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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)
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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.

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Australia Bans Uranium Mining at Indigenous Site

A view shows a sign at the Energy Resources Australia (ERA) Ranger Project Area in Kakadu National Park, a UNESCO World Heritage Site, Northern Territory, Australia, July 11, 2024. (Reuters)
A view shows a sign at the Energy Resources Australia (ERA) Ranger Project Area in Kakadu National Park, a UNESCO World Heritage Site, Northern Territory, Australia, July 11, 2024. (Reuters)
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Australia Bans Uranium Mining at Indigenous Site

A view shows a sign at the Energy Resources Australia (ERA) Ranger Project Area in Kakadu National Park, a UNESCO World Heritage Site, Northern Territory, Australia, July 11, 2024. (Reuters)
A view shows a sign at the Energy Resources Australia (ERA) Ranger Project Area in Kakadu National Park, a UNESCO World Heritage Site, Northern Territory, Australia, July 11, 2024. (Reuters)

Australia moved Saturday to ban mining at one of the world's largest high-grade uranium deposits, highlighting the site's "enduring connection" to Indigenous Australians.

The Jabiluka deposit in northern Australia is surrounded by the heritage-listed Kakadu national park, a tropical expanse of gorges and waterfalls featured in the first "Crocodile Dundee" film.

Prime Minister Anthony Albanese said the national park would be extended to include the Jabiluka site -- which has never been mined -- honoring the decades-long desires of the Mirrar people.

"They were seeking a guarantee that there would never be uranium mining on their land," Albanese told a crowd of Labor Party supporters in Sydney.

"This means there will never be mining at Jabiluka," he added.

Archaeologists discovered a buried trove of stone axes and tools near the Jabiluka site in 2017, which they dated at tens of thousands of years old.

The find was "proof of the extraordinary and enduring connection Aboriginal and Torres Strait Islander have had with our land", Albanese said.

"The Mirrar people have loved and cared for their land for more than 60,000 years.

"That beautiful part of Australia is home to some of the oldest rock art in the world," he added.

Discovered in the early 1970s, efforts to exploit the Jabiluka deposit have for decades been tied-up in legal wrangling between Indigenous custodians and mining companies.

It is one of the world's largest unexploited high-grade uranium deposits, according to the World Nuclear Association.

Rio Tinto-controlled company Energy Resources of Australia previously held mining leases at Jabiluka.

The conservation of Indigenous sites has come under intense scrutiny in Australia after mining company Rio Tinto blew up the 46,000-year-old Juukan Gorge rock shelters in 2020.

Australia's conservative opposition has vowed to build nuclear power plants across the country if it wins the next election, overturning a 26-year nuclear ban.