Meet Fahad Toonsi, Secretary-General of the Saudi Secretariat for the G20

Dr. Fahad bin Abdullah Toonsi.
Dr. Fahad bin Abdullah Toonsi.
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Meet Fahad Toonsi, Secretary-General of the Saudi Secretariat for the G20

Dr. Fahad bin Abdullah Toonsi.
Dr. Fahad bin Abdullah Toonsi.

Dr. Fahad bin Abdullah Toonsi was chosen as secretary-general of the Saudi Secretariat for the G20 for his prestigious career in the Royal Court.

Coming from a background in economy, management and engineering, he has been tasked with organizing the G20 in Saudi Arabia, the world’s premier economic event that brings together the leaders of the globe’s top economies.

Toonsi has been an adviser at the Royal Court since December 2018. His appointment as secretary-general did not come out of the blue, but it is based on his experience in overseeing the implementation of various initiatives and programs that are part of the Kingdom’s Vision 2030.

In 2011, he graduated with a bachelor’s in production engineering and mechanical systems design from the College of Engineering at King Abdul Aziz University. He then earned a master’s degree in international business management from London’s prestigious King’s College. He obtained a doctorate in financial economics and corporate governance from the same university in 2008.

Toonsi has presented several researches and studies on global governance. One tackled global governance in wake of the 2011 financial crisis and another in 2010 covered the application of governance systems in companies operating in the Middle East and North Africa. Toonsi has participated in numerous seminars and scientific conferences, including one on governance solutions held in the United States in 2014.

Toonsi has been the secretary-general of the Strategic Management Office of Vision 2030 and the secretary-general of the boards of directors for megaprojects which have been launched by the Kingdom’s Public Investment Fund: Qiddiya, Neom, AMAALA and the Red Sea Project.

From 2013 to 2015, Toonsi worked at the Saudi Crown Prince’s diwan as an advisor on governance in tackling affairs at councils and committees. He has been active in contributing to the development of projects chaired by Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, the MiSK Foundation and Ministry of Defense.

Toonsi’s work has not been limited to Saudi Arabia, but he has been involved as manager on international corporate governance projects in Egypt, the United Arab Emirates and Qatar.

Toonsi was the first to reveal Crown Prince Mohammed’s idea to develop a logo for Saudi Arabia’s presidency of the G20.

In February, he revealed that the general secretariat of the G20 had approached various global companies for the design and many proposals were rejected. He said that he then met with the Crown Prince to discuss what feature really represents Saudi Arabia and the idea to host a local competition in Saudi Arabia to come up with the design was born.

Ultimately, a design presented by Saudi Mohammed al-Hawas won and is now the G20 2020 logo. The logo features the al-Sadu, or an embroidery form common in the Arabian Peninsula.



«أكوا» تبرم عقوداً لتطوير محطات تخزين طاقة مع «السعودية لشراء الطاقة»

مقر مجموعة «أكوا» في العاصمة السعودية الرياض (الشرق الأوسط)
مقر مجموعة «أكوا» في العاصمة السعودية الرياض (الشرق الأوسط)
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«أكوا» تبرم عقوداً لتطوير محطات تخزين طاقة مع «السعودية لشراء الطاقة»

مقر مجموعة «أكوا» في العاصمة السعودية الرياض (الشرق الأوسط)
مقر مجموعة «أكوا» في العاصمة السعودية الرياض (الشرق الأوسط)

وقَّعت شركة «أكوا» اتفاقيات أنظمة تخزين الطاقة بتقنية البطاريات مع الشركة السعودية لشراء الطاقة، وذلك لتطوير وتنفيذ وتشغيل ثلاثة مشروعات مستقلة لتخزين الطاقة بتقنية البطاريات.

بحسب بيان نُشر على موقع السوق المالية السعودية، فإن المشروعات هي: الكهفة، وحضن، والموية، الواقعة في منطقتي حائل ومكة المكرمة بالمملكة.

وتبلغ القدرة الإنتاجية لكل مشروع 500 ميغاواط بسعة تخزينية تصل إلى 2000 ميغاواط/ ساعة، حيث تم توقيع الاتفاقيات بين الشركة السعودية لشراء الطاقة وشركات المشروع الممثلة في: شركة مشروع بريق لتخزين الطاقة، وشركة مشروع الموية الجديدة لتخزين الطاقة، وشركة إشعاع الجديدة لتخزين الطاقة.

وأوضحت الشركة أنه عند الإغلاق المالي، ستكون حصة «أكوا» في كل مشروع من المشروعات الثلاثة 34.9 في المائة، مشيرة إلى أن العقد يمتد لمدة 15 عاماً من تاريخ التشغيل التجاري لكل مشروع، ويتضمن عمليات تطوير وتمويل وبناء وامتلاك وتشغيل محطات التخزين.

وفيما يتعلق بقيمة العقود والأثر المالي، بيَّنت «أكوا» أنه سيتم تحديد القيمة النهائية للمشروعات، إضافة إلى توضيح الأثر المالي لاحقاً عند الإغلاق المالي لكل مشروع وبعد استيفاء الشروط المسبقة ذات الصلة، بما يعكس كامل التكاليف الاستثمارية.


«علي بابا» تقترح طرح أسهم في هونغ كونغ بقيمة 10.2 مليار دولار

زائر يسير أمام جناح شركة علي بابا خلال معرض الصين الدولي الثالث لسلاسل التوريد في المركز الدولي للمعارض في بكين (أ.ب)
زائر يسير أمام جناح شركة علي بابا خلال معرض الصين الدولي الثالث لسلاسل التوريد في المركز الدولي للمعارض في بكين (أ.ب)
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«علي بابا» تقترح طرح أسهم في هونغ كونغ بقيمة 10.2 مليار دولار

زائر يسير أمام جناح شركة علي بابا خلال معرض الصين الدولي الثالث لسلاسل التوريد في المركز الدولي للمعارض في بكين (أ.ب)
زائر يسير أمام جناح شركة علي بابا خلال معرض الصين الدولي الثالث لسلاسل التوريد في المركز الدولي للمعارض في بكين (أ.ب)

أعلنت شركة «علي بابا» الصينية يوم الأحد اقتراحها طرح أسهم جديدة في هونغ كونغ، بقيمة إجمالية تبلغ 80 مليار دولار هونغ كونغي، ما يعادل نحو 10.2 مليار دولار أميركي.

وقالت الشركة إن الصفقة ستكون أكبر طرح ثانوي أولي على الإطلاق لشركة مدرجة في هونغ كونغ، وأكبر طرح للأسهم بموجب «اللائحة إس» (Regulation S) على الإطلاق.

كما سيكون الطرح ثالث أكبر عملية بيع أسهم ثانوية أولية في العالم هذا العام، بعد «ألفابت» و«إنتل».

وأوضحت «علي بابا» أنها تعتزم استخدام 100 في المائة من صافي حصيلة الطرح للاستثمار في قدراتها المتكاملة في مجال الذكاء الاصطناعي، بما في ذلك توسيع بنيتها التحتية للذكاء الاصطناعي وتعزيزها.


Man City Boss Maresca Targets Next Rodri after Midfielder's Exit

16 August 2026, United Kingdom, Cardiff: Manchester City manager Enzo Maresca reacts on the touchline during the FA Community Shield soccer match between Arsenal and Manchester City, at Principality Stadium. Photo: Nick Potts/PA Wire/dpa
16 August 2026, United Kingdom, Cardiff: Manchester City manager Enzo Maresca reacts on the touchline during the FA Community Shield soccer match between Arsenal and Manchester City, at Principality Stadium. Photo: Nick Potts/PA Wire/dpa
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Man City Boss Maresca Targets Next Rodri after Midfielder's Exit

16 August 2026, United Kingdom, Cardiff: Manchester City manager Enzo Maresca reacts on the touchline during the FA Community Shield soccer match between Arsenal and Manchester City, at Principality Stadium. Photo: Nick Potts/PA Wire/dpa
16 August 2026, United Kingdom, Cardiff: Manchester City manager Enzo Maresca reacts on the touchline during the FA Community Shield soccer match between Arsenal and Manchester City, at Principality Stadium. Photo: Nick Potts/PA Wire/dpa

Manchester City manager Enzo Maresca said the club would look to find the next Rodri following the midfielder's departure to Barcelona, insisting City had repeatedly shown an ability to replace key players.

Rodri, 30, ended a seven-year spell at City on Tuesday, bringing to a close a trophy-laden stay that included four Premier League titles, the Champions League and two FA Cups.

"I'll try to find a new Rodri - it is what it is," Maresca told reporters on Saturday, a day ahead of City's Premier League opener against Bournemouth.

"Rodri, before he arrived here, he didn't win the Ballon d'Or, he didn't win the ⁠Champions League, he ⁠didn't win the Club World Cup. Then he joined the club and then he achieved many important things.

"Now the target for us is to try to find the new Rodri,” Reuters quoted him as saying.

Maresca acknowledged the Spain international would be difficult to replace but said City's recruitment history gave him confidence that a successor could emerge.

"When David ⁠Silva was here, everyone was worried – Kevin (De Bruyne) arrived. When Sergio Aguero was here, everyone was worried – Erling (Haaland) arrived. When Fernandinho left, Rodri arrived. It's just about this," he said.

"When they leave, you need to be good and recruit the next one."

Rodri, the 2024 Ballon d'Or winner and a member of Spain's European Championship-winning team, further enhanced his reputation by captaining his country to World Cup glory last month and being named player of the tournament.

His departure is among several notable changes during the close ⁠season as ⁠City continue to reshape their squad.

Maresca said he expected further transfer activity before the window closes but remained relaxed despite reports linking Omar Marmoush and Nico Gonzalez with moves away.

"We need to adapt and we don't want to keep players here that don't want to stay. The normal thing in transfer windows is that you have to wait because all the clubs try to keep players until the last week and then sell for more money," he said.

"It's normal. I'm not worried about that. When the transfer window closes and we have all the squad there, for sure it will be different."