Makkah Governor to announce moderation award on Wednesday

Makkah Gov. Prince Khalid Al-Faisal will announce the winners at King Abdul Aziz University. (SPA)
Updated 18 September 2019

Makkah Governor to announce moderation award on Wednesday

JEDDAH: Makkah Gov. Prince Khalid Al-Faisal will announce the winners of the 2019 moderation award at a press conference at King Abdul Aziz University on Wednesday.

The award, in its third year, is considered one of the most important in promoting the values of moderation and combating extremism, both internally and externally.  

It is the first award in the field of moderation. It is a confirmation of the approach adopted by Saudi Arabia of moderate thought and shows the efforts of the Kingdom to fight extremist ideas and promote the values and applications of moderation.

The 2018 moderation award was presented to the secretary-general of the Muslim World League, Dr. Mohammed bin Abdul Karim Al-Issa, for his efforts in promoting moderation and highlighting the Saudi moderation approach in international forums.

The award aims to promote five key concepts in society: To highlight the true image of the Kingdom in the field of moderation, support efforts in the field of moderation, encourage initiatives promoting a culture of moderation, in addition to raising awareness about the importance of moderation in all areas of life and supporting and highlighting efforts of individuals, groups or bodies and institutions that aim to promote the concept of moderation.

The moderation award stems from the vision of Prince Khalid Al-Faisal, who has said: “No to extremism, no to takfir (pronouncement that someone is an unbeliever), no to Westernization, yes to moderation in thought, politics, economy and culture. It is Islam and civilization; it is the course of Saudi moderation.” SPA Jeddah


Moath Al-Naeem, chief investment officer of Alpha Capital

Updated 17 October 2019

Moath Al-Naeem, chief investment officer of Alpha Capital

Moath Al-Naeem has been chief investment officer of Alpha Capital since its establishment in March 2018.

Alpha Capital is a rapidly growing company licensed by the Capital Market Authority and with assets well above SR1 billion ($267 million).

Before joining the company, Al-Naeem worked for almost a decade in Saudi Aramco’s investment department, which handled the oil giant’s multibillion-dollar pension and savings plans.

Al-Naeem began his career as a financial analyst in fixed income and public equity desks. Afterwards, he led the international real estate desk, where he conducted an on-site investment review and due diligence on several funds to build the global real assets portfolio.

He worked on the restructuring of Aramco’s thrift savings plan and was part of a team that led the successful spin-off of the investment department to a standalone entity, Wisayah Investment Co.

Al-Naeem, a CFA charter holder, earned his MBA from Imperial College London, and attended executive programs in real estate and private equity at Harvard and London Business School, respectively.

He is a board member of Dammam Airport Co. and Siporex Lightweight Construction Co., and a member of the Investment and Financial Papers Committee at the Riyadh Chamber of Commerce and Industry. He was also a board member of the CFA Society in Saudi Arabia.