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Extraction Summary

5
People
9
Organizations
2
Locations
2
Events
2
Relationships
4
Quotes

Document Information

Type: Financial research report / economic analysis
File Size: 2.14 MB
Summary

This document is page 3 of a Merrill Lynch economic research report titled 'GEMs Paper #26' dated June 30, 2016. It analyzes the Saudi Vision 2030 and National Transformation Plan (NTP), discussing fiscal policies, oil price requirements (US$50-65/bbl), and governance reforms under King Salman and Deputy Crown Prince Mohamed bin Salman. The document is stamped 'HOUSE_OVERSIGHT_016113', indicating it was part of a congressional investigation production.

People (5)

Name Role Context
Jean-Michel Saliba Author
MLI (UK) analyst providing the economic commentary.
King Salman Monarch of Saudi Arabia
Issued 51 Royal Decrees restructuring the Cabinet and government bodies.
Khalid Al-Falih New Minister of Energy, Industry and Mineral Resources
Appointed to replace Al-Naimi; holds Chairmanship of Saudi Aramco.
Al-Naimi Former Minister of Petroleum and Mineral Resources
Retired due to old age.
Mohamed bin Salman Deputy Crown Prince
Noted as being close to Khalid Al-Falih.

Organizations (9)

Name Type Context
Merrill Lynch
Publisher of the document (Logo visible).
MLI (UK)
Author's affiliation.
Saudi Vision 2030
Economic reform plan being analyzed.
National Transformation Plan (NTP)
Comprehensive roadmap for change in Saudi Arabia.
Council for Economic and Development Affairs (CEDA)
Government body overseeing implementation.
Ministry of Energy, Industry and Mineral Resources
Government ministry undergoing leadership change.
Saudi Aramco
State oil company, chaired by Al-Falih.
Council for Political and Security Affairs
Mentioned in context of previous restructuring.
Royal Court
Issued statement regarding changes.

Timeline (2 events)

2015-01
Restructuring of bodies affiliated to the Council of Ministers.
Saudi Arabia
2016-05
Restructuring of the Saudi Cabinet and government bodies announced.
Saudi Arabia

Locations (2)

Location Context
Primary subject of the economic analysis.
UK
Location of the author (MLI UK).

Relationships (2)

Khalid Al-Falih Political/Professional Alliance Mohamed bin Salman
Document states 'Al-Falih appears close to Deputy Crown Prince Mohamed bin Salman'
Jean-Michel Saliba Employment Merrill Lynch
Author listed under MLI (UK) with baml.com email address

Key Quotes (4)

"The Saudi Vision 2030 and National Transformation Plan (NTP) present a comprehensive roadmap for change"
Source
HOUSE_OVERSIGHT_016113.jpg
Quote #1
"we estimate that oil prices have to average at least US$50/bbl in 2016-20"
Source
HOUSE_OVERSIGHT_016113.jpg
Quote #2
"King Salman issued 51 Royal Decrees restructuring the Cabinet"
Source
HOUSE_OVERSIGHT_016113.jpg
Quote #3
"Al-Falih appears close to Deputy Crown Prince Mohamed bin Salman"
Source
HOUSE_OVERSIGHT_016113.jpg
Quote #4

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