FaceOf: Lubna Olayan, CEO of Olayan Financing Co.

Lubna Olayan
Updated 31 August 2018
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FaceOf: Lubna Olayan, CEO of Olayan Financing Co.

  • Olayan is the only Saudi whose name has made it to the board and one of three women who will contribute their expertise to the Kingdom’s Future Investment Initiative
  • Her career began in 1983 under her father’s wing at Olayan Group

Lubna Olayan is the CEO of Olayan Financing Co. and is the first woman in Saudi Arabia to give a keynote opening at one of the largest conferences in the Kingdom.

The Public Investment Fund (PIF) in Saudi Arabia has named a top-tier team of international business experts to work on the Kingdom’s Future Investment Initiative (FII).

The event debuted in the Kingdom last year and introduced the government’s economic reform plans, focusing on hi-tech sectors, including robotics and artificial intelligence.

Olayan is the only Saudi whose name has made it to the board and one of three women who will contribute their expertise to the initiative.

Olayan was born in 1955 to a businessman and leader who founded the Olayan Group. She grew up valuing education and holds a bachelor’s degree in agriculture from Cornell University, as well as an MBA from Indiana University.

Her career began in 1983 under her father’s wing at Olayan Group, but the two maintained a businesslike relationship in the office.

Her current role is the CEO of Olayan Financing Company, the holding entity of Olayan Group’s full operations in Saudi and the Middle East, and she also sits on the group’s board with her brother and two sisters.

In 2005 Olayan became a non-executive board director at WPP, and in the next two years, she served as an international advisory member of the board for both Rolls-Royce and Citigroup. She joined the board of INSEAD directors late in 2005 and was elected as a member in the board of trustees for Cornell University in 2007.

In 2010, she was awarded the Cornell Entrepreneur of the Year award, and Forbes listed her as the 86th most powerful woman in the world in 2014.


King Abdulaziz Foundation reveals rare images from king’s 1916 Basra visit

Updated 20 December 2025
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King Abdulaziz Foundation reveals rare images from king’s 1916 Basra visit

  • Photographs form part of a wider collection documented by British photographer Gertrude Bell

RIYADH: The King Abdulaziz Foundation has revealed archival photographs documenting King Abdulaziz’s tour of the outskirts of Basra in 1916, a visit that came at an early stage of his efforts to build regional relationships.

One of the photographs, taken by British photographer Gertrude Bell, shows King Abdulaziz standing with his men in the Basra desert, the Saudi Press Agency reported. 

The image reflects his early political and diplomatic engagement in the region, as he sought to strengthen ties with neighboring areas and engage with the wider Arab and international community, SPA added.

The photograph forms part of a wider collection documented by Bell, which records key developments and transformations across the Arabian Peninsula during the early 20th century.

The Basra visit holds particular significance in King Abdulaziz’s journey as a unifying leader. 

Rather than crossing borders in pursuit of power, the visit reflected an approach focused on stability, cooperation and long-term regional harmony, laying the groundwork for a leadership style defined by pragmatism and openness, SPA said.