FaceOf: Khalid bin Mohammed Al-Salem, director general of KSA’s MODON

Updated 09 October 2018
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FaceOf: Khalid bin Mohammed Al-Salem, director general of KSA’s MODON

  • Khalid bin Mohammed Al-Salem holds a bachelor’s degree in chemical engineering from King Saud University and master’s degrees in business administration from Thunderbird University, US
  • The Kingdom is also witnessing a remarkable demand in industrial investment after intensified efforts by the Saudi Industrial Property Authority (MODON) and other government agencies

Khalid bin Mohammed Al-Salem is the director general at Saudi Industrial Property Authority (MODON). 

He holds a bachelor’s degree in chemical engineering from King Saud University and master’s degrees in business administration from Thunderbird University, US.

Al-Salem has more than 22 years of experience in the field of industrial development and research and development. He has held many executive leadership positions, the last of which was serving as president of the National Program for the Development of Industrial Clusters. He also worked in the Saudi Basic Industries Corp. (SABIC), where he took part in many tasks related to research and technology development, initial operation of factories, and was responsible for establishing research and development institutions for chemicals and polymers in the Kingdom, the US, India, and China.

Saudi Arabia on Sunday pledged to invest SR500 billion ($133.3 billion) in various industrial, service, and logistics projects and contracts, which will go a long way in cutting its dependence on oil and further diversifying their national economy. 

The Kingdom is also witnessing a remarkable demand in industrial investment after intensified efforts by the Saudi Industrial Property Authority (MODON) and other government agencies.

MODON’s new identity and strategy were unveiled at a conference at the Ritz-Carlton, Riyadh this week. 

MODON’s new strategy, which is in line with the directives of King Salman, and Crown Prince Mohammed bin Salman, will enable the Kingdom to provide employment opportunities to young Saudis among other benefits. 

According to Al-Salim, the new identity of MODON represents all the values that it aspires to achieve and its constant efforts to provide the best and latest services. 

He said: “Saudi Arabia is witnessing rapid changes in various sectors, especially in economic aspects, based on its orientation to implement the objectives of the National Transition Program 2020 and realizing Vision 2030.” 


Saudi Arabia ‘racing into the future’ with Formula E

Updated 15 December 2018
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Saudi Arabia ‘racing into the future’ with Formula E

  • A first for Saudi Arabia and the region, the event’s magnitude reflects the Kingdom’s goal of hosting major events and promoting them domestically and globally
  • “This is unprecedented and fabulous,” one concert-goer said. Another said: “I can’t believe I’m in Saudi Arabia.” 

RIYADH: Formula E is one for the books. Attracting fans from all over the world, the mega event — held in the historic Saudi town of Ad Diriyah, a UNESCO World Heritage Site — is set to revolutionize motorsports by using only electric race cars. 

Officially known as the ABB FIA Formula E Championship, the race expects to draw 40,000 attendees, with access not only to the race but also to the Kingdom’s largest ever festival for music, entertainment and cultural activities.

A first for Saudi Arabia and the region, the event’s magnitude reflects the Kingdom’s goal of hosting major events and promoting them domestically and globally.

A milestone was marked as Bandar Alesayi and Ahmed bin Khanen became the first Saudi I-Pace eTrophy racers, sponsored by the General Sports Authority (GSA). 

Both drivers predict increased grassroots support in the Kingdom for youths to train in carting and race-car driving.  

At 1.76 miles long with 21 corners, the track is somewhat tricky for first-time Formula E drivers.

“The system is like Mario Bros when they get the little star and go faster,” said Formula E founder and CEO Alejandro Agag. The new electric circuit in Saudi Arabia has been hailed as one of the best Formula E tracks.

The three-day event is hosting some of the world’s top singers, including Jason Derulo, Enrique Iglesias, Amr Diab, Black Eyed Peas, David Guetta and One Republic, along with DJ EJ. 

“This is unprecedented and fabulous,” one concert-goer said. Another said: “I can’t believe I’m in Saudi Arabia.” 

Outside the venue, Al-Bujairy, one of Ad Diriyah’s historic areas, hosts high-end restaurants, cafes and local designer outlets overlooking the historic district of At-Turaif, which was once home to the Saudi royal family and has newly opened for visitors.

Another area of interest is the Family Zone, with many events and activities to entertain all age groups. Men, women and children are given different driving experiences.

In Ad Diriyah’s Formula E, only one car is allowed per driver instead of two, making pit stops more crucial in terms of timing.  

“Attack mode” gives cars a temporary power boost from 200 to 225 kilowatts, equivalent to 268-302 horsepower. Drivers need to move to a certain area on the track to activate this mode.

“Saudi Arabia is racing into the future with Formula E, as we open the Kingdom to the world in a transformation that’s being supercharged by the Vision 2030 plan, driven forward by Crown Prince Mohammed bin Salman,” Prince Abdul Aziz bin Turki Al-Faisal Al-Saud, vice-chair of the Saudi Arabian General Sports Authority, told Arab News.