LBCI

Saudi Arabia's king appoints Ayman Alsayari as new central bank governor

Middle East

02-02-2023 | 10:09

Share

Share

Saudi Arabia's king appoints Ayman Alsayari as new central bank governor

2^min

Saudi Arabia's king appointed Ayman Alsayari as central bank governor replacing Fahad al-Mubarak, a decree carried on the state media on Thursday said.

Alsayari was vice-governor for investment and research at the central bank and is a member of the board of directors of Saudi Arabia's National Debt Management Center.

Al-Mubarak would now become an adviser at the royal court, a separate decree said.

He had taken the helm at Saudi Central Bank in January 2021 in his second stint in one of the most sensitive positions in the kingdom, the world's top oil exporter. He was previously governor from 2011 to 2016.

High oil prices had last year helped Saudi Arabia's fiscal balance tilt to its first surplus since 2013. A narrower surplus is expected in 2023 given the global economic slowdown and an uncertain oil demand outlook.

The International Monetary Fund has revised its 2023 growth forecast for Saudi Arabia downwards to 2.6 percent, underperforming the wider region and 1.1 percentage points below its October projection, on the back of lower expected oil output.

Saudi Arabia

Kingdom

KSA

Central Bank

Appoints

Aynan Alsayari

Debt

Management

Center

Governor

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Major drug bust on Syrian-Lebanese border: 500,000 captagon pills seized

Middle East News

2025-06-28

Major drug bust on Syrian-Lebanese border: 500,000 captagon pills seized

Lebanon’s FM says better Syrian economy will benefit Beirut

2025-07-01

Lebanon’s FM says better Syrian economy will benefit Beirut

Voting briefly suspended after dispute at polling station in Kfeir–Hasbaiyya (Video)

2025-05-24

Voting briefly suspended after dispute at polling station in Kfeir–Hasbaiyya (Video)

Jeita Grotto to reopen in coming weeks after six-month closure

2025-06-04

Jeita Grotto to reopen in coming weeks after six-month closure

Videos

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

Kuwait rolls out official welcome for Lebanon's President Aoun – video

2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

News Bulletin Reports

2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

Most read

24 hours

7 days

Month

Israeli drone targets vehicle on Khalde highway

1

Israeli drone targets vehicle on Khalde highway

As clock ticks, Lebanon faces pressure over UNIFIL and Hezbollah's weapons — the details

2

As clock ticks, Lebanon faces pressure over UNIFIL and Hezbollah's weapons — the details

Israeli airstrike on vehicle in Khalde kills one, wounds three: Health Ministry

3

Israeli airstrike on vehicle in Khalde kills one, wounds three: Health Ministry

US Envoy Tom Barrack: Disarming Hezbollah requires a 'carrots and sticks' strategy

4

US Envoy Tom Barrack: Disarming Hezbollah requires a 'carrots and sticks' strategy

US imposes new sanctions targeting Iran oil trade, Hezbollah: Treasury Department says

5

US imposes new sanctions targeting Iran oil trade, Hezbollah: Treasury Department says

Reuters: Hezbollah considering scaling back its arsenal

6

Reuters: Hezbollah considering scaling back its arsenal

Expat seats in limbo as Lebanon heads toward 2026 elections

7

Expat seats in limbo as Lebanon heads toward 2026 elections

Israeli army claims striking suspect in Lebanon involved in 'Iranian-backed plots against Israel'

8

Israeli army claims striking suspect in Lebanon involved in 'Iranian-backed plots against Israel'

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More