Zain KSA appoints new Chairman and Vice Chairman
Zain KSA, a telecommunications and digital services provider in Saudi Arabia, has announced the appointment of new leadership for its Board of Directors following elections held at the Ordinary General Assembly on April 24, 2025. The newly elected Board, serving a four-year term, has named Eng. Abdullah bin Fahad Al-Fares as Chairman and Bader Nasser Al-Kharafi as Vice Chairman.
Eng. Abdullah Al-Fares brings a wealth of experience in economic leadership and strategic transformation, with a strong background in both public and private sectors. Currently serving as Undersecretary for Strategy and Development at the Ministry of Industry and Mineral Resources, Al-Fares has previously held senior roles, including Chief Strategy Officer at a company under the Public Investment Fund and Deputy Governor for Strategy at the Small and Medium Enterprises General Authority. His academic background includes a Master's degree in Business Administration from Prince Sultan University and a Bachelor's degree in Electrical Engineering from King Saud University.
Bader Nasser Al-Kharafi, the newly appointed Vice Chairman, is a well-established figure in the ICT industry across the Middle East and Africa. He currently serves as Vice-Chairman and Group CEO of Zain Group and holds positions on the boards of several regional and international companies across the financial and industrial sectors. Notably, he is also the Chairman of the Board at Boursa Kuwait. Al-Kharafi earned his MBA from the London Business School and holds a Bachelor's degree in Mechanical Engineering from Kuwait University.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Tourism Breaking News
3 days ago
- Tourism Breaking News
Riyadh Air signs global distribution agreement with Amadeus in preparation for take-off
Post Views: 55 Riyadh Air has signed a global distribution agreement with Amadeus, a global technology provider for the travel industry. The strategic partnership will enable Riyadh Air access to one of the largest global networks of travel sellers, supporting the airline's ambitious growth plans and playing a key role in the Kingdom of Saudi Arabia's broader transformation agenda under Vision 2030. By joining the Amadeus Travel Platform, Riyadh Air will connect to travel agencies and sellers in more than 190 countries, ensuring that its offers are accessible to travelers worldwide. This will be instrumental in attracting inbound tourism, promoting Saudi Arabia as a compelling global destination, and helping position the Kingdom as a leading aviation and tourism hub. Vincent Coste, Chief Commercial Officer at Riyadh Air, commented, 'Our mission is to create a truly world-class airline that reflects the ambition of Saudi Arabia. Partnering with Amadeus gives us the global reach, distribution power, and retailing capabilities needed to support our goal of flying to over 100 destinations by 2030. This partnership is not only about enabling seamless travel experiences, but also about contributing to the broader national vision of economic diversification, tourism growth, and enhanced global connectivity'. As part of the agreement, Amadeus will also distribute Riyadh Air's future NDC (New Distribution Capability) content, allowing the airline to deliver more dynamic, personalized offers to travelers and to take greater control of its indirect sales strategy. These advanced capabilities will further optimize Riyadh Air's ability to deliver modern, flexible, and customer-centric retailing. Maher Koubaa, Executive Vice President, Travel Unit and Managing Director EMEA, Amadeus, said 'The launch of Riyadh Air represents a major milestone for the Kingdom's aviation industry, and we are proud to be their trusted technology partner from the very beginning. Amadeus brings not only global reach, but also advanced retailing, merchandising, and data-driven tools that will help Riyadh Air differentiate itself on the global stage. We are excited to support Riyadh Air's contribution to Vision 2030 and the Kingdom's aspirations to become a global tourism and travel leader.' Backed by the Public Investment Fund (PIF) and unveiled by His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz in 2023, Riyadh Air is set to play a pivotal role in advancing Saudi Arabia's Vision 2030, which seeks to diversify the Kingdom's economy, stimulate investment in tourism and infrastructure, and create a globally competitive aviation sector. The airline is expected to contribute over USD 20 billion to the Kingdom's non-oil GDP and generate more than 200,000 direct and indirect jobs.
Zawya
5 days ago
- Zawya
Saudi ministry launches Non-Profit Precious Metals and Gemstones Association to boost industry
RIYADH — The Ministry of Industry and Mineral Resources has officially announced the establishment of the Non-Profit Precious Metals and Gemstones Association, aimed at advancing the industry, fostering innovation, and empowering local designers and artisans across the Kingdom. The initiative forms part of the Ministry's broader strategy to strengthen the role of non-profit organizations within the industrial and mining sectors, reflecting its belief in their contribution to economic and social development. Aligned with Saudi Vision 2030, the association's objectives include enhancing local content in precious metals and gemstone products, supporting the creative industries, empowering women and youth, and elevating professional standards among designers through specialized training programs, workshops, and certifications. The new body will provide Saudi artisans and designers with financial and technical assistance, production grants, and opportunities to showcase their work at local and international exhibitions. It also aims to promote sustainability, encourage environmentally responsible practices in the gemstone sector, and build a unified professional community through a digital platform connecting investors and industry practitioners. By integrating designers and craftsmen into key value chains, the association seeks to expand Saudi Arabia's footprint in the global market while contributing to the national GDP. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
5 days ago
- Zawya
Zain KSA publishes 2024 sustainability report
Riyadh: Zain KSA, leading telecom and digital services provider, continues to chart a path toward a brighter future for all. The Company has published its 2024 sustainability report under the theme 'Toward a Wonderful Sustainable Tomorrow,' capturing a year of environmental and social initiatives and achievements. The report echoes Zain KSA's commitment to embedding sustainability across all aspects of its operations, from network infrastructure and digital solutions to human capability development and community engagement. The report reflects a holistic approach that balances economic growth, innovative thinking, responsible environmental stewardship, and effective governance. The 2024 report underscores the full alignment of Zain KSA's sustainability strategy with the goals of Saudi Vision 2030 and the United Nations Sustainable Development Goals (SDGs). It also highlights the company's achievements across the four strategic pillars of its corporate sustainability framework: Climate Change, Operating Responsibly, Inclusion, and Generation Youth. Zain KSA CEO Eng. Saad bin Abdulrahman AlSadhan commented, 'Sustainability is not just a commitment, it is the vision that guides everything we do. We bring this vision to life through innovative digital solutions that create meaningful value for our communities, our environment, and our economy. Our approach is grounded in the firm belief that inclusive growth is vital to building a vibrant, resilient society. And this is why people remain the focus of all our efforts and our commitment to creating a lasting impact, uplifting lives, fostering prosperity, and fulfilling our role in advancing the goals of Saudi Vision 2030. The 2024 report represents a pivotal step forward in our sustainability journey, anchored in sustaining innovation and in a comprehensive strategy that embeds environmental and social responsibility into our business model. This vision drives us to deliver real, tangible benefits in every aspect of our operations. The initiatives and programs we have implemented reflect our deep conviction that sustainability is an ongoing journey and a way of work that harnesses innovation to serve humanity and protect our planet. Looking forward, we remain firmly committed to this mission and to fulfilling our part in shaping a strong, inclusive digital future for all.' To view the full Sustainability Impact Report, click here:
