Saudi Arabia Appoints Fahd al Saif as New Investment Minister
Saudi Arabia has appointed Fahd al Saif as the new investment minister to replace Khalid Al-Falih. The change was announced today through a royal decree.
A royal decree on February 12, 2026, installed Fahd bin Abduljalil bin Ali al Saif as the new minister of investment for Saudi Arabia
SA, replacing Khalid Al-Falih. This appointment marks a direct change in who holds responsibility for the nation’s investment portfolio and leadership at the Ministry of Investment. The event is considered completed as of today, following the official announcement by the Saudi government.
The transition of power within the Ministry of Investment is a significant development at the national level. By appointing Fahd bin Abduljalil bin Ali al Saif, the royal decree ensures a new official is responsible for the country’s investment portfolio and ministry leadership. This change in ministerial responsibility was finalized on February 12, 2026, as part of a broader update to the government's executive team.







