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Fri 21 Jul 2017 12:14 AM

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Saudi Arabia sets up state security agency

King Salman issues decree to form new agency which will be overseen by him directly

Saudi Arabia sets up state security agency
Turkey's President Recep Tayyip Erdogan R welcomes Saudi King Salman bin Abdulaziz Al Saud. (ADEM ALTAN/AFP/Getty Images - for illustrative purposes only)

Saudi Arabia's King Salman issued a decree Thursday setting up a new security agency for the oil-rich kingdom which will be overseen by him directly, the SPA news agency said.

The new agency, which will be headed by intelligence chief General Abdel Aziz bin Mohammed al-Houeiriny, would manage several departments of the interior ministry, the state-run SPA said.

The department of intelligence and the units tasked with fighting terrorism would work under the authority of the new agency.

King Salman also issued a series of royal decrees on Thursday, including one sacking the head of the royal guard, General Hamad al-Awhaly, and replacing him with General Suheil al-Mutiri.

He also appointed Mohammed bin Abdullah al-Qweiz as the new head of the Saudi stock exchange.

The latest decisions come nearly a month after King Salman ousted his nephew as crown prince and installed his son Mohammed bin Salman, 31, as his successor.

Arabian Business digital magazine: read the latest edition online