Kuwait’s Prime Minister Sheikh Ahmad Nawaf al-Sabah has selected a new cabinet, state news agency KUNA reported on Sunday.
The crown prince re-appointed Sheikh Ahmad as the prime minister in March, more than a month after the government had resigned.
They made Manaf Abdulaziz Al-Hajri minister for finance and minister of state for economic and investment affairs in other positions.
While Bader Al-Mulla, the current oil minister, stays on in his role.
Al-Hajri was CEO of asset management and banking institution Kuwait Financial Center for 16 years before resigning in 2020.
And is well-known in business and finance circles in Kuwait.
They re-appointed Sheikh Talal Al-Khaled Al-Sabah as the minister of interior and acting minister of defence.
Sheikh Salem Abdullah Al-Jaber Al-Sabah remains foreign minister.
Kuwait holds some of the world’s largest oil reserves and has strong fiscal and external balance sheets.
But political bickering and institutional gridlock have hampered investment and reforms aimed at reducing its heavy reliance on oil revenues.
Finance Minister Al Hajri was CEO of asset management and banking institution Kuwait Financial Center for 16 years before resigning in 2020 and is well-known in business and finance circles in Kuwait.
Sheikh Talal Al-Khaled Al-Sabah was re-appointed as minister of interior and acting minister of defence, and Sheikh Salem Abdullah Al-Jaber Al-Sabah remains foreign minister.