Kuwait Emir Sheikh Meshal Al-Ahmad Al-Sabah accepts resignation of deputy PM, oil minister

Kuwait’s Emir, Sheikh Meshal Al-Ahmad Al-Sabah, has accepted the resignation of Deputy Prime Minister and Minister of Oil Dr. Emad Al-Ateeqi. The move comes at a critical time for the country’s oil sector, which plays a pivotal role in Kuwait’s economy.

Dr. Al-Ateeqi’s departure has prompted swift action from the Emir, who appointed Finance Minister and Minister of State for Economic Affairs and Investment, Nora Suleiman Al-Fassam, as the acting oil minister. The announcement, made via the Emiri Diwan and carried by the Kuwait News Agency, marks a significant shift in Kuwait’s energy leadership.

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Al-Ateeqi’s resignation, though unexpected, reflects underlying challenges in Kuwait’s oil industry. With global energy markets in flux, Al-Fassam’s temporary stewardship of the oil portfolio will be closely watched, as Kuwait seeks to navigate ongoing economic pressures and fluctuating oil prices.

This leadership reshuffle could signal broader changes in the country’s approach to its key economic sector. While no further details were provided on the reasons behind Al-Ateeqi’s resignation, the new appointment underscores the importance of maintaining stability in the oil ministry during this critical period for Kuwait’s economy.