FaceOf: Rayed Al-Ajaji, CEO of KSA's Universal Metal Coating Company

Rayed Al-Ajaji
Updated 17 November 2018
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FaceOf: Rayed Al-Ajaji, CEO of KSA's Universal Metal Coating Company

  • Al-Ajaji professional experience spans more than 20 years and includes the markets of Saudi Arabia, the GCC, and other Arab countries
  • Al-Ajaji earned a bachelor’s degree in engineering management and a master’s degree in industrial management from the University of Miami between 1992 and 1997. 

Rayed Al-Ajaji is the CEO of the Universal Metal Coating Company Ltd. (UNICOIL) and chairman for the National Committee for Steel Industry (NCSI). He recently spoke at the 13th annual Arab Steel Summit in Amman about how the government and the private sector can work together to ensure future market competitiveness. 

“Despite the fact that so many of our manufacturers are producing at less than 50 percent capacity due to unfair competition, as a country we are a net importer of steel,” he said. “We are leaving billions of economic value on the table.

“We have an opportunity today to work together to stop that and keep this revenue in the country to help achieve our ambitious national growth plans. Our country has invested billions over the years in world-class facilities that manufacture the highest-quality steel products and we must work together to ensure it remains competitive and thriving.”

Al-Ajaji earned a bachelor’s degree in engineering management and a master’s degree in industrial management from the University of Miami between 1992 and 1997. 

He subsequently gained a diverse range of experience in various steel-manufacturing processes, including the commercial steel trade, building materials, and business process re-engineering. 

His professional experience spans more than 20 years and includes the markets of Saudi Arabia, the GCC, and other Arab countries.

NCSI is a not-for-profit organization set up by the Council of Saudi Chambers with a mandate to meet challenges, engage with industry members, and develop a culture of industrial and communal responsibility and commitment toward the realization of Saudi Vision 2030.


Saudi heritage chief launches Korean exhibition in Riyadh

Updated 19 December 2018
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Saudi heritage chief launches Korean exhibition in Riyadh

RIYADH: Prince Sultan bin Salman, the president of the Saudi Commission for Tourism and National Heritage, officially opened an exhibition in Riyadh showcasing Korean history and culture. He was joined at the event by Professor Bae Kidong, the director general of the National Museum of Korea in Seoul, and Korean Ambassador to Saudi Arabia Jo Byung-Wook.
Titled “Korean History and Culture: an Enchanting Journey to the Korean Civilization,” the exhibition — which will be at the National Museum until March 7, 2019 and is the first of its kind in Saudi Arabia — features rare artifacts that showcase Korean archaeology, civilization and folklore, as well as a selection of exhibits from the Korean National Museum.
Prince Sultan said that such cooperation in the field of culture and archaeology is very important, especially since Korea has a great and ancient culture, and given its important relationship with Saudi Arabia through the years.
On behalf of the Korean government and people, Prof. Bae expressed his sincere appreciation to the Kingdom for hosting the exhibition.