in The Saudi Gazette on 17 - 11 - 2009

King Abdullah, Custodian of the Two Holy Mosques, appointed three new members to the Supreme Economic Council (SEC) through a Royal Order issued Monday, reported the Saudi Press Agency (SPA).
The three new members are Prince Saud Al-Faisal, Minister of Foreign Affairs, Prince Mohammed Bin Naif and the SEC secretary general.
Prince Saud was also appointed SEC Chairman in a reshuffle of the Council. The new permanent committee of the SEC is: 1. Prince Saud Al-Faisal, Chairman
2. Prince Mohammed Bin Naif Bin Abdul Aziz, Member
3. Dr. Abdulaziz Bin Abdullah Al-Khuwaiter, Minister of State, Member of Cabinet, Chairman of Permanent Committee of the Cabinet, Member
4. Minister of Labor, Member
5. Dr. Mutlab Bin Abdullah Al-Nafisah, Minister of State and Member of the Cabinet, Member
6. Minister of Commerce and Industry, Member
7. Minister of Petroleum and Mineral Resources, Member
8. Minister of Finance, Member
9. Minister of Economy and Planning, Member
10. Minister of Water and Electricity, Member
11. Governor of Saudi Arabian Monetary Agency, Member
12. Secretary-General of SEC, Member.
SEC was formed in 1999 through a Royal Decree for the welfare of society, control of public debt, fair distribution of national income among other social and economic objectives.

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