Dr. Badr Al-Bader, CEO of the Misk Foundation

Misk Foundation CEO Dr. Badr Al-Bader
Updated 23 July 2019

Dr. Badr Al-Bader, CEO of the Misk Foundation

Dr. Badr Al-Bader was appointed CEO of the Misk Foundation on Monday. 

The charity was founded in 2011 by Saudi Crown Prince Mohammed bin Salman to develop youths’ leadership skills, and to focus on education, technology, media and culture to empower society through knowledge according to the best international standards.

Al-Bader thanked the crown prince for his appointment as CEO, saying it is a huge responsibility.

Al-Bader received his bachelor’s degree in computer science from King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran, and holds a master’s and a Ph.D. in the same field from Washington University. 

He has participated in leadership programs at several universities such as Oxford, Cornell and George Washington.

Al-Bader has founded several companies, and was CEO of Dur Hospitality Co., where he led its transformation and launched its expansion strategy.

He was also managing director of CISCO Systems in Saudi Arabia for two years, before occupying the same role for Asia and Africa.

He was a member of a number of committees in chambers of commerce and industry, a member of the board of trustees of the Prince Salman Prize for Young Entrepreneurs, and a member of the advisory board of the faculty of business administration at King Faisal University, and of the faculty of information technology at KFUPM.


Saudi Arabia gives rental relief to municipal space investors

Updated 46 min 30 sec ago

Saudi Arabia gives rental relief to municipal space investors

  • The decision will help over 50,000 facilities deal with the economic effects of coronavirus
  • Minister of Municipal and Rural Affairs Majid bin Abdullah Al-Hogail thanked the two leaders

DUBAI: King Salman and Crown Prince Mohammed bin Salman have approved a plan to exempt investors in municipal spaces about 25 percent of rental fees, state news agency SPA has reported.
The decision will help over 50,000 facilities deal with the economic effects of coronavirus by relieving them off payments amounting to over $151.9 million, the report added.
Minister of Municipal and Rural Affairs Majid bin Abdullah Al-Hogail thanked the two leaders.
“I extend my sincere gratitude for the Custodian of the Holy Mosques for issuing the generous approval to exempt investors with municipalities by 25% of the rent of municipal real estate this year to mitigate the effects of the coronavirus pandemic, which contributes to creating an attractive investment environment with the municipalities,” he tweeted.

Saudi Arabia announced a further drop of daily coronavirus cases on Sunday, as the number of total infections grew by 403 to 317,005.