Minister Noura Al-Fassam resigns

Noura Al-Fassam, Minister of Finance and Minister of State for Economic Affairs and Investment has tendered her resignation.

According to Al-Jarida daily, an Amiri Decree has been issued accepting the resignation of the Finance Minister.

A second decree has been issued appointing Dr. Subaih Al-Mukhaizeem, current Minister of Electricity, Water and Renewable Energy, to additionally serve as Minister of Finance and Acting Minister of State for Economic Affairs and Investment.

Eng. Noora Al-Fassam, who holds a Master’s degree in Business Administration from the Kuwait University, as well as a Bachelor’s in Industrial Engineering and Management Systems with honors from Kuwait University, was appointed Minister on August 25, 2024, by Amiri Decree No. 140/2024.

Prior to the appointment she was the Chief Strategy Officer at Boubyan Bank, the first position of its kind approved by the Central Bank of Kuwait.