Abdul Aziz Al-Rasheed, assistant Saudi minister for international financial affairs

Updated 18 April 2019
0

Abdul Aziz Al-Rasheed, assistant Saudi minister for international financial affairs

  • He earned a bachelor’s in economics from Al-Imam Muhammad Ibn Saud Islamic University
  • He was previously deputy minister of economic affairs and assistant deputy minister for economic policies

Abdul Aziz Al-Rasheed has been the assistant minister for international financial affairs since January.

He earned a bachelor’s in economics from Al-Imam Muhammad Ibn Saud Islamic University, continuing his studies at the University of Oregon with a post-graduate degree.

He was previously deputy minister of economic affairs and assistant deputy minister for economic policies, and has also worked at the Saudi Food and Drug Authority.

He holds seats on the board of the Saudi International Trade Authority, the Saudi Commission for Tourism and National Heritage, the General Authority for Statistics, as well as the General Authority of Zakat and Tax.  

Speaking this week at the UN Economic and Social Council’s Forum on Financing for Development in New York, Al-Rasheed stressed the importance of collective action to reduce the gap between developed and developing countries across various fields.

Focusing specifically on energy and infrastructure, he said the Kingdom remained a major international development donor, and was committed to increasing its role in the future.

He added that the Kingdom would continue to play its role in stabilizing international energy markets, as part of the Saudi Vision 2030 reform plan to move away from fossil fuels toward a more sustainable and diverse local economy, sharing its technological advances with other nations.


China’s Belt and Road Initiative consistent with Saudi Vision 2030 reform plan, says Chinese envoy

Updated 41 min 16 sec ago
0

China’s Belt and Road Initiative consistent with Saudi Vision 2030 reform plan, says Chinese envoy

RIYADH: Chinese Ambassador Chen Weiqing said his country’s Belt and Road Initiative is consistent with the Saudi Vision 2030 reform plan, and he praised communication between the two countries.

“China and the Kingdom are among the leading forces of dialogue among civilizations,” Chen said during an iftar at his home. 

“We join our two countries in promoting security and stability in the region, and the whole world, through dialogue among civilizations. We strive for the integrated aspiration of mankind.”

Chen, who was appointed ambassador to Saudi Arabia This month, said: “Cooperation between China and the Kingdom enjoys the characteristics of strategy, harmony and mutual benefit.”

The Belt and Road Forum for International Cooperation was held in Beijing last month, and a Saudi delegation attended.

It was a chance for countries to pitch for investment in a massive infrastructure project aimed at connecting China with the rest of the world.

“Saudi Arabia has applied economic and social reforms over the past few years, and has made significant progress toward achieving its goals,” Chen said.