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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 Leadership Offers Condolences to King of Morocco over Victims of Floods in Safi

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)
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Saudi Leadership Offers Condolences to King of Morocco over Victims of Floods in Safi

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud sent on Monday a cable of condolences to King of Morocco Mohammed VI over the victims of the heavy rains and floods that struck the city of Safi.

King Salman extended his deepest condolences and sincere sympathy to the King of Morocco, the families of the deceased, and the Moroccan people, wishing the injured a speedy recovery.

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, sent a similar cable to the Moroccan leader.

Gulf

Saudi Crown Prince Holds Talks with Sudan's Al-Burhan in Riyadh

Saudi Crown Prince meets with Sudan's Abdel Fattah Al-Burhan in Riyadh - SPA
Saudi Crown Prince meets with Sudan's Abdel Fattah Al-Burhan in Riyadh - SPA
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Saudi Crown Prince Holds Talks with Sudan's Al-Burhan in Riyadh

Saudi Crown Prince meets with Sudan's Abdel Fattah Al-Burhan in Riyadh - SPA
Saudi Crown Prince meets with Sudan's Abdel Fattah Al-Burhan in Riyadh - SPA

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, met on Monday at his office in Al-Yamamah Palace in Riyadh with President of the Transitional Sovereignty Council of the Republic of the Sudan Abdel Fattah Al-Burhan and his accompanying delegation.

During the meeting, they reviewed the latest developments in the Republic of the Sudan, their implications, and the efforts being made to achieve security and stability, SPA reported.

The meeting was attended by Minister of Defense Prince Khalid bin Salman bin Abdulaziz, Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah, Minister of State, Cabinet Member, and National Security Advisor Dr. Musaed Al-Aiban, Minister of Finance Mohammed Aljadaan, and Saudi Ambassador to Sudan Ali bin Hassan Jafar.

Gulf

President of Sudan's Transitional Sovereignty Council Arrives in Riyadh

President of Sudan's Transitional Sovereignty Council arrives in Riyadh. (SPA)
President of Sudan's Transitional Sovereignty Council arrives in Riyadh. (SPA)
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President of Sudan's Transitional Sovereignty Council Arrives in Riyadh

President of Sudan's Transitional Sovereignty Council arrives in Riyadh. (SPA)
President of Sudan's Transitional Sovereignty Council arrives in Riyadh. (SPA)

President of the Transitional Sovereignty Council of the Republic of the Sudan Abdel Fattah Al-Burhan and his accompanying delegation arrived in Riyadh on Monday, the Saudi Press Agency said.

He was received at King Khalid International Airport by Deputy Governor of Riyadh Region Prince Mohammed bin Abdulrahman bin Abdulaziz and several other officials.