Waleed Al-Saadi, acting CEO of National Grid SA

Waleed Al-Saadi
Updated 25 August 2019

Waleed Al-Saadi, acting CEO of National Grid SA

Waleed Al-Saadi is the acting CEO of National Grid SA, which is owned by the Saudi Electricity Co. (SEC).

National Grid SA is responsible for operating and maintaining the electrical grid, continuing its stability to ensure the transmission of electric power to load centers across the Kingdom.

Al-Saadi was previously the vice president of the technical services business unit at National Grid SA from 2012. Before that, he was the department manager of a substation in Riyadh from 2005 to 2011.

He worked at the SEC for more than 24 years. Between 1995 and 2004, he worked in a transmission substation covering general maintenance. His responsibilities included fault investigation, maintenance planning and managing lab protection activities. 

He is a member of several technical organizations, such as the Saudi Council of Engineering, the Arab Institute of Operations and Maintenance and the International Council on Large Electric Systems (Cigre). 

Al-Saadi holds a bachelor’s degree in electrical engineering from King Saud University, Riyadh.

He has participated in several international conferences, covering power system protection development in the UK and Cigre meetings throughout the Middle East. 

Al-Saadi said that the company’s vision is to assist with Saudi Arabia’s Vision 2030 reform plan and the strategic transformation program of the SEC, which seeks to make the Kingdom a regional electricity interconnection hub between Asia and Africa.


Saudi anti-graft agency probes 105 corruption cases in different sectors

Updated 08 July 2020

Saudi anti-graft agency probes 105 corruption cases in different sectors

  • A Nazaha official said the Kingdom will continue to pursue cases of misappropriation of public money
  • The cases involved fraud, bribery, and financial and professional corruption

RIYADH: The Saudi Control and Anti-Corruption Authority (Nazaha) has initiated 105 corruption cases in the health, interior, power, and education sectors.
The cases involved fraud, bribery, and financial and professional corruption.
A Nazaha official said the Kingdom will continue to pursue cases of misappropriation of public money and harming state interests.
One of the cases involves the arrest of three employees working at the Saudi Electricity Co. for receiving a bribe amounting to €535,000 ($604,570) from a French company and opening bank accounts in another country (at the request of the company) for money laundering. Another case is the arrest of a university faculty member for asking for a bribe amounting to SR80,000 ($21,328) from a number of companies working on different projects at the university.
The authority also arrested a doctor at the Ministry of Health for violating the regulations at a quarantine facility.
A brigadier general was arrested for using his official vehicle to facilitate the passage of another private vehicle through security points during the curfew period.