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.” 


Trump: Saudi arrests in Khashoggi death ‘a good first step’

Updated 38 min 2 sec ago
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Trump: Saudi arrests in Khashoggi death ‘a good first step’

  • Trump said that Saudi Arabia has been a great ally
  • The president said he wanted to talk to Saudi Crown Prince Mohammed bin Salman on what to do next

LUKE AIR FORCE BASE, Arizona: US President Donald Trump on Friday called Saudi Arabia's announcement that suspects are in custody in the death of journalist Jamal Khashoggi a "good first step" and said he would work with Congress on a US response.

The president spoke to the media at a defense roundtable in Arizona hours after Saudi Arabia claimed that Khashoggi, a Washington Post contributor last seen on Oct. 2, was killed in a "fistfight" at the Saudi consulate in Istanbul. The kingdom also said that 18 suspects were in custody and that intelligence officials had been fired.

Asked by a reporter whether he thought Saudi Arabia's explanation for Khashoggi's death was credible, Trump said, "I do. I do." But he said before he decided what to do next, he wanted to talk to Saudi Crown Prince Mohammed bin Salman.

"Saudi Arabia has been a great ally, but what happened is unacceptable," Trump said. Regarding the Saudi arrests, he said, "It's a big first step. It's only a first step, but it's a big first step."