Aug 25 (Reuters) – Kuwait has named Nora Suleiman Al-Fassam and Khalifa Abdullah Ajeel as its new finance and trade ministers respectively, as part of a cabinet shuffle, according to a decree issued by the country’s Emir on Sunday.
Al-Fassam, who was also appointed minister of state for economic and investment affairs, is a banker with extensive experience in corporate finance and investment banking. She most recently served as chief strategy officer at Kuwait’s Sharia-compliant Boubyan Bank.
Ajeel headed Kuwait’s State Bureau of Financial Control and was a member of the board of commissioners at the Capital Markets Authority.
Kuwait retained Mahmoud Bushehri as minister of electricity, despite a recent power crisis that led the Gulf state to impose scheduled outages in parts of the country due to a disruption in gas supplies.
During the summer, temperatures in Kuwait typically exceed 50 degrees Celsius (122 degrees Fahrenheit), leading to increased power consumption amid demand for cooling.
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Reporting by Ahmed Hagagy, Hatem Maher and Ahmed Tolba
Editing by David Goodman and Bernadette Baum
Our Standards: The Thomson Reuters Trust Principles.