The new leadership in the Kingdom on Friday assured its adherence to current eco**mic policies, with the Council of Saudi Chamber (CSC) and the Riyadh Chamber of Commerce and Industry (RCCI) expressing confidence they will take eco**mic developments to new highs. **tably, based on speculations, oil prices in international market shot up sharply following the an**uncement of the demise of King Abdullah even as Custodian of the Two Holy Mosques. King Salman pledged to continue with the current policies. King Salman also issued a royal decree regarding continuation of all current members of the cabinet, including Minister of Petroleum and Mineral Resources Ali Al-Naimi in his post, bolstering assurances that he will continue the policy of maintaining crude output to preserve the market share even as oil prices have gone up temporarily due to speculation in the market following the news of King Abdullah's death that came amid some of the biggest shifts in oil markets in decades.
01-25-2015, 12:48 AM
Chambers exude confidence at eco**mic policies
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