Prince Faisal launches new Al-Eqtisadiah website

Updated 18 November 2012
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Prince Faisal launches new Al-Eqtisadiah website

RIYADH: Prince Faisal bin Salman, chairman of Saudi Research & Marketing Group (SRMG), recently launched the new website of Al-Eqtisadiah business daily.
Salman Aldossary, editor in chief of Al-Eqtisadiah, said the number of people visiting the daily’s website has increased by 40 percent compared to last year.
He said the new user-friendly website would help readers get wider content, adding that it is provided with greater interactive facilities.
“Readers will be able to get more reports, articles and investigative feature stories daily with pictures,” Aldossary said.
He estimated the number of readers who follow Al-Eqtisadiah reports on Twitter at more than 100,000 including its main users.
The online edition of the daily conducts weekly referendums on important topics, receiving responds from thousands of readers. Next week Al-Eqtisadiah Channel will be launched on YouTube, with a lot of attractive programs presented by experts, the editor in chief said. The daily will announce incentives to its online readers shortly.


FaceOf: Ahmad Al-Khatib, chairman of the board of directors of the Saudi Arabian Military Industries

Ahmad Al-Khatib
Updated 43 min 50 sec ago
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FaceOf: Ahmad Al-Khatib, chairman of the board of directors of the Saudi Arabian Military Industries

  • Saudi Arabian Military Industries aims to aims to reduce the country’s reliance on foreign purchases of military products

JEDDAH: Ahmad Al-Khatib was appointed the chairman of the board of directors of the Saudi Arabian Military Industries (SAMI) in October 2017. 

He also holds the posts of chairman of the board of directors of the General Entertainment Authority (GEA) since 2016; chairman of the board of directors of the Saudi Fund for Development; adviser to the general secretariat of the Cabinet; adviser to the minister of defense; and adviser to the court of the crown prince.

Al-Khatib inaugurated on Friday the new facilities of the Aircraft Accessories and Components Company (AACC) at its new headquarters at King Abdul Aziz International Airport in Jeddah during a ceremony under the patronage of Crown Prince Mohammed bin Salman.

SAMI aims to reduce the country’s reliance on foreign purchases of military products and become one of the top 25 global companies in the field of military industries.

“Our goal is to localize more than 50 percent of the Kingdom’s military spending by 2030,” said the crown prince in his earlier statement.

Al-Khatib is a former adviser to the royal court, was the minister of health between 2014 and 2016, and served as the chairman for the Saudi stock company established in 2006, Jadwa Investment.

Al-Khatib has 23 years of experience in banking. In 1992 he joined the Bank of Riyad, working in various departments for 11 years and helping to establish the customer investment department. 

In 2003, Al-Khatib joined SABB Bank and participated in the establishment of Islamic Banking (Amanah). He then became the bank’s general manager.