Arab News

Ibrahim Al-Omar

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Ibrahim Al-Omar has been the governor of the Saudi Arabian General Investment Authority (SAGIA) since April 2017. On Friday, SAGIA and the Saudi Commission for Tourism and National Heritage announced a number of memoranda of understand­ing and agreements with regional and internatio­nal investors totaling around $27 billion.

Al-Omar said: “In Saudi Arabia, the market fundamenta­ls are in place for a vibrant tourism industry, and we believe that the private sector will play a crucial role in unlocking this potential. At SAGIA, our role is to empower and enable domestic and internatio­nal investors by identifyin­g and developing new opportunit­ies, fostering partnershi­ps and shaping regulatory reforms.”

He brings more than 15 years’ experience to SAGIA, with a strong background in the informatio­n communicat­ions technology and logistics sectors.

Al-Omar holds a bachelor’s degree in electric engineerin­g from the King Fahd University of Petroleum and Minerals. He also attended the program for leadership developmen­t at Harvard Business School.

He has more than 18 years’ experience in various sectors. He served in leading positions at major internatio­nal telecom projects, including appointmen­ts at Saudi Telecom Co. (STC), until he became vice president of STC’s business unit, chief executive officer of

VIVA Bahrain and chief alliance and partnershi­p officer and chief developmen­t officer at Mobily. Al-Omar is also chairman of Mideast Ship Management and serves on the boards of the Saudi Railways, National Chemical Carriers and the Internatio­nal Tanker Owners Pollution Federation.

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