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.


First Saudi female air traffic controllers begin work

Updated 9 min 28 sec ago
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First Saudi female air traffic controllers begin work

  • Eleven women completed a one-year program conducted by Saudi Air Navigation Services

JEDDAH: Saudi Air Navigation Services (SANS) on Wednesday celebrated the appointment and start of work of the first batch of Saudi female air traffic controllers at an air traffic control center in Jeddah.
Eleven women completed a one-year program conducted by SANS in cooperation with the Saudi Academy of Civil Aviation. This is the first program to qualify women to work as air traffic controllers.
The academy initiative, in collaboration with SANS, seeks to create more jobs for women as part of a reform push to wean the economy off oil. Vision 2030 plan aims to increase employment and diversify revenue sources.
Earlier, SANS CEO Ryyan Tarabzoni said the state-owned company was prioritizing the hiring of women in the profession, as the country pushes to extend women’s rights in the country and also recruit more nationals as part of the “Saudization” project.