FaceOf: Dr. Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary Agency

Dr. Fahd Al-Shathri
Updated 28 September 2018
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FaceOf: Dr. Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary Agency

  • Al-Shathri earned his bachelor’s degree in accounting from King Saud University and his master’s degree in economics from KSU
  • Al-Shathri also served as an economic adviser in the Ministry of Finance from 2000 to 2011

Dr. Fahd Al-Shathri is the deputy governor of the Saudi Arabian Monetary Agency (SAMA). Saudi Arabia has been at the forefront of global efforts to combat money laundering and the financing of terror operations, which Al-Shathri is responsible for supervising, among other responsibilities.

Al-Shathri recently gave a speech at the 10th Compliance and Anti-Money Laundering Seminar in Riyadh, highlighting the efforts of the Kingdom in tackling financial crime. 

He said: “The Kingdom has directed all financial institutions to abide by the policies that meet compliance standards, including reporting and uncovering financial crime.”

Al-Shathri earned his bachelor’s degree in accounting from King Saud University and his master’s degree in economics from KSU. 

Prior to gaining his Ph.D. in public finance from Lehigh University, Al-Shathri worked as a columnist at Aleqtisadiah newspaper, where he touched on issues related to the Saudi economy and other members of the Gulf Cooperation Council (GCC).

Al-Shathri also served as an economic adviser in the Ministry of Finance from 2000 to 2011.

In 2009, Al-Shathri served as a board member at the Islamic Corporation for the Development of the Private Sector (ICD). 

He then served as both adviser to the executive director of the International Monetary Fund, as well as executive director and IMF board member through 2016.

Prior to being appointed deputy governor of SAMA in 2018, Al-Shathri served as deputy governor for research and international affairs at SAMA, having been appointed in 2016.


Thousands of participants register in the upcoming Quran and Athan competitions

Updated 24 June 2019
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Thousands of participants register in the upcoming Quran and Athan competitions

  • Total prizes for the competition are worth $3.2m
  • The final stage of the competition will end on October 25

DUBAI: More than 13,000 participants from 162 countries registered in the Quran Recitation and Adhan competitions, the Saudi General Entertainment Authority (GEA) said in a statement.
The GEA allocated $3.2 million in prizes for the largest Quran competition and the first Adhan competition, which aims to highlight the diversity of the Islamic world cultures through the different styles of recitation and Adhan, and improve the image of Islam and Muslims globally.
The competition hopes to encourage the Muslim youth to recite the Quran and experience performing the Adhan.
The registration opened on May 22 and will continue accepting applications until July 22. The applicants will be then shortlisted from July 22 until August 23 as the competition progresses in its second stage.
The on-stage live performances will begin on August 24 and last until September 24 and winners will be announced and awarded throughout the final stage, which will run from September 25 and conclude on October 25.