FaceOf: Talat Hafiz, secretary-general of the Media and Banking Awareness Committee for Saudi Banks

Talat Hafiz
Updated 13 July 2018
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FaceOf: Talat Hafiz, secretary-general of the Media and Banking Awareness Committee for Saudi Banks

  • With over 30 years’ experience in financial analysis and banking, Hafiz is responsible for enhancing banking knowledge in Saudi society
  • Hafiz gained a master’s degree in professional accounting from Hartford University, Connecticut, in 1984

Talat Hafiz is secretary-general of the Media and Banking Awareness Committee for Saudi Banks. 

With over 30 years’ experience in financial analysis and banking, Hafiz is responsible for enhancing banking knowledge in Saudi society.

On Wednesday, he led the first panel discussion at the 12th BMG Economic Forum in London under the theme “Business and Financial Environments in Saudi Arabia.” 

The BMG Economic Forum addressed wider investment opportu- nities in Saudi Arabia and the King- dom’s vision for the future.

“Saudi Arabia is the heart of the Arab world and an investment powerhouse,” Hafiz said.

British MP John Glen pledged UK support for the Kingdom’s comprehensive Vision 2030 plan.

Hafiz gained a master’s degree in professional accounting from Hartford University, Connecticut, in 1984. After graduating, he joined one of the leading commercial banks in the Middle East, the National Commercial Bank (NCB), and went on to hold senior positions including corporate branch manager and head of private banking. 

Hafiz worked as an assistant professor at King Saud University in the accounting department from 1977-1983.

He has also acted as CEO for United Assets Co., an investment and real estate development company.

An economic and financial analyst and columnist, Hafiz has hosted several economic and finance programs on the Saudi Television Network. 

Along with his responsibilities as secretary-general, Hafiz serves as a board member for the General Organization of Social Security, the Saudi Broadcasting Corporation and Baazeem Trading Co.


KSRelief joins work session at UN Forum on sustainable development in New York

Updated 6 min 5 sec ago
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KSRelief joins work session at UN Forum on sustainable development in New York

NEW YORK: King Salman Humanitarian Aid and Relief Center (KSRelief) participated in a high-level political forum on sustainable development in a session entitled “Saudi Aid Platform” in New York at the United Nations.
Assistant General Supervisor of KSRelief Center for Planning and Development Dr. Aqeel Al-Ghamdi briefed a summary on the Saudi aid platform, saying that it is an electronic platform built through a team of statisticians and IT experts working in archiving and documenting the humanitarian and development projects.
He said that the center’s work amounted to 439 projects implemented through 124 partners in the amount of $1,826,962,993 in various sectors, pointing out that the Kingdom is the top humanitarian donor for Yemen in 2018, according to a recent report by the United Nations Office for the Coordination of Humanitarian Affairs (OCHA).
He spoke about the new humanitarian project “Masam” to dismantle mines in Yemen, which pose dangers to civilians as the Houthis plant them near residential areas, killing thousands and causing permanent disabilities to many others.
Al-Ghamdi went on to review the electronic platform for Saudi aid, created by IT experts via the KSRelief and launched under the patronage of King Salman. Donor groups in Saudi Arabia were trained to document their humanitarian projects on the portal. The first phase of the project documents activities between 2007 to 2017, while the second focuses on all activities from 1996 to 2006 and the third stage is concerned with activities before 1995.



The center, alongside relevant state institutions, have completed the monitoring of the first phase in both fts and dac oecd. It showed that during the first phase, an amount of 33.29 billion dollars were spent as 1196 projects in 78 countries were carried out, while the number of contributions reached 489 with a total amount of USD 929,711,258.