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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.
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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.

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World

UK Foreign Minister to Meet Rubio amid Tensions over Joint Air Base

British Foreign Secretary Yvette Cooper, president of the United Nations Security Council for February speaks during a press conference before the Security Council meeting, at UN headquarters in New York City, US, February 19, 2026. REUTERS/Jeenah Moon
British Foreign Secretary Yvette Cooper, president of the United Nations Security Council for February speaks during a press conference before the Security Council meeting, at UN headquarters in New York City, US, February 19, 2026. REUTERS/Jeenah Moon
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UK Foreign Minister to Meet Rubio amid Tensions over Joint Air Base

British Foreign Secretary Yvette Cooper, president of the United Nations Security Council for February speaks during a press conference before the Security Council meeting, at UN headquarters in New York City, US, February 19, 2026. REUTERS/Jeenah Moon
British Foreign Secretary Yvette Cooper, president of the United Nations Security Council for February speaks during a press conference before the Security Council meeting, at UN headquarters in New York City, US, February 19, 2026. REUTERS/Jeenah Moon

Britain's foreign minister Yvette Cooper ‌will meet with US Secretary of State Marco Rubio on Friday, after President Donald Trump renewed his criticism of London for ceding sovereignty of ​the Chagos Islands, which is home to a US-UK air base.
Last year, British Prime Minister Keir Starmer agreed a deal to transfer sovereignty of the Indian Ocean islands to Mauritius, while keeping control of one - Diego Garcia - through a 99-year lease that preserved US operations at the base, Reuters said.
Washington last year gave its blessing to the agreement, but Trump has since ‌changed his mind ‌several times. In January, Trump described it ​as ‌an ⁠act ​of "great stupidity", ⁠but earlier this month said he understood the deal was the best Starmer could make, before then renewing his criticism this week.
Cooper is meeting Rubio to discuss defense and security issues in Washington as Trump also toughens his rhetoric on Iran, saying Tehran must make a deal over its nuclear program in the ⁠next 10 to 15 days, or "really bad ‌things" will happen.
The Diego Garcia ‌base has recently been used for ​operations in the Middle East against ‌Yemen's Houthis and in humanitarian aid to Gaza.
Although on Tuesday ‌Rubio's State Department said it backed the Chagos accord, the next day Trump said Britain was making a big mistake.
"DO NOT GIVE AWAY DIEGO GARCIA!" Trump wrote in a post on Truth Social, saying the ‌base could be called upon in any future military operation to "eradicate a potential attack" from ⁠Iran.
Under the ⁠conditions for using the joint base, Britain would need to agree in advance to any operations out of Diego Garcia.
On Thursday, Britain's The Times newspaper reported that Trump's latest criticism of the Chagos deal came because Britain was yet to give permission to use the bases for future strikes against Iran, owing to concerns they may breach international law.
Asked about The Times report, Britain's Ministry of Defence said on Thursday it does not comment on operational matters and that Britain supported ​the ongoing political process between ​the US and Iran.

Business

Lagarde Dampens ECB Exit Talk, Expects to Finish her Term

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde reacts during an address to the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, December 18, 2025. REUTERS/Heiko Becker/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde reacts during an address to the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, December 18, 2025. REUTERS/Heiko Becker/File Photo
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Lagarde Dampens ECB Exit Talk, Expects to Finish her Term

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde reacts during an address to the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, December 18, 2025. REUTERS/Heiko Becker/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde reacts during an address to the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, December 18, 2025. REUTERS/Heiko Becker/File Photo

European Central Bank President Christine Lagarde has attempted to calm speculation about her stepping down early that has called into question the central bank's separation from politics, telling the Wall Street Journal she expects to complete her term.

Lagarde's status as leader of Europe's most important financial institution
was plunged into doubt this week after the Financial Times reported she planned to leave her job ahead of next spring's French presidential election, giving outgoing leader
Emmanuel Macron a say in picking her successor.

In an interview with the WSJ on Thursday, Lagarde dampened speculation about an imminent exit but still left the door slightly ajar to the possibility that she might leave before the end of her contract in October 2027.

“When I look back at all these years, I ‌think that we have ‌accomplished a lot, that I have accomplished a lot,” she told the ‌paper. “We ⁠need to consolidate ⁠and make sure that this is really solid and reliable. So my baseline is that it will take until the end of my term.”

Reuters exclusively reported that Lagarde had sent a private message to fellow policymakers reassuring them that she was still concentrating on her job and that they would hear it from her, rather than the press, if she wanted to step down.

The ECB has said that Lagarde has not made a decision about the end of her term, but stopped short of denying the FT report.

Some analysts thought an ⁠early exit risked tangling the ECB up in European politics as it could ‌give the impression of trying to make sure France's eurosceptic far ‌right, which could win next year's presidential vote, had no say in her succession.

Lagarde said last year she intended ‌to complete her term, a commitment she has conspicuously failed to repeat this week.

Bank of France Governor Francois ‌Villeroy de Galhau announced plans to step down from his job last week, in a move that gives President Macron a chance to pick the next French central bank chief, drawing sharp criticism from the far-right who called the move anti-democratic.

Villeroy's early departure and the confusion about Lagarde's future come just as US President Donald Trump is attacking the Federal Reserve, ‌further stoking debates about central bank independence from politics.

"After the recent events in the US, this is another reminder that although central banks are nominally ⁠independent, who leads them and ⁠their worldview is a matter for high politics," economists at Oxford Economics wrote on Friday.

As the head of the euro zone's second largest economy, the French president plays an important role in wider negotiations to select the head of the ECB.

Polls show either far-right National Rally leader Marine Le Pen, or her protege Jordan Bardella, could win the French presidency.

While the party has long dropped a call for France to leave the euro, it is still seen as something of an unknown quantity in central banking circles.

According to Reuters, Lagarde told the WSJ that she viewed her mission as price and financial stability, as well as "protecting the euro, making sure that it is solid and strong and fit for the future of Europe."

She also said that the World Economic Forum was "one of the many options" she was considering once she left the central bank.

When Lagarde's name first emerged as a possible candidate for ECB president in 2019, she said she had no interest in the job and would not leave the International Monetary Fund, where she was the managing director.

Arab World

UN Says It Risks Halting Somalia Aid Due to Funding Cuts 

A Somali trader marks watermelons for sale at an open-air grocery market as Muslims start the fasting month of Ramadan, the holiest month in the Islamic calendar, within Bakara market in Mogadishu, Somalia, February 18, 2026. (Reuters)
A Somali trader marks watermelons for sale at an open-air grocery market as Muslims start the fasting month of Ramadan, the holiest month in the Islamic calendar, within Bakara market in Mogadishu, Somalia, February 18, 2026. (Reuters)
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UN Says It Risks Halting Somalia Aid Due to Funding Cuts 

A Somali trader marks watermelons for sale at an open-air grocery market as Muslims start the fasting month of Ramadan, the holiest month in the Islamic calendar, within Bakara market in Mogadishu, Somalia, February 18, 2026. (Reuters)
A Somali trader marks watermelons for sale at an open-air grocery market as Muslims start the fasting month of Ramadan, the holiest month in the Islamic calendar, within Bakara market in Mogadishu, Somalia, February 18, 2026. (Reuters)

The UN's World Food Program (WFP) warned Friday it would have to stop humanitarian assistance in Somalia by April if it did not receive new funding.

The Rome-based agency said it had already been forced to reduce the number of people receiving emergency food assistance from 2.2 million in early 2025 to just over 600,000 today.

"Without immediate funding, WFP will be forced to halt humanitarian assistance by April," it said in a statement.

In early January, the United States suspended aid to Somalia over reports of theft and government interference, following the destruction of a US-funded WFP warehouse in the capital Mogadishu's port.

The US announced a resumption of WFP food distribution on January 29.

However, all UN agencies have warned of serious funding shortfalls since Washington began slashing aid across the world following President Donald Trump's return to the White House last year.

"The situation is deteriorating at an alarming rate," said Ross Smith, WFP Director of Emergency Preparedness and Response, in Friday's statement.

"Families have lost everything, and many are already being pushed to the brink. Without immediate emergency food support, conditions will worsen quickly.

"We are at the cusp of a decisive moment; without urgent action, we may be unable to reach the most vulnerable in time, most of them women and children."

Some 4.4 million people in Somalia are facing crisis-levels of food insecurity, according to the WFP, the largest humanitarian agency in the country.

The Horn of Africa country has been plagued by conflict and also suffered two consecutive failed rainy seasons.