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Saudi Arabia names new investment minister as Vision 2030 funding lags

Saudi Arabia has appointed Fahd bin Abduljalil bin Ali Al-Saif as investment minister, replacing Khalid Al-Falih, as the kingdom grapples with mounting challenges in attracting foreign investment needed to meet its ambitious Vision 2030 reforms. Al-Monitor's Chief Business Correspondent, Jack Dutton, breaks down what we know so far about Al-Saif and the timing of this sudden shake-up.