Saudi Candidate for WTO to Redevelop Mechanisms of Work Method

Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)
Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)
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Saudi Candidate for WTO to Redevelop Mechanisms of Work Method

Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)
Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) Mohammed al-Tuwaijiri presented development and reform visions (Asharq Al-Awsat)

The working program of Saudi Arabia’s candidate to the post of Director-General of the World Trade Organization (WTO) aims at redeveloping the international body’s mechanisms of the work method, said Saudi officials on Saturday.

Advisor at the Royal Court Mohammed bin Mazyad al-Tuwaijiri arrived in Geneva last week to take part in the meetings of the WTO general council, and he presented his vision and working program before the representatives of the WTO member states and answered their questions on Friday.

Governor of KSA’s General Authority for Foreign Trade Abdulrahman al-Harbi said Tuwaijiri has addressed the problems and challenges facing the organization.

“He discussed its main tasks of negotiations, dispute settlement, notifications, and transparency,” Harbi noted, indicating that these points affirm the candidate’s approach to redevelop the organization’s work mechanisms.

Commenting on the trade challenges among various countries, Harbi said the organization, with its mechanism and work methodology, lacks an analysis of root problems.

He pointed to Tuwaijiri’s call to bolster communication and political support by member states and proposal to hold the ministerial conference annually instead of every two years.

According to Harbi, this would enable progress to be made in the organization’s achievements and cooperation with other international bodies.

The Kingdom’s candidate tackled the most prominent topics in the WTO, Harbi stressed.

“These include the challenges facing developing and least developed countries, the negotiation mechanism and dispute settlement bodies, as well as the challenges caused by the imbalance in the organization's methodology of work.”

The program presented has focused on two main aspects. The first is resolving the current challenges by restructuring the organization’s work mechanism so that it can function normally. And the second is not to neglect some quick wins in some of the organization’s existing issues and negotiations.

Saudi Arabia’s Deputy Permanent Representative to the United Nations Dr. Khalid Manzalawi, for his part, said the Kingdom’s candidacy to preside the WTO comes in line with its efficiency in leading the world’s largest economies in its role as president of the G20 for 2020.

Tuwaijri holds an MBA with honors from King Saud University in business management.

He served in several important positions in the Kingdom, notably minister of economy and planning. He also served as a member of cabinet and a member of the economic and development affairs council from 2017 to 2020.

He also served as deputy minister of economy and planning, secretary-general of the financial committee at the Royal Court from 2016 to 2017. He was also vice president of the national development fun and president of the National Transformation Program. He also played a role in forming strategic partnerships in several countries.

Tuwaijri was also president of the National Privatization Program and is member of the board of Saudi Aramco and the Public Investment Fund. From 2007 to 2010, Tuwaijri was CEO of JP Morgan Saudi Arabia. He moved to HSBC, where he worked in various roles, including CEO of global banking and markets, regional head of service management, and group vice president and CEO of HSBC MENA and Turkey.



Saudi Role Pivotal as Syria Hosts Investment Forum in Damascus

The Syria-Saudi Investment Forum in Damascus (SANA) 
The Syria-Saudi Investment Forum in Damascus (SANA) 
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Saudi Role Pivotal as Syria Hosts Investment Forum in Damascus

The Syria-Saudi Investment Forum in Damascus (SANA) 
The Syria-Saudi Investment Forum in Damascus (SANA) 

In a symbolic and strategic move, Syria and Saudi Arabia took a major step toward deepening economic ties this week with the launch of the Syrian-Saudi Investment Forum 2025, held at the People’s Palace in Damascus. The event brought together top officials from both countries, including Syrian President Ahmad Al-Sharaa and Saudi Minister of Investment Khalid Al-Falih, along with over 120 Saudi investors and business leaders.

The forum marks the most significant Saudi economic delegation to visit Syria in over a decade, and comes amid a broader push by Damascus to attract regional and international investment to rebuild the war-torn country.

Speaking to Asharq Al-Awsat, Osama Qadi, Senior Advisor to Syria’s Ministry of Economy and Industry, described the forum as a turning point.

“Saudi Arabia is helping to write a new chapter in Syria’s economic history,” he said. “The Kingdom is not only a political and security partner, it will be remembered as the driving force behind what could become Syria’s economic miracle.”

Qadi said Saudi Arabia’s presence signaled deep trust in Syria’s post-conflict potential. “This initial delegation of over 120 Saudi business leaders is just the beginning,” he noted. “Minister Al-Falih has committed to encouraging investment not only from the Kingdom but from countries across the globe.”

According to Qadi, Saudi investments send a powerful signal to the international business community that Syria is stable and open for investment.

“The presence of Saudi capital builds trust,” he said. “It shows that Syria is safe, serious about reform, and prepared to welcome global partnerships.”

He emphasized that the large-scale destruction resulting from years of conflict has created opportunities in reconstruction, particularly for real estate developers, contractors, and urban planners.

In this context, he said: “The ruins can be rebuilt into a modern Syria... Before 2011, Syria already had widespread informal housing. Now, we have the opportunity to design cities with green spaces, modern infrastructure, and sustainable architecture - all while preserving local heritage.”

Qadi added that the Syrian government sees this as a chance to rebuild in line with global standards.

“Together with our partners, we can build a Syria of 2025, with smart cities, environmentally friendly construction, and livable communities for the next generation,” he underlined.

The timing of the forum, he noted, sends a strong political message to skeptics.

“Even as some areas of the country, like Sweida, remain unstable and US lawmakers debate the future of the Caesar Act sanctions, this forum shows that serious investors believe in Syria’s future,” he remarked.

Qadi expressed hope that Saudi engagement would trigger a ripple effect, saying: “Together with the Kingdom, we can attract the largest number of investors, companies, and projects. This will create jobs and help Syria become one of the region’s most attractive investment destinations.”

At a press conference Wednesday night, Syrian Minister of Information Hamza Al-Mustafa officially launched the forum under the auspices of the Supreme Council for Economic Development and in partnership with the Syrian Investment Agency. Al-Mustafa praised Saudi Arabia’s role as “a key player in the Arab regional order and a very important global actor.”

He also highlighted the strong historical and cultural ties between the two countries.

“Saudi Arabia holds a special place in the hearts of all Syrians. That’s why President Al-Sharaa’s first official visit abroad was to Riyadh. Syria received a warm welcome and a clear signal of Saudi commitment to our recovery,” the minister stated.

Al-Mustafa further said the forum reflects Syria’s readiness to turn the page.

“After decades of authoritarian rule and economic stagnation, Damascus is now presenting itself as a serious opportunity for investors. The soil is fertile, the environment is right, and we welcome all those who want to be part of Syria’s renewal,” he affirmed.