FaceOf: Turki Al-Hokail, CEO of KSA's National Center for Privatization

Updated 27 April 2018
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FaceOf: Turki Al-Hokail, CEO of KSA's National Center for Privatization

  • He is a board member of the Saudi Aviation Holding Co.
  • Al-Hokail regularly contributes articles to the international and local press, is a frequent commentator on TV

On Tuesday, Saudi Arabia’s Council of Economic and Development Affairs (CEDA) approved a privatization program that aims to increase job opportunities for Saudi nationals, attract technologies and innovations, and support the country’s economy.

The National Center for Privatization (NCP), the body responsible for implementing the big state sell-off program, released details of its privatization plan after proposals were signed to transfer ports, hospitals, desalination plants, schools and sports clubs to the private sector. 

Turki Al-Hokail is the CEO and a board member of the NCP, reporting directly to CEDA and leading Vision 2030’s privatization goals and program. 

He is a board member of the Saudi Aviation Holding Co., a board member of the General Authority of Customs and a member of the International Association for Energy Economics. Prior to that, Al-Hokail served as an assistant deputy minister of Commerce and Investment for Foreign Trade. 

He also served as a senior economic adviser at the General Secretariat of the Council of Ministers, as a senior adviser to the Supreme Economic Council at the Royal Court, a consultant at the World Bank, a senior manager of the Economic Research Studies Department of the MENA region at Banque Saudi Fransi and affiliate of Crédit Agricole CIB, and manager of the Economic Studies Department at the Saudi British Bank (SABB), an affiliate of HSBC Holdings Plc.

Al-Hokail regularly contributes articles to the international and local press, is a frequent commentator on TV and a regular participant in trade and economic conferences. He has published more than 150 reports on Saudi and regional economies in trade issues, business confidence indices and real estate/housing indices. 

He is a senior fellow at the Harvard Kennedy School, Harvard University. Al-Hokail gained his M.A in international commerce, economics and public policy from George Mason University. 

He holds an executive certificate in strategic transformation policies from London Business School, an executive certificate in creativity and innovation management from Harvard Business School, and an executive certificate in negotiation and conflict management from the US Institute of Peace.


King Salman’s support vital to national heritage achievements

The program aims to protect, promote and develop cultural heritage and make it part of the life and memory of citizens. (Supplied)
Updated 52 min 8 sec ago
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King Salman’s support vital to national heritage achievements

  • The Saudi leadership made key decisions to protect antiquities and historical sites
  • Saudi Arabia aims to conduct awareness campaigns, establish museums and develop them in a modern way to attract citizens and visitors

JEDDAH: The achievements made in Saudi Arabia’s national heritage sector, and the prizes and awards that have been won as result, are thanks to the support and efforts of King Salman, said Prince Sultan bin Salman, president of the Saudi Commission for Tourism and National Heritage (SCTH).
His comments came as the king received the Sharjah International Award for Cultural Heritage, which was awarded in recognition of the Custodian of The Two Holy Mosques cultural heritage program.
King Salman oversaw the creation of the antiquities and heritage sector 50 years ago and stood firmly against the elimination or extinction of archaeological and heritage sites, Prince Sultan said, and has made historical and important decisions to protect antiquities since the era of the late King Saud.
This support culminated in the adoption of the innovative Custodian of The Two Holy Mosques for the Care of Cultural Heritage program, implemented by the commission to bring about a qualitative shift in projects and programs devoted to national cultural heritage.
Prince Sultan said: “The award is a result of King Salman’s follow-up and support to the program, which the SCTH and our team have translated into projects and initiatives carried out in cooperation with highly professional partners, in order to preserve, restore and develop the national heritage and make it a reality that connects citizens to their country’s history and heritage.”
He said the SCTH has built upon the great efforts of the institutions that preceded it in taking care of the nation’s antiquities, as well as individual efforts to preserve national heritage.
“Today, we reap the fruits of these efforts: The culture we have learnt from King Salman and previous leaders, which has taught us to complete the work and loyalty of all those who built and achieved before us,” he said.
Dr. Sultan bin Mohammed Al-Qasimi, a member of the Federal Supreme Council and ruler of Sharjah, announced that the Sharjah International Award for Cultural Heritage had been awarded to the Custodian of The Two Holy Mosques Program for the Care of Cultural Heritage during a ceremony on April 22, 2018.
The program aims to protect, promote and develop cultural heritage and make it part of the life and memory of citizens. It also conducts awareness campaigns, establishes museums and develops them in a modern way to attract citizens and visitors, prepares Islamic historical sites to welcome visitors, and preserves culturally important buildings and towns to showcase the role of the Kingdom as a crossroads for civilizations through the ages and achieve a qualitative shift in the field, contributing to economic growth.