Saudi King Abdullah replaces Saudi market regulator head

RIYADH Tue Feb 5, 2013 9:37am EST

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RIYADH Feb 5 (Reuters) - Saudi King Abdullah has replaced the head of the kingdom's capital market regulator, the Capital Market Authority, through a royal decree, state news agency SPA reported on Tuesday.

"Abdulrahman al-Tuweijri, chairman of the Capital Market Authority, is relieved of his post and Mohammed bin Abdulmalik Al al-Sheikh is appointed as chairman of the authority," said the decree carried by SPA.

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