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Abdullah Bin Faisal Al Saud (1923–2007)
Abdullah bin Faisal Al Saud ( ar, عبد الله بن فيصل آل سعود ''ʿAbd Allāh bin Fayṣal Āl Suʿūd''; 18 June 1923 – 8 May 2007) was a Saudi Arabian businessman, politician, and poet who held multiple posts in the Saudi government throughout the 1940s and 1950s. Prince Abdullah was the eldest son of King Faisal. He served as the governor of Hejaz during the reign of his grandfather King Abdulaziz, and as the minister of health and interior during the reigns of his grandfather and his uncle King Saud. These positions made him one of the most powerful Saudi Arabian royals of his time. Early life and education Prince Abdullah was born in Riyadh in 1923. However, some sources list his birth year as 1921 or 1922. He was the eldest son of King Faisal. His mother was Sultana bint Ahmed Al Sudairi, sister of Hussa bint Ahmed Al Sudairi. It is believed that Prince Abdullah was the second grandson of King Abdulaziz after Faisal bin Turki who was born in 1918. The ...
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Mansour Bin Abdulaziz
Mansour bin Abdulaziz Al Saud ( ar, منصور بن عبد العزيز آل سعود ''Manṣūr ibn ‘Abdul‘azīz Āl Su‘ūd''; 1921 – 2 May 1951) was a Saudi royal and politician who served as the defense minister of Saudi Arabia between 1943 and 1951. During his lifetime Prince Mansour was the third most powerful son of King Abdulaziz after Prince Faisal and Crown Prince Saud. Early life and education Prince Mansour was born in Qasr Al Hukm, Riyadh, in 1921. He is widely believed to be the ninth son of King Abdulaziz, but William A. Eddy argues that Prince Mansour is the sixth son of Abdulaziz. His mother was an Armenian woman, Shahida (died 1938), who was reportedly the favorite wife of King Abdulaziz. She was of Christian origin. Prince Mansour's full siblings were Prince Mishaal, Prince Mutaib, and Princess Qumash. At age seven Prince Mansour's education began with a private tutor, and he studied Quran and Arabic. Then he was sent to the Saudi Institute in ...
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King Saud
Saud bin Abdulaziz Al Saud ( ar, سعود بن عبد العزيز آل سعود ''Suʿūd ibn ʿAbd al ʿAzīz Āl Suʿūd'', Najdi Arabic pronunciation: ; 15 January 1902 – 23 February 1969) was King of Saudi Arabia from 9 November 1953 to 2 November 1964. During his reign, he served as Prime Minister of Saudi Arabia from 1953 to 1954 and from 1960 to 1962. Prior to his ascension, Saud was the country's crown prince from 11 May 1933 to 9 November 1953. He was the second son of King Abdulaziz, the founder of modern Saudi Arabia, and the first of Abdulaziz's six sons who were kings. (Five more sons of Abdulaziz have since ruled the country: King Faisal, King Khalid, King Fahd, King Abdullah and King Salman.) Saud was the second son of King Abdulaziz and Wadha bint Muhammad Al Orair. The death of Saud's elder brother, Prince Turki, in 1919 poised Saud to become his father's successor; King Abdulaziz appointed him as crown prince in 1933. Saud served as a commander in Abdu ...
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Al-Ahli SC (Jeddah)
Al-Ahli Saudi Football Club ( ar, النادي الأهلي السعودي) is a Saudi Arabian professional football club based in Jeddah, that competes in the second division of Saudi Arabian football, following their relegation from the Saudi Professional League in the 2021–22 season. The club was founded in 1937. Domestically, Al-Ahli has won three Saudi Professional Leagues, holds record of 13 King's Cups, six Crown Prince Cups, one General League Shield, and one Super Cup. In international club football, they have won a record shared of 3 GCC Champions League and 1 Arab Club Championship. The first Saudi club combined the league and the King's Cup in the same season in 1968, and is the only club to do it twice - in 1978 and 2016. Until the 2021-22 season, Al-Ahli was one of the four founding members of the Saudi Pro League had never been relegated from the top flight. The other three are Al-Hilal, Al-Ittihad, and Al-Nassr. Al-Ahli hold the record for the longest ...
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King Faisal Foundation
The King Faisal Foundation ( ar, مؤسسة الملك فيصل الخيرية; ''KFF''), is an international philanthropic organization established in 1976 with the intent of preserving and perpetuating King Faisal bin Abdulaziz's legacy. The foundation was set up by the sons of Faisal of Saudi Arabia, King Faisal bin Abdulaziz Al Saud. It is one of the largest charities in the world. Programs and centers King Faisal International Prize The foundation presents an annual prize, King Faisal International Prize, to "dedicated men and women whose contributions make a positive difference" in several fields. Each of the five annual prizes consist of a certificate hand-written in Diwani Islamic calligraphy, calligraphy summarizing the laureate's work; a 24 Carat (purity), carat 200 gram gold medal—uniquely cast for each winner; and a cash prize of SR 750,000 (US$200,000). The prizes are awarded at a ceremony in Riyadh, Saudi Arabia, by the king of Saudi Arabia. The first King Fai ...
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Mohammed Bin Faisal Al Saud
Mohammed bin Faisal Al Saud ( ar, محمد بن فيصل آل سعود, ''Moḥammed bin Fayṣal Āl Saʿūd''; 1937–14 January 2017) was a Saudi prince and businessman. He was a son of King Faisal and was one of the pioneers in the establishment of Islamic banking and Islamic insurance. Early life and education Mohammed bin Faisal was born in Taif in 1937. He was the second child and eldest son of King Faisal and Iffat Al Thunayan. His full siblings were Sara bint Faisal, Latifa bint Faisal, Saud bin Faisal, Abdul Rahman bin Faisal, Bandar bin Faisal, Turki bin Faisal, Luluwah bint Faisal and Haifa bint Faisal. Mohammed also had half-siblings from his father's other marriages, including Abdullah, Khalid and Saad. Mohammed bin Faisal started his education at Al Madrasa An Numuthagiya (The Model School) which was opened by his parents in Taif in 1942. He was the first of his siblings to study abroad. He attended both Lawrenceville School and Hun School. Then, he graduat ...
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Dar Al-Maal Al-Islami Trust
Dar al-Maal al-Islami Trust ( ar, دار المال الإسلامي) ("The House of Islamic Money"), founded in Switzerland in 1981, is a leading Islamic financial institution with affiliates on four continents and assets under management of over US$3.6 billion, operating in accordance with Zakat principles of Islamic banking. Overview DMI Trust was cofounded by a group of leading figures in 1981, including Mohammed bin Faisal Al Saud, Zayed bin Sultan Al Nahyan, Isa bin Salman Al Khalifa and Abdullah bin Faisal Al Saud. It has two main business units, Takafol and Retakafol, for Islamic banking and Islamic insurance/reinsurance respectively; these are based in the Bahamas, Luxembourg, and the United Kingdom. Fund management and financial services in Switzerland and Morocco, investment banking in Bahrain and Pakistan, commercial and retail banking in the Persian Gulf region and other parts of the world. Additionally, DMI Trust operates the Faisal Islamic Bank group of investme ...
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Ghaith Pharaon
Ghaith Rashad Pharaon (September 7, 1940 – January 6, 2017), was a Saudi fugitive financier and businessman who was founder of Attock Group, Attock Cement, and at one time an investor in the Bank of Credit and Commerce International (BCCI), an international bank established by Pakistani financier Agha Hasan Abedi. Secretly acting on behalf of BCCI, Pharaon acquired control of two American banks in violation of federal banking laws. When the fraud was discovered, BCCI was forced to sell the banks, and soon after shut down by regulators when it was determined to be insolvent. Pharaon was charged with wire fraud and racketeering conspiracy; although he eventually paid out substantial fines and a major settlement to the bank's liquidators, the criminal charges were never resolved and American authorities were seeking his extradition until he died in 2017. Early life and education Ghaith Pharaon is the son of Rashad Pharaon who served as Saudi Ambassador to all Europe from 1948 ...
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Al Faisaliah Group
The Al Faisaliah Group ( ar, مجموعة الفيصلية), is a Saudi-based conglomerate established in 1970. Its name is derived from the name of its founder, Abdullah Al Faisal, eldest son of the late King Faisal. Al Faisaliah Group includes 13 subsidiaries divided into several business units: * Food and beverage – Al-Safi Danone dairy products; Alfa Co For Operation Services Ltd. meat products and restaurants * Consumer Electronics – Medical, Measurement and Media Equipment, IT and Communications (IT networking and consulting), Internet service provider and FBTC Security Systems * Entertainment and Multimedia – Joint ventures with companies such as SONY, SAP AG, Cisco Systems, * Specialty Chemicals –Represents the regional interests of Bausch and Lomb. In 2005, the company reported revenue of about $800 million and had over 5000 employees. Subsidiary Alfa Co For Operation Services Ltd. was created in 2003 to develop Al Faisaliah Group food servi ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Mishaal Bin Abdul-Aziz
Mishaal bin Abdulaziz Al Saud (; 5 September 1926 – 3 May 2017) was a Saudi Arabian politician and businessman. A member of the House of Saud, he held different cabinet posts in the 1950s and was the chairman of the Allegiance Council from 2007 to 2017. Early life Prince Mishaal was born on 5 September 1926. He was the thirteenth son of King Abdulaziz. He was the full brother of Prince Mansour, Prince Mutaib and Princess Qumash who died on 26 September 2011. Their mother was an Armenian woman, Shahida, (died 1938), who reportedly was the favorite wife of King Abdulaziz. She was of Christian origin. Career Prince Mishaal served as the minister of defense from 12 May 1951 to 1953. He replaced his full brother Prince Mansour as minister of defense when he died in 1951. Until that date, Prince Mishaal served as deputy minister of defense. When Prince Mishaal became minister, his younger full brother Prince Mutaib was appointed his deputy. As minister of defense, Prince M ...
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Mansour Bin Abdulaziz Al Saud
Mansour bin Abdulaziz Al Saud ( ar, منصور بن عبد العزيز آل سعود ''Manṣūr ibn ‘Abdul‘azīz Āl Su‘ūd''; 1921 – 2 May 1951) was a Saudi royal and politician who served as the defense minister of Saudi Arabia between 1943 and 1951. During his lifetime Prince Mansour was the third most powerful son of King Abdulaziz after Prince Faisal and Crown Prince Saud. Early life and education Prince Mansour was born in Qasr Al Hukm, Riyadh, in 1921. He is widely believed to be the ninth son of King Abdulaziz, but William A. Eddy argues that Prince Mansour is the sixth son of Abdulaziz. His mother was an Armenian woman, Shahida (died 1938), who was reportedly the favorite wife of King Abdulaziz. She was of Christian origin. Prince Mansour's full siblings were Prince Mishaal, Prince Mutaib, and Princess Qumash. At age seven Prince Mansour's education began with a private tutor, and he studied Quran and Arabic. Then he was sent to the Saudi Institute in ...
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Faisal Bin Turki I Al Saud
Faisal bin Turki I Al Saud ( ar, فيصل بن تركي الأول آل سعود ''Faisal bin Turkī al ʾAwwal Āl Suʿūd'') (1920–1968) was a Saudi royal and politician. He was the only son of Prince Turki I and the eldest grandson of King Abdulaziz. He served as minister of interior during the reign of King Saud, his uncle and step-father, and was the country's first minister of labour and social affairs. Although he was very close to King Saud, Prince Faisal was one of the Saudi royals who signed the document that asked Saud to abdicate in 1964. Early life and education Prince Faisal was born in Riyadh in 1920. He was the only son of Prince Turki I, and his mother was Nora bint Obaid Al Rasheed. Faisal's father was the eldest son of Abdulaziz, then Sultan of Nejd. Prince Turki died from Spanish flu in late 1919, a few months before Prince Faisal was born. After Prince Turki died, Princess Nora remarried to her husband's brother Prince Saud (later King of Saudi Arabia). P ...
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