Mubasher: Qatar's Emir Tamim bin Hamad Al Thani on Sunday issued decree No.7 of 2018 for reshuffling the Council of Ministers.
The Qatari Emir also issued a decree to resguffle the boards of the state-run company Qatar Petroleum (QP) and Qatar Investment Authority (QIA), the world's ninth largest sovereign wealth fund with about $300 billion in assets.
Saad bin Sharida Al Kaabi is the new Minister of State for Energy Affairs, Member of the Council of Ministers.
QP’s new board will comprise Minister of Finance Ali Shareef Al-Emadi, Ali bin Ahmed Al-Kuwari, the new Minister of Trade and Industry, and Nasser Bin Khalil Aljaidah, in addition to Khalid bin Khalifa bin Jasim and Saeed Mubarak Al Mohannadi.
As for QIA’s new board, the chairman will be Mohammed bin Abdulrahman bin Jassim Al Thani, while the sovereign wealth fund's vice president will be Mohammed bin Hamad bin Khalifa Al Thani. The board will also include Al-Emadi, Al Kaabi, and Al-Kuwari.
It is worth noting that the Emir's decrees marked the first government reshuffle since 2016.
The world's top liquefied natural gas (LNG) producer has been facing a diplomatic and economic boycott by Saudi Arabia, the UAE, Bahrain, and Egypt since June 2017.
