About Khalid Al-Falih

Khalid al-Falih was appointed as Saudi Arabia's petroleum minister in May 2016. The former Minister of Health assumed power at a uniquely perilous time for the Gulf state; soft oil prices have weakened the Saudi economy and put pressure on the government to cut production. Al-Falih, who also serves as chairman of energy mammoth Aramco, has displayed a willingness to decrease output, contingent on cooperation from non-OPEC members. He remains bullish on Saudi Arabia's economic future, and believe that oil prices will rise in the months and years to come.

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#49
Powerful People (2016)Dropped off in 2017
Personal Stats
Age
64
Residence
Dhahran, Saudi Arabia
Citizenship
Saudi Arabia
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