News A royal decree has been issued to create a new ministry under the name "Ministry of Industry and Mineral Resources" and to appoint Bandar Al-Khorayef as minister.

The guardian of the two Holy Mosques, King Salman Ben Abdulaziz, issued Friday a royal decree creating a ministry, called "Ministry of Industry and Mineral Resources", to transfer functions and responsibilities related to the sectors of industry and mineral wealth.

The Royal Decree also amended the Ministry of Energy, Industry and Mineral Resources as Ministry of Energy.

The royal decree also stipulated that the Ministry of Energy should assume the functions and responsibilities related to the Ministry of Industry and Mineral Resources until the end of the current fiscal year.

The Royal Decree stipulates that the Council of Ministers of the Council of Ministers, in coordination with the competent authorities, shall, within a period not exceeding three months, make the necessary arrangements for the transfer and delimitation of functions, organs, employees, functions, goods, articles, credits, etc. .