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Al-Saif: From Engineering Saudi PIF’s Strategy to Investment Minister 

Saudi Arabia's newly-appointed Investment Minister Fahad Al-Saif. (PIF)
Saudi Arabia's newly-appointed Investment Minister Fahad Al-Saif. (PIF)
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Al-Saif: From Engineering Saudi PIF’s Strategy to Investment Minister 

Saudi Arabia's newly-appointed Investment Minister Fahad Al-Saif. (PIF)
Saudi Arabia's newly-appointed Investment Minister Fahad Al-Saif. (PIF)

Fahad Al-Saif has been appointed Minister of Investment of Saudi Arabia by royal order of Custodian of the Two Holy Mosques King Salman bin Abdulaziz, capping a career arc that brings financial expertise together with economic vision.

The appointment follows a pivotal tenure at the Saudi Public Investment Fund (PIF), where he helped shape the Kingdom’s overarching investment strategy and led global investment financing.

The move comes at a moment when efforts to attract foreign capital and deepen international partnerships are accelerating.

Drawing on deep experience in capital structuring, market and sustainability strategies, and the management of relationships with financial institutions and investors, Al-Saif is set to usher the Ministry of Investment into a new phase, one defined by the integration of strategic planning with smart financing to support the goals of Vision 2030.

At the PIF, Al-Saif served as Head of Global Investment Financing and previously led the General Department of Investment Strategy and Economic Studies.

Beyond his executive roles, Al-Saif has held a number of prominent board positions. He chaired the boards of Emaar Economic City and aircraft lessor AviLease, and served as a board member of the Saudi Insurance Authority, ACWA Power, the Saudi Real Estate Refinance Company, and the regional Voluntary Carbon Market Company. He also held the position of Vice Chairman of Bahri.

Al-Saif brings more than 20 years of experience across corporate banking, investment, and global banking services. He previously served as Chief Executive Officer and board member of the National Debt Management Center, acted as an adviser to the Minister of Finance, and founded the Public Debt Management Office at the Ministry of Finance.

His past board memberships include the National Center for Privatization, Gulf International Bank – Saudi Arabia, and the International Islamic Trade Finance Corporation.

Earlier in his career, Al-Saif spent several years in the banking sector, holding multiple positions at the Saudi First Bank and senior leadership roles at HSBC Saudi Arabia. He also led the initial public offering of the National Commercial Bank and served on the advisory committee of the Capital Market Authority.

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Gulf

King of Bahrain Assigns Crown Prince to Hold to Account Those who ‘Betrayed the Nation’

Bahrain’s King Hamad bin Isa Al Khalifa. (BNA)
Bahrain’s King Hamad bin Isa Al Khalifa. (BNA)
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King of Bahrain Assigns Crown Prince to Hold to Account Those who ‘Betrayed the Nation’

Bahrain’s King Hamad bin Isa Al Khalifa. (BNA)
Bahrain’s King Hamad bin Isa Al Khalifa. (BNA)

Bahrain’s King Hamad bin Isa Al Khalifa declared on Sunday that the state “will proceed firmly” in addressing the consequences of the US-Israeli war on Iran, including Tehran’s attacks on the Gulf.

As he received senior officials, King Hamad revealed that Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, has been assigned with implementing “comprehensive and decisive measures, including the introduction of programs to resolve any gaps that have been identified in the defense or economic sectors,” reported Bahrain’s state news agency BNA.

King Hamad directed the immediate launch “of the legal measures against those who have betrayed the nation or undermined its security and stability, alongside a review of cases relating to entitlement to Bahraini citizenship, with the appropriate legal procedures to be applied accordingly.”

“The situation remains sensitive and calls for steadfast adherence to national responsibility and the safeguarding of the homeland with no tolerance for negligence or dereliction of duty,” he warned.

“The nation deserves the utmost sacrifice,” he added, stressing that Bahrain “will remain committed to its positions advocating the resolution of crises through peaceful means and diplomatic efforts, in a manner that serves the interests of the peoples of the region and the world.”

King Hamad also expressed pride in the achievements of Crown Prince Salman bin Hamad in advancing government work and driving further development across various sectors.

Gulf

WFP Hails Saudi Support in Easing Suffering in Yemen

KSrelief has contributed more than US$300 million to improve food security in Yemen since 2020. (Local media)
KSrelief has contributed more than US$300 million to improve food security in Yemen since 2020. (Local media)
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WFP Hails Saudi Support in Easing Suffering in Yemen

KSrelief has contributed more than US$300 million to improve food security in Yemen since 2020. (Local media)
KSrelief has contributed more than US$300 million to improve food security in Yemen since 2020. (Local media)

As more than 17 million people across Yemen faced hunger in 2025, a US$25 million contribution from the King Salman Humanitarian Aid and Relief Centre (KSrelief) enabled the United Nations World Food Program (WFP) to deliver lifesaving food assistance and strengthen livelihoods for vulnerable families, said the WFP last week.

“The KSrelief funded project allowed WFP to provide emergency food assistance to over 43,000 families in some of the most food insecure areas of Dhale governorate and the West Coast,” it noted in a statement.

“In parallel, the contribution supported longer term recovery efforts in Hadramawt, al-Mahra and Socotra, helping 6,500 families strengthen their livelihoods through vocational training programs and asset creation.”

“Through the same project, 1,208 acres of agricultural land were rehabilitated, 38,360 meters of irrigation channels repaired, and 26 greenhouses constructed, boosting local food production and building resilience to increasingly severe weather conditions,” added the statement.

“KSrelief stepped up at a critical moment,” said Elkhidir Daloum, WFP Country Director in Yemen.

“Reaching nearly 50,000 families with either emergency food assistance or livelihood support is no small achievement. This partnership made a tangible difference in the lives of people facing severe needs.”

In 2025, Yemen recorded its highest levels of food insecurity, with 70 percent of families reporting they were unable to access adequate food in July.

KSrelief has been a valued partner in WFP’s efforts to improve food security in Yemen, contributing more than US$300 million since 2020.

Gulf

MWL Condemns Attack on UNIFIL in Southern Lebanon

A United Nations Interim Force in Lebanon (UNIFIL) ambulance crosses the Qasmiyeh bridge heading toward Sidon and Beirut. (AFP)
A United Nations Interim Force in Lebanon (UNIFIL) ambulance crosses the Qasmiyeh bridge heading toward Sidon and Beirut. (AFP)
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MWL Condemns Attack on UNIFIL in Southern Lebanon

A United Nations Interim Force in Lebanon (UNIFIL) ambulance crosses the Qasmiyeh bridge heading toward Sidon and Beirut. (AFP)
A United Nations Interim Force in Lebanon (UNIFIL) ambulance crosses the Qasmiyeh bridge heading toward Sidon and Beirut. (AFP)

The Muslim World League (MWL) condemned the attack targeting the French battalion of the United Nations Interim Force in Lebanon (UNIFIL) in southern Lebanon, reported the Saudi Press Agency on Sunday.

In a statement, MWL Secretary-General and Chairman of the Organization of Muslim Scholars Sheikh Dr. Mohammed Al-Issa reiterated the organization’s condemnation of attacks on UN agencies and their missions, as part of its broader rejection of all acts of violence and terrorism.

Al-Issa noted that the attack breaches international obligations concerning the safety and security of UN personnel.

He offered condolences to the victims and wished the injured a speedy recovery.

A UN peacekeeping force in southern Lebanon came under attack with small arms fire Saturday morning, leaving one French peacekeeper dead and three others wounded, two of them seriously, France's president and the force known as UNIFIL said.

Both President Emmanuel Macron and the UNIFIL force blamed Hezbollah, but the group denied involvement.

The attack near the southern Lebanese village of Ghandouriyeh came after a 10-day ceasefire went into effect at midnight Thursday between Israel and Hezbollah.