Majed Al-Hugail Appointed CEO of Saudi Cultural Development Fund

A landmark is lit up in the colors of the national flag in Diriyah on the occasion of Saud National Day. (SPA file)
A landmark is lit up in the colors of the national flag in Diriyah on the occasion of Saud National Day. (SPA file)
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Majed Al-Hugail Appointed CEO of Saudi Cultural Development Fund

A landmark is lit up in the colors of the national flag in Diriyah on the occasion of Saud National Day. (SPA file)
A landmark is lit up in the colors of the national flag in Diriyah on the occasion of Saud National Day. (SPA file)

The board of directors of the Cultural Development Fund (CDF), chaired by Minister of Culture Prince Badr bin Abdullah bin Farhan Al Saud, appointed Majed bin Abdulmohsen Al-Hugail as CDF’s new chief executive officer (CEO) effective June 1, reported the Saudi Press Agency on Wednesday.

With his expertise, Al-Hugail is set to lead the fund, continuing its growth, fostering the cultural sector’s development and sustainability, and boosting its economic and social impact.

Al-Hugail has extensive leadership experience in the financial, cultural, and public sectors. His distinguished career includes several key roles, most recently as general supervisor of the Ministry of Culture vice minister’s executive office and Saudi Awwal Bank (SAB) head of the private sector.

Al-Hugail holds a master's degree in business administration from London Business School, a board director diploma from the International Institute for Management Development (IMD) in Lausanne, and a bachelor's degree in management from King Fahd University of Petroleum and Minerals.

He succeeds Mohammed Bin Dayel, who led the fund for three years, during which CDF devoted its efforts to developing and advancing the cultural sector.

The CDF was founded in 2021 to further boost the cultural landscape within Saudi Arabia. It is organizationally linked to the National Development Fund to promote the development of a self-reliant cultural sector. The CDF supports various cultural activities and projects, facilitates investment, and seeks to improve the domestic cultural sector's profitability in alignment with the National Culture Strategy and Saudi Vision 2030.



World Camel Day: Tabuk Camels Symbolize Authenticity and Heritage

Photo by SPA
Photo by SPA
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World Camel Day: Tabuk Camels Symbolize Authenticity and Heritage

Photo by SPA
Photo by SPA

In Saudi Arabia, camels receive devoted attention and care from the government, the Saudi Press Agency reported. With a deep connection to the history and life of the Saudi people since ancient times, camels symbolize tradition, and the government harnesses all resources to preserve and nurture them.
The UN declared June 22 the World Camel Day in recognition of the historical significance of camels which ensure food security with their products of great nutritional value. The year 2024 has been designated by the UN as the International Year of Camelids.
Saudi Arabia participates in the preservation and safeguarding of camels, further solidifying the country's civilizational, historical, and cultural identity.
Tabuk, like other regions in the Kingdom, cares for this national resource.
Founded in 1407 AH, this field is renowned for organizing seasonal races and official celebrations of Arabian camels in the Kingdom. It accommodates over 900 stables and more than 10,000 camels raised to take part in winter and summer races and for breeding purposes.