Who’s Who: Abdullah bin Zaraa, head of Saudi executive office at IMF

Abdullah bin Zaraa
Abdullah bin Zaraa
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Updated 26 September 2021

Who’s Who: Abdullah bin Zaraa, head of Saudi executive office at IMF

Who’s Who: Abdullah bin Zaraa, head of Saudi executive office at IMF

Abdullah bin Zaraa was recently appointed as head of the Saudi executive office at the International Monetary Fund by Saudi Minister of Finance Mohammed Al-Jadaan.

Saudi Arabia’s executive office is a permanent member of the IMF’s executive board, where it represents the Kingdom independently.

Bin Zaraa was appointed due to his extensive experience and in-depth knowledge in a number of financial and investment fields, public debt management, credit and asset management, corporate finance, and banking.

He expressed his thanks and appreciation to the leadership and Al-Jadaan for their trust, which Bin Zaraa said was an incentive to make greater efforts to serve the country and strengthen the Kingdom’s regional and worldwide financial leadership.

Bin Zaraa was chief operating officer and CEO of the National Debt Management Center from March 2021 where he oversaw the entire debt portfolio in various currencies, maturities and debt repayments and oversaw the credit rating process. 

He also served as the head of operations and resources from September 2018 until June 2021, and the head of credit ratings and external relations from November 2017 until June 2021 at the debt management office.

He was a senior relationship manager of financial institutions at the Saudi British Bank. He also worked as an international brokerage manager at HSBC Saudi Arabia from March 2009 to September 2015. Bin Zaraa served as a head of GCC/MENA equity markets at SABB from January 2008 to February 2009.

He received a master’s degree in business and management, specializing in finance, from the University of Plymouth, England, in 2014.


High gun sales at Riyadh hunting exhibition

High gun sales at Riyadh hunting exhibition
Updated 29 sec ago

High gun sales at Riyadh hunting exhibition

High gun sales at Riyadh hunting exhibition

RIYADH: A manager of a gun company participating in the Saudi International Falcons and Hunting Exhibition in Riyadh claimed to have sold around 75 percent of his display stock during the event.
The Weapons Pavilion proved a popular draw for visitors, and the manager in question, Yousef Al-Swailem, said that he had sold out of six of the nine pistol models he was displaying, adding that both men and women had been buying small arms at the exhibition.
Customers were mainly interested in guns with high performance and high levels of safety, he added, as well as accessories.
The third Saudi International Falcons and Hunting Exhibition opened at the headquarters of the Saudi Falcons Club in Mulham, north of Riyadh.
The 10-day event, believed to be the largest of its kind in the world, includes pavilions devoted to hunting weapons, various species of falcons, the arts and family activities, along with shooting ranges, a Saudi village, and a digital museum. A host of accompanying events and a few surprises for visitors are also being organized.
Over the past few decades, falconers in Saudi Arabia have emerged as pioneers in breeding and preservation as the wider falconry industry has grown exponentially since its humble Bedouin beginnings.
The Kingdom has a rich historical heritage and tradition of falconry. A common companion of a Bedouin traveler across the Arabian deserts, hunting with falcons was an integral part of the land for thousands of years as they helped provide nourishment for the weary traveler by catching prey.


Saudi Arabia condemns attack targeting mosque in Afghanistan

Saudi Arabia condemns attack targeting mosque in Afghanistan
Updated 41 min 17 sec ago

Saudi Arabia condemns attack targeting mosque in Afghanistan

Saudi Arabia condemns attack targeting mosque in Afghanistan
  • Suicide bombers attacked the Shiite Fatimiya mosque in Kandahar
  • The mosque was packed with worshippers attending Friday prayers

RIYADH: Saudi Arabia strongly condemned an attack that targeted a mosque in southern Afghanistan, the foreign ministry said on Friday.

Suicide bombers attacked the Shiite Fatimiya mosque in Kandahar province, southern Afghanistan on Friday.

The mosque was packed with worshippers attending Friday prayers and the attack killed at least 47 people and wounded 70, a Taliban official said.

The ministry expressed the Kingdom's hope for stability in Afghanistan as soon as possible and stressed its support for the Afghan people.

It also reiterated the Kingdom's rejection of such criminal acts which are incompatible with all religious principles, morals, and human values.


Saudi Arabia’s role in empowering women highlighted

Saudi Arabia’s role in empowering women highlighted
Updated 43 min 56 sec ago

Saudi Arabia’s role in empowering women highlighted

Saudi Arabia’s role in empowering women highlighted
  • Dr. Al-Ahmadi noted that there is a great legislative movement in the Kingdom regarding women's rights

SAINT PETERSBURG: Saudi Arabia participated at the Third Euro-Asian Forum for Women's in Saint Petersburg to highlight critical economic roles. Saudi women played vital roles in entrepreneurship, leadership positions and participation in decision-making in the public and private sectors, and more.

Organized by the Federation Council of the Federal Assembly (the Senate) of the Russian Federation in cooperation with the Inter-Parliamentary Assembly of the CIS Member States. A delegation from the Saudi Shoura Council, headed by assistant-speaker Dr. Hanan bint Abdulrahim Al-Ahmadi, highlighted the Kingdom's role in empowering women and their essential role in society and their contribution in different fields.

The Forum, inaugurated in 2015, is the largest international platform uniting female leaders from all continents to discuss women's role in the modern world and work out new approaches to solving global problems.

Russian President, Vladimir Putin, attended the second day of the Forum. In his speech, he stressed that the Forum brings together women who are political leaders, entrepreneurs, and activists in the public sector from more than 100 countries worldwide, which is unbelievable in light of the current circumstances in the world today.

Putin underlined that due to women's great awareness of the value of life and their compassion, they have always had a special mission in the field of healthcare. He stressed his confidence that this will continue in the future and that women will have a role in developing the healthcare sector, medicine, and protecting public health, considering the lessons learned from the pandemic.

He also showed his gratitude to the world's doctors and healthcare workers for everything they do to fight COVID-19 in the whole world.

In her speech at the open session titled "The Group of Women in the Work of the G-20 Summit (W20), and the Role of Women in Restoring Stability," Dr. Al-Ahmadi praised Saudi Arabia's role in hosting the G20 meetings and G20 summit meetings, including the women's Group (W20) during a difficult time due to the onset of the COVID-19 pandemic.

She noted that empowering women is a journey that has no end and that all countries are working hard to reach and achieve their goals in women's empowerment.

Dr. Al-Ahmadi noted that there is a great legislative movement in the Kingdom regarding women's rights. It includes the issuance of a law related to fighting harassment, laws supporting women who provide for their families, and decisions that give them the ability to travel, such as the right to drive, in addition to many supportive and possible choices for women. She added that this was only possible with the great support of the Saudi leadership, emphasizing the critical legislative role of the Shoura Council in this great movement through its legislative, supervisory, and parliamentary functions.


Saudi Arabia issues royal decrees, appoints new health and Hajj ministers

Saudi Arabia issues royal decrees, appoints new health and Hajj ministers
Updated 55 min 29 sec ago

Saudi Arabia issues royal decrees, appoints new health and Hajj ministers

Saudi Arabia issues royal decrees, appoints new health and Hajj ministers
  • Tawfiq Al-Rabiah has been appointed the new minister of Hajj and Umrah
  • Fahd Al-Jalajel has been appointed as the Kingdom’s new health minister

RIYADH: Saudi Arabia issued a host of royal decrees on Friday including the appointment of new ministers for the health and Hajj and Umrah portfolios.

Former health minister Tawfiq Al-Rabiah has been appointed the new minister of Hajj and Umrah.

Fahd Al-Jalajel has been appointed as the Kingdom’s new health minister.

Abdul Aziz bin Abdulrahman Al-Arifi has been relieved of his post as assistant minister of transport and was appointed as an advisor to the General Secretariat of the Council of Ministers.

Lt. Gen. Mutlaq bin Salem Al-Azima has been promoted to the rank of general and was appointed commander of the joint forces.

A new authority for the development of the Saudi cities of Yanbu, Umluj, Al-Wajh, and Duba has been established.

 


Saudi Arabia announces 3 more COVID-19 deaths

Saudi Arabia announces 3 more COVID-19 deaths
Updated 15 October 2021

Saudi Arabia announces 3 more COVID-19 deaths

Saudi Arabia announces 3 more COVID-19 deaths
  • The total number of recoveries in the Kingdom has increased to 536,859
  • A total of 8,758 people have succumbed to the virus in the Kingdom so far

RIYADH: Saudi Arabia announced three deaths from COVID-19 and 48 new infections on Friday as the Kingdom prepares to loosen coronavirus restrictions on Sunday.

Of the new cases, 19 were recorded in Riyadh, eight in Jeddah, two in Al-Aridhah, and two in Jubail. Several other cities recorded one new case each.

The total number of recoveries in the Kingdom increased to 536,859 after 42 more patients recovered from the virus.

A total of 8,758 people have succumbed to the virus in the Kingdom so far.

Over 44.3 million doses of a coronavirus vaccine have been administered in the Kingdom to date.

As of Sunday, social distancing measures will be lifted and masks will no longer be mandatory in public open places. They will still be required in closed venues.

The two holy mosques will operate at full-capacity attendance but only those who are double-jabbed will be able to attend.

Curbs on fully vaccinated people at closed venues, gatherings, transportation, restaurants and cinemas will also be lifted.