Dr. Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary Agency

Dr. Fahd Al-Shathri
Updated 19 May 2019

Dr. Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary Agency

Since June 2018, Dr. Fahd Al-Shathri has been the deputy governor of the Saudi Arabian Monetary Agency (SAMA). He was previously the deputy governor for research and international affairs at the same agency, a position he held for two years from 2016.

Al-Shathri served as an economic adviser to the Ministry of Finance between 2000 and 2011, and in 2009, he joined the board of the Islamic Corporation for the Development of the Private Sector (ICD).

In 2011, Al-Shathri was appointed an adviser to the executive director of the International Monetary Fund (IMF) in Washington. Later that year, he was appointed an alternate executive director of the IMF, before becoming an executive director — and an executive board member — in 2013.

Al-Shathri holds a bachelor’s degree in accounting from King Saud University and a master’s degree in economics from King Saud University in Riyadh. He received his Ph.D. in public finance from Lehigh University, in Bethlehem, Pennsylvania. He has written analytical columns for several Saudi publications on issues related to the US, Saudi Arabia and other Gulf Cooperation Council states.

Earlier this month, Al-Shathri attended the inauguration ceremony for First Abu Dhabi Bank’s (FAB’s) new Riyadh Branch, along with several other officials, including Dr. Ahmed Abdulkarim Alkholifey, governor of SAMA; Khaldoon Khalifa Al-Mubarak, chairman of FAB’s board executive committee; Jassim Mohammed Al-Siddiqi, chairman of FAB’s board audit committee; and other members of the bank’s leadership team.

The opening of FAB’s Riyadh Branch is expected to further strengthen commercial ties between the UAE and Saudi Arabia.


Worshippers flock to reopened Prophet’s Mosque for Friday prayers

Updated 24 min 45 sec ago

Worshippers flock to reopened Prophet’s Mosque for Friday prayers

MADINAH: Hundreds of thousands of worshippers attended the first Friday prayers to be held at the Prophet’s Mosque in Madinah since the gatherings were suspended to stop the spread of the coronavirus disease (COVID-19) outbreak.

The green light for the resumption of the prayer meetings came as part of a plan to gradually reopen the Kingdom’s mosques while ensuring worshippers and visitors adhered to preventive measures.

A ban on access to the Rawdah remained in place and only groups of worshippers numbering up to a maximum of 40 percent of the mosque’s capacity were being allowed entry.

Precautionary measures also included the allocation of specific doors for the entry of worshippers, the installation of thermal cameras, removal of all carpets so that prayers could be performed on the marble, sanitization of the mosque’s floors and courtyards, periodic opening of domes and canopies to ventilate the mosque, and the removal of Zamzam water containers.

The Prophet’s Mosque in Madinah will be closed after evening prayers and reopened one hour before dawn prayers. Parking lots will operate at 50 percent capacity and a media awareness campaign has been launched to highlight safety procedures at the holy site.

Medical teams have also been stationed at the main entrances to the mosque in cooperation with the Ministry of Health.

Elsewhere in the Kingdom, worshippers also flocked to perform Friday prayers at mosques amid strict health measures.

On May 31, Saudi authorities reopened all mosques for prayers, except in Makkah, as part of the Kingdom’s plan for a gradual return to normal life.

Last week the minister of Islamic affairs, dawah and guidance said that the country’s mosques were ready to welcome back worshippers, following his field trips to check that necessary preparations had been made.

All worshippers must still maintain a distance of 2 meters between rows, wear masks to enter a mosque, and Friday sermons and prayers have been limited to a maximum of 15 minutes.