Saudi Princess Lamia bint Majed, goodwill ambassador for the Arab world

Princess Lamia bint Majed
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Updated 13 February 2020

Saudi Princess Lamia bint Majed, goodwill ambassador for the Arab world

Princess Lamia bint Majed, secretary-general and a member of the board of trustees of Alwaleed Philanthropies, has been appointed as the first regional goodwill ambassador for the Arab world by the UN Human Settlements Program (UN-Habitat).

Her appointment came during a press conference held on the sidelines of the 10th session of the World Urban Forum in Abu Dhabi, UAE.

Princess Lamia will advocate for sustainable urbanization, helping UN-Habitat to address urban challenges in Arab states and advance sustainable urbanization as a driver of development and peace.

Princess Lamia has also worked as the secretary-general of Alwaleed Philanthropies since March 2016. She also worked as executive manager of media and communications at Alwaleed Philanthropies between 2014 and 2016. 

Princess Lamia has a bachelor’s degree in public relations, marketing and advertising from Misr International University in Cairo, Egypt.

In 2003, the princess founded Sada Al-Arab, a publishing company operating from Cairo, Beirut and Dubai. 

Princess Lamia also co-founded Media Codes Ltd. in Egypt and the Fortune Media Group in Lebanon and Saudi Arabia. 

She was editor in chief of Rotana magazine between 2004 and 2006. She held the same position at Mada magazine between 2002 and 2008. 

In 2017, she was awarded the prestigious Arab Women’s Award for her charitable work.

In 2019, Princess Lamia was appointed as a champion of Generation Unlimited, a global partnership that aims to boost the productivity of young people. Her Twitter handle is @lamia1507.


MoU signed to facilitate investment in Saudi Arabia

Updated 21 February 2020

MoU signed to facilitate investment in Saudi Arabia

RIYADH: The Saudi Arabian General Investment Authority (SAGIA) and the Diriyah Gate Development Authority (DGDA) signed a memorandum of understanding (MoU) to step up cooperation, the Saudi Press Agency reported on Thursday.

Under the MoU, the two authorities will establish a joint working group to boost cooperation in several areas including facilitation provided to investors, conducting economic studies of the market, building partnerships with commercial and industrial bodies and local companies, launching businesses, promoting the ease of doing business, providing logistic support, participating in local and international exhibitions, forums and special visits and exchanging knowledge and information.

All this will predominantly be in aid of attracting local and foreign investors. 

“SAGIA believes in the importance of such cooperation that can unify and multiply the efforts in a way that sets the world’s attention on the Kingdom’s cultural and heritage treasures and investment opportunities,” said SAGIA Gov. Ibrahim Al-Omar.

“This is done through close cooperation with DGDA to highlight these opportunities and market them internationally and locally. This MoU is a step in the right direction to achieve the objectives and directives of both bodies.”

Jerry Inzerillo, CEO of the DGDA, said: “Cooperating with SAGIA is one of the most important international investment motors to attract local and international investments to the Kingdom. This comes at a time where developing the Kingdom’s investment infrastructure is found within the objectives of its Vision 2030.

“At DGDA, we aim at attracting the best technologies and regional and international investments to the Kingdom. This will contribute to the improvement of the local economy and promote our objectives seeking to turn Diriyah into the Kingdom’s gem and an international economic tourist destination,” he added.