Abdullah bin Mohammed Al-Zamil, chairman, Gulf International Bank (GIB) Saudi Arabia

Abdullah bin Mohammed Al-Zamil
Updated 21 April 2019
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Abdullah bin Mohammed Al-Zamil, chairman, Gulf International Bank (GIB) Saudi Arabia

Abdullah bin Mohammed Al-Zamil is the new chairman of the board of directors of Gulf International Bank (GIB) Saudi Arabia. He was appointed on March 31, 2019.

Al-Zamil has extensive experience in the private sector. He served as the CEO and a board member of Al-Zamil Group, where he began his professional career in 1987, and was promoted to his latest position as CEO in 2009. 

He began as an industrial engineer at Zamil Air Conditioners and subsequently became vice president for sales and marketing and purchasing and materials management. He served as senior vice president and COO of Zamil Industrial Investment Co.

He was awarded his bachelor’s degree in industrial engineering from the University of Washington in Seattle, US in 1987. In 1992, he obtained his MBA in finance from King Fahd University of Petroleum and Minerals in Dhahran, Saudi Arabia. 

Al-Zamil is a board member of several regional companies, including the General Authority of Civil Aviation, VIVA Bahrain, the Human Resources Development Fund, Gulf International Bank in the UK, and Zamil Steel Industries in Egypt, Vietnam and India. 

He is also the chairman of the board of directors of Saudi Global Ports, LLC (SGP). 

GIB announced on Sunday that it has successfully completed the conversion of its existing branches in Saudi Arabia to a locally incorporated bank.

This makes GIB the first foreign bank in the Kingdom to be locally incorporated. 

“The establishment of GIB Saudi Arabia is an important milestone in the implementation of the bank’s strategy, which remains focused on the expansion of its service offering and position as a leading digital bank and is expected to contribute positively to enhanced performance and profitability,” Al-Zamil said. 

He said that the public investment fund’s contribution and partnership with GIB will enable the bank to accelerate the growth of its operations and customer base in the Kingdom as well as in other Gulf Cooperation Council countries.


Houthi threat to holy sites in Makkah condemned

Updated 21 May 2019
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Houthi threat to holy sites in Makkah condemned

  • Iran-backed militias have no qualms about attacking the holiest place in Islam, says analyst
  • This is not the first time that Houthi militias have targeted Makkah, having fired on the city in July 2017

JEDDAH: The Royal Saudi Air Defense Forces intercepted and destroyed two missiles launched from Yemen by Iran-aligned Houthi militias on Monday. 

The missiles were reported to have been heading toward Makkah and Jeddah. 

A spokesman for the Arab Coalition said that the missiles were destroyed over Taif in the early morning, and that fragments from the first projectile had landed in Wadi Jalil, a valley that extends toward Makkah.

Residents in Jeddah told Arab News that they heard a loud blast early on Monday morning.

This is not the first time that Houthi militias have targeted Makkah, having fired on the city in July 2017.

Videos circulating on social media reportedly show the second missile being intercepted and destroyed in the skies over King Abdulaziz International Airport.

Bahrain’s Foreign Ministry denounced the Houthi attack and commended the Royal Saudi Air Defense Forces for their vigilance. 

Dr. Hamdan Al-Shehri, a Riyadh-based Saudi political analyst and international relations scholar, said: “This isn’t the first time that the Houthis and their masters in Tehran have fired missiles close to the holy city of Makkah.” 

They have no qualms about attacking the holiest place in Islam, he added. 

“They care nothing for the sanctity of the holy month of Ramadan. What they did today, and what they did in the past, clearly reveal their sinister designs to strike at the heart of the Muslim world,” Al-Shehri said.

“Now is the time for all Muslim nations in the world to come to the defense of the holy land. Our sacred places are under attack from Iran, the Houthis and their militias,” he added.

“Mere condemnation won’t do. Iran and the Houthis have crossed a red line, and this calls for deterrent action against Tehran,” he said.

Yemen’s internationally recognized government also condemned the Houthis’ attempt to target Makkah, calling it “a full-fledged terrorist attack.”

Monday’s aggression came as Saudi Arabia warned that recent drone attacks against its oil-pumping stations by the Houthis will jeopardize UN peace efforts in Yemen and lead to further escalation in the region.

Abdallah Al-Mouallimi, Saudi ambassador to the UN, said “seven explosive drones” directed by the Houthis attacked pumping stations on May 14 in the cities of Dawadmi and Afif “on the east-west oil pipeline that transfers Saudi oil to Yanbu port and to the rest of the world.”

He urged UN Security Council members, in a letter circulated on Monday, “to disarm this terrorist militia in order to prevent the escalation of these attacks which increase regional tensions and raise the risks of a broader regional confrontation.”

Al-Shehri said Monday’s attack is a reminder to Muslim nations about the clear and present danger from Iran.  “Tehran timed the attack just as King Salman has called for a meeting in Makkah to discuss the threat from Iran to the Muslim world,” Al-Shehri said.

Saudi security forces have intercepted and destroyed 227 ballistic missiles launched by the Houthis at the Kingdom since 2015.