Kingdom, Singapore to expand ties

Updated 04 December 2012
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Kingdom, Singapore to expand ties

Crown Prince Salman, deputy premier and minister defense, held talks with Singaporean Deputy Prime Minister and Minister of Home Affairs Teo Chee Hean here yesterday, exploring prospects of expanding cooperation between the two countries in all sectors.
Prince Salman and Hean also discussed major regional and international issues, the Saudi Press Agency said. Hean conveyed the congratulations of Singapore’s president and prime minister to Custodian of the Two Holy Mosques King Abdullah on his successful back surgery.
The talks were attended by Interior Minister Prince Muhammad bin Naif, the crown prince’s special adviser Prince Muhammad bin Salman and Gen. Abdul Rahman Al-Binayan, director of the defense minister’s office.
Meanwhile, the Singaporean deputy premier, who is also coordinating minister for national security yesterday visited Naif Arab University for Security Sciences in Riyadh.
Dr. Abdul Aziz Al-Ghamdi, president of the university, briefed the minister on his institution’s role in strengthening Arab security and combating organized crimes. Hean toured the university’s facilities.


FaceOf: Ahmad Al-Khatib, chairman of the board of directors of the Saudi Arabian Military Industries

Ahmad Al-Khatib
Updated 58 min 24 sec ago
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FaceOf: Ahmad Al-Khatib, chairman of the board of directors of the Saudi Arabian Military Industries

  • Saudi Arabian Military Industries aims to aims to reduce the country’s reliance on foreign purchases of military products

JEDDAH: Ahmad Al-Khatib was appointed the chairman of the board of directors of the Saudi Arabian Military Industries (SAMI) in October 2017. 

He also holds the posts of chairman of the board of directors of the General Entertainment Authority (GEA) since 2016; chairman of the board of directors of the Saudi Fund for Development; adviser to the general secretariat of the Cabinet; adviser to the minister of defense; and adviser to the court of the crown prince.

Al-Khatib inaugurated on Friday the new facilities of the Aircraft Accessories and Components Company (AACC) at its new headquarters at King Abdul Aziz International Airport in Jeddah during a ceremony under the patronage of Crown Prince Mohammed bin Salman.

SAMI aims to reduce the country’s reliance on foreign purchases of military products and become one of the top 25 global companies in the field of military industries.

“Our goal is to localize more than 50 percent of the Kingdom’s military spending by 2030,” said the crown prince in his earlier statement.

Al-Khatib is a former adviser to the royal court, was the minister of health between 2014 and 2016, and served as the chairman for the Saudi stock company established in 2006, Jadwa Investment.

Al-Khatib has 23 years of experience in banking. In 1992 he joined the Bank of Riyad, working in various departments for 11 years and helping to establish the customer investment department. 

In 2003, Al-Khatib joined SABB Bank and participated in the establishment of Islamic Banking (Amanah). He then became the bank’s general manager.