Mohammed Al–Tuwaijri, Saudi Arabia’s minister of economy and planning

Mohammed Al–Tuwaijri
Updated 24 May 2019
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Mohammed Al–Tuwaijri, Saudi Arabia’s minister of economy and planning

Mohammed Al–Tuwaijri has been Saudi Arabia’s minister of economy and planning since November 2017. He is also on the board of directors at Saudi Aramco, Saudi Railways Co., and Saudi Arabian Airlines.

Al-Tuwaijri holds a bachelor’s degree in aeronautics, acquired in 1980 from King Faisal Air Academy, and a master’s degree in business administration in finance from King Saud University. He began his career in 1988 as a pilot in the Royal Saudi Air Force. He took part in the Gulf War of 1991, winning multiple medals for his service.

He left the Air Force in 1993, changing careers to the banking sector. He joined the Saudi British Bank in 1995 as head of risk management. 

From 2007 to 2010, Al-Tuwaijri was CEO of J.P. Morgan Saudi Arabia. He moved to HSBC, where he worked in various roles, including CEO of global banking and markets, regional head of service management, and group vice president and CEO of HSBC MENA and Turkey.

Al-Tuwaijri was appointed vice minister at the Ministry of Economy and Planning in 2016 before becoming minister the following year. He is also the general secretary of the finance committee at the Royal Court, and chairman of the National Center for Privatization, the General Authority for Statistics, and the Center for Strategic Development.

Al-Tuwaijri will be attending the Peace to Prosperity conference —  which will discuss the Israel-Palestine peace plan — in Bahrain on June 25-26. Both Saudi Arabia and the UAE will be using the conference to encourage investment in the West Bank and Gaza Strip.


King Salman speaks to China’s Xi on the telephone

Updated 20 September 2019

King Salman speaks to China’s Xi on the telephone

  • Xi told King Salman that China condemned an attack on the country’s oil facilities
  • He also called on all parties to avoid taking steps that would escalate the situation

RIYADH: Saudi Arabia’s King Salman spoke to Chinese President Xi Jinping on Friday, Saudi Press Agency reported. 
Xi told King Salman that China condemned the attacks on Aramco oil facilities that took place on Sept. 14 and called on all parties to avoid taking steps that would escalate the situation. 

He added that the attack is a “serious violation of the security and stability of Saudi Arabia,” and that China stands with the Kingdom.

The Chinese president also thanked King Salman for the positive measures Saudi Arabia has taken to ensure the continuation of oil supplies.