Princess Reema bint Bandar bin Sultan, Saudi Arabia’s ambassador to the US

Princess Reema bint Bandar bin Sultan
Short Url
Updated 12 June 2020

Princess Reema bint Bandar bin Sultan, Saudi Arabia’s ambassador to the US

Princess Reema bint Bandar bin Sultan has been recommended for International Olympic Committee (IOC) membership.

Five candidates — three women and two men — have been nominated for membership by the IOC executive board, and their nominations will be approved on July 17 during the IOC session.

Princess Reema has been Saudi Arabia’s ambassador to the US since February 2019, and is the first female to hold the post. She attended George Washington University, where she graduated with a bachelor’s degree in museum studies.

In 2000, she co-founded Yibreen, a women’s gym. From 2007 until 2015, Princess Reema was CEO of Alfa International Company Limited - Harvey Nichols Riyadh, a multi-brand luxury retail company. In 2013, she founded Alf Khair, a social enterprise aimed at elevating the professional capital of Saudi women through a curriculum developed to enable financial self-sufficiency.

In 2016, Princess Reema left the private sector to begin a career in public service as vice president for women’s affairs at the Saudi General Sports Authority.

After a successful year, she was promoted to deputy of development and planning in January 2018. In October 2018, she was also appointed president of the Mass Participation Federation, making her the first woman to lead a multi-sports federation in the Kingdom, a role she occupied until her appointment as Saudi ambassador to the US.

Princess Reema has served as a member of the World Bank’s advisory council for the Women Entrepreneurs Finance Initiative since 2017. She has been a member of the Saudi Arabian Olympic Committee since 2017 and a member of the IOC Women in Sports Commission since 2018.


Tadawul index records highest close since July 2019 on Sunday

Updated 30 November 2020

Tadawul index records highest close since July 2019 on Sunday

  • Total trading reached $3.17 billion

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.2 percent, or 15 points, to end at 8,709 points on Sunday, the highest closing since July 2019.

Total trading reached SAR 11.9 billion ($3.17 billion), with the advance-decline ratio at 146:44.

SPIMACO rose 5.5 percent to SAR 43.05. The company signed a non-binding memorandum of understanding with German biopharmaceutical firm, CureVac, to provide COVID-19 vaccine in the Kingdom.

Electrical Industries closed 5.6 percent higher at SAR 24.26, as the firm completed the final phase of share buyback for SAR 7.2 million.

Naseej went limit up to close at SAR 33.

Oil giant Saudi Aramco fell 0.4 percent to SAR 35.75, while banking major Al Rajhi slipped 0.3 percent to SAR 74.

Blue chip SABIC edged down 0.3 percent to SAR 96.50.

Alandulas was the top decliner, shedding nearly 2 percent to SAR 21.08.

Powered by Argaam