FaceOf: Dr. Sami bin Abdullah Al-Obaidi, chairman of the Council of Saudi Chambers

  • 7/15/2018
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JEDDAH: Dr. Sami bin Abdullah Al-Obaidi has been the chairman of the Council of Saudi Chambers (CSC) since June 2018. Prior to his recent appointment, Al-Obaidi was the vice president of the CSC. He is also the chairman of the board of directors of the Chamber of Commerce and Industry in Taif and a member of the board of directors of the Saudi Commission for Tourism and National Heritage (SCTH) since 2017. Al-Obaidi recently met with South African President Cyril Ramaphosa during the Saudi-South African Business Meeting on Thursday organized by the CSC. During the meeting, which discussed possible ways to reinforce economic cooperation between the Kingdom and the African country, Al-Obaidi said, “We look forward to both countries leveraging investment and trade opportunities so as to turn them into successful partnerships.” An agreement was signed at the end of the meeting, on renewable energy between ACWA Power and Central Energy Fund. Saudi Arabia has a vision that includes “substantial reforms that contribute to enhancing trade exchanges and attracting more domestic and foreign investments, thus opening broad prospects for cooperation with international partners,” Al-Obaidi added. The Council for Saudi Chambers of Commerce and Industry is the official federation for the 28 Saudi Chambers. It was formed based on a royal decree on March 1980, and headquartered in Riyadh. The key role of the Council of Saudi Chambers is to serve the common interests of the Saudi Chambers, support the development of the private sector and enhance its role in national development.

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