Banker Who Helped Lead Saudi Debt Boom Will Now Drive FDI Push [Yahoo! Finance Canada]
HSBC Holdings, plc. (HSBC)
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Source: Yahoo! Finance Canada
program that's since transformed the kingdom into one of the most prolific bond issuers globally. His next task is to help Riyadh draw in overseas cash and triple annual foreign direct investment to $100 billion by 2030. Fahad Al-Saif has become the new face of the Gulf nation's push for capital, replacing Khalid Al-Falih as investment minister amid sweeping cabinet changes. In Al-Saif, the kingdom gets a finance veteran whose experience sits at the intersection of business, politics and sovereign wealth. Most Read from Bloomberg Al-Saif worked alongside Finance Minister Mohammed Al-Jadaan as Saudi Arabia started its debt program and began tapping global bond markets in 2016. When it raised a record $21.5 billion a year later, putting the kingdom on the map as one of the most active sovereign emerging-market issuers, Al-Saif was at the helm. He's held several positions at Saudi Arabia's Public Investment Fund and at a Saudi banking giant backed by HSBC Holdings Plc, spending m
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HSBC
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- 2/10/26 - Form 6-K
- 1/30/26 - Form 6-K
- HSBC's page on the SEC website