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Abdulhamid Saeed Named New Governor of UAE Central Bank

Supplied, AAWSAT AR
Supplied, AAWSAT AR
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Abdulhamid Saeed Named New Governor of UAE Central Bank

Supplied, AAWSAT AR
Supplied, AAWSAT AR

UAE's President Sheikh Khalifa bin Zayed Al Nahyan issued a federal decree for 2020 appointing Abdulhamid Saeed as Governor of the Central Bank.

Saeed is replacing Mubarak Rashid al-Mansouri who has been at the helm of the institution since 2014.

He has more than 35 years of experience in the banking and financial services.

Saeed held key positions as a board member of the First Abu Dhabi Bank, the Abu Dhabi Developmental Holding Company, the Emirates Investment Authority, the Abu Dhabi Securities Exchange and Sky News Arabia.

He holds a Bachelor’s degree in Business Administration from the University of Arizona, US.

Earlier, he also served as a member of the Mubadala Investment Company’s Board Executive Committee and Audit, Risk and Compliance Committee.

The UAE’s monetary policy is closely linked to that of the US Federal Reserve due to a long-standing dirham currency peg to the dollar.

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Gulf

Saudi Crown Prince Meets with Chinese Foreign Minister

The Saudi Crown Prince met on Sunday with the Chinese Minister of Foreign Affairs in Riyadh. SPA
The Saudi Crown Prince met on Sunday with the Chinese Minister of Foreign Affairs in Riyadh. SPA
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Saudi Crown Prince Meets with Chinese Foreign Minister

The Saudi Crown Prince met on Sunday with the Chinese Minister of Foreign Affairs in Riyadh. SPA
The Saudi Crown Prince met on Sunday with the Chinese Minister of Foreign Affairs in Riyadh. SPA

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, met on Sunday with Chinese Minister of Foreign Affairs Wang Yi in Riyadh.

During the meeting, they reviewed relations and explored ways to develop them in a manner that serves the mutual interests of the two countries.

They also discussed recent developments in the region and the world.

The meeting was attended by Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah; Minister of State, Cabinet Member and National Security Advisor Musaed Al-Aiban; and Saudi Ambassador to China Abdulrahman Al-Harbi.

Attending from the Chinese side were Director-General of the Department of West Asian and North African Affairs at the Chinese Foreign Ministry Chen Weiqing and China’s Ambassador to the Kingdom Chang Hua.

Gulf

Saudi Arabia Condemns Sydney Terrorist Attack

This screen grab of UGC video taken on December 14, 2025 and received courtesy of Mike Ortiz shows beach-goers fleeing Bondi Beach after gunmen opened fire, in Sydney on December 14, 2025. (Photo by Mike Ortiz / UGC / AFP)
This screen grab of UGC video taken on December 14, 2025 and received courtesy of Mike Ortiz shows beach-goers fleeing Bondi Beach after gunmen opened fire, in Sydney on December 14, 2025. (Photo by Mike Ortiz / UGC / AFP)
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Saudi Arabia Condemns Sydney Terrorist Attack

This screen grab of UGC video taken on December 14, 2025 and received courtesy of Mike Ortiz shows beach-goers fleeing Bondi Beach after gunmen opened fire, in Sydney on December 14, 2025. (Photo by Mike Ortiz / UGC / AFP)
This screen grab of UGC video taken on December 14, 2025 and received courtesy of Mike Ortiz shows beach-goers fleeing Bondi Beach after gunmen opened fire, in Sydney on December 14, 2025. (Photo by Mike Ortiz / UGC / AFP)

Saudi Arabia condemned on Sunday the terrorist attack that took place in Sydney, Australia, which resulted in the death and injury of a number of people.

In a statement, the Ministry of Foreign Affairs said “the Kingdom affirms its stance against all forms of violence, terrorism, and extremism.”

“The Kingdom also expresses its sincere condolences to the families of the victims and to the government and people of Australia, and wishes a speedy recovery to the injured,” the statement added.

Gulf

Saudi Arabia Condemns Attack on UN Facility in Sudan

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT
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Saudi Arabia Condemns Attack on UN Facility in Sudan

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT

The Saudi Ministry of Foreign Affairs expresses the Kingdom's condemnation and denunciation of the attack on a United Nations compound in Kadugli, Sudan, SPA reported.

The Kingdom emphasized the necessity of an immediate cessation of hostilities, the preservation of Sudan's unity and institutions, and the imperative of providing protection for civilians and implementing the commitments made in the Jeddah Declaration (commitment to protect civilians in Sudan) on May 11, 2023.