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Faisal Al-Bedah was recently appointed secretary-general of the Saudi Export Development Authority, also known as Saudi Exports. Al-Bedah expressed his gratitude for the appointment and pledged to serve the Kingdom and help it achieve its goal of increasing non-oil exports to diversify the national economy. He previously served as the secretary-general of the logistic services committee at the Transport Ministry. Al-Bedah was the deputy governor for trade and facilitation at Saudi Customs from April 2017 to Feb. 2019. He then served as an adviser to the municipal and rural affairs minister between Feb. 2019 and Feb. 2020. Al-Bedah obtained his bachelor’s degree in accounting from King Saud University in 2001. He obtained a master’s in finance from Prince Sultan University in 2009, and completed a management acceleration program at INSEAD in 2007. ....
US rail firm building Riyadh HQ to target Saudi market The rail sector in KSA is crucial in expanding the mining sector as the third pillar of the Saudi economy Updated 23 March 2021 March 23, 2021 00:33 RIYADH: Saudi Arabia is looking to bring up to 500 international companies to Riyadh following February’s announcement that the Kingdom will stop signing contracts with foreign companies from 2024 unless their regional headquarters are locally based. In the wake of the announcement, 24 companies have already confirmed their intentions to establish headquarters in Riyadh. One of the companies, US-based transportation giant Greenbrier, builds, leases, repairs, supplies and manages railcars in the Middle East, North and South America and Europe. ....