Kuwait’s Al-Ghais Takes Role as OPEC Secretary General

Haitham Al-Ghais (Asharq Al-Awsat)
Haitham Al-Ghais (Asharq Al-Awsat)
TT

Kuwait’s Al-Ghais Takes Role as OPEC Secretary General

Haitham Al-Ghais (Asharq Al-Awsat)
Haitham Al-Ghais (Asharq Al-Awsat)

Kuwait’s Haitham Al-Ghais assumed on Monday his new role as Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), following the late outgoing chief, Mohammad Barkindo.

Al-Ghais affirmed his determination to work for the advancement of the international organization, especially considering the concerns surrounding the global energy market.

In an interview with KUNA on Sunday, Al-Ghais affirmed that he has aspirations and ideas that he will present in coordination with all OPEC member states.

Al-Ghais said that his ideas are aimed at advancing the organization and facing future challenges, the most important of which is maintaining the balance and stability of oil markets.

Al-Ghais is the first Kuwaiti to hold the position of OPEC chief, having been elected by acclamation for a three-year term.

He said the unanimous selection of him by OPEC’s 13 member countries reflects Kuwait’s position and comes as a result of hard and determined work spearheaded by the Deputy Prime Minister, Minister of Oil, and Minister of State for Council Affairs Dr. Muhammad Al-Fares.

Al-Ghais has extensive experience extending over nearly 30 years in the field of global oil markets and the oil industry and has a wide presence and participation in many international oil conferences and forums.

Furthermore, Al-Ghais assumed the position of Governor of Kuwait with OPEC (2017-2021) and chaired the joint technical committee between the organization and countries outside it, which is responsible for monitoring production and studying the conditions of oil markets according to the production reduction agreement signed between the countries contributing to the (OPEC+) agreement.

After he stepped down as Kuwait’s OPEC governor in June 2021 he was appointed as Deputy Director of International Marketing at the state-owned Kuwait Petroleum Corporation (KPC).

Moreover, he headed the OPEC Internal Audit Committee, and he has various contributions within the organization, as well as at the level of the organization’s board of governors, various committees, special works and cooperation with countries outside OPEC.

Also, prior to his participation and contributions in OPEC, he was included in the global marketing sector of the KPC in various sales departments, and headed the regional offices of the Corporation in Beijing and London, and was the Director of the Research Department of the Petroleum Corporation and Deputy Managing Director of Global Marketing.



Global Corporate Social Responsibility Forum to Kick off in Riyadh on Monday

A view of the Saudi capital Riyadh. (Getty Images)
A view of the Saudi capital Riyadh. (Getty Images)
TT

Global Corporate Social Responsibility Forum to Kick off in Riyadh on Monday

A view of the Saudi capital Riyadh. (Getty Images)
A view of the Saudi capital Riyadh. (Getty Images)

The Saudi Ministry of Human Resources and Social Development will hold in Riyadh on Monday the inaugural Global Corporate Social Responsibility (CSR) Forum under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.

The event, held under the theme "From Commitment to Impact", aligns with the Saudi Vision 2030 and the ministry's strategy to promote social responsibility by driving the Kingdom's development and building economic partnerships to foster a vibrant and collaborative society.

The forum will feature an extensive program that showcases local and international success stories, fosters communication among participants, and facilitates the exchange of insight and expertise in adopting sustainable policies globally.

Over 40 panel discussions led by more than 100 experts from 60 countries are planned during the forum. Participants include local and international ministers, private sector CEOs, experts, specialists, and decision makers.

Discussions will focus on the role social responsibility plays in aligning business strategies with the Saudi Vision 2030, global sustainability, and the role of modern technology toward reaching set goals.

The sessions will cover the use of AI to enable social responsibility and digital transformation, social responsibility in the industrial and financial sectors, corporate social responsibility initiatives that support the business environment and smart cities, and boost the global impact of corporate social responsibility.

The two-day forum will underscore Saudi Arabia's rising international status as one of the world's largest and fastest-growing economies.

According to the Global Competitiveness Report, Saudi Arabia ranks 16th globally in social responsibility, which makes it a leader in addressing global challenges.