Riyadh governor inaugurates Al-Dawadmi projects worth SR2.65bn

Riyadh Gov. Prince Faisal bin Bandar admires exhibits during his visit to Al-Dawadmi to inaugurate projects. (SPA)
Updated 04 March 2017
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Riyadh governor inaugurates Al-Dawadmi projects worth SR2.65bn

RIYADH: Prince Faisal bin Bandar, governor of Riyadh, on Thursday inaugurated projects valued at SR2.65 billion during his visit to the province of Al-Dawadmi.
A number of additional ongoing projects are valued at SR7.35 billion.
The new and ongoing projects include health, municipal, housing, education, social, water, and electricity works, alongside other charity and vocational training projects.
The governor met with heads of courts, members of the judiciary, other officials and families of the province and listened to their views and needs.
The governor also met with the local and municipal council to discuss the previously adopted work plan, as well as the major challenges facing the province.
Directors of local government entities — including those involved in education, health, housing, social development, electricity, water, roads, agriculture and industry — also participated in the meeting.
In a press statement, the governor described Al-Dawadmi as a comprehensive and strategically located province for regional planning.
Stalled projects in the area amount to SR245 million, the governor said, confirming that his trip aims to visit these projects. “The meeting looked at all of these issues and matters related to affairs of families in the province, most importantly basic services to citizens,” said the governor.
He said the meeting agenda successfully touched on all the key sectors and important issues facing the province.
The governor said the development of the Al-Dawadmi airport is a topic to be studied and discussed, as adding more international flights will reduce pressure on other nearby airports and provide better transportation services to residents and citizens.
The governor also attended a ceremony with local families, during which he shared with them the historic and cultural importance of the province.
“I was pleased to meet you today on one of the most important visits to one of the most important locations, as it is considered central to the unification and development of this nation,” he said.
He conveyed the greetings of King Salman and the crown and deputy crown princes, wishing families of the province wellbeing and security.
The governor received a token of honor from the mayor and local families, as well as a copy of the book titled “Al-Dawadmi.”


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

Ahmad Al-Khatib
Updated 27 May 2018
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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.