FaceOf: Dr. Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary Agency

Dr. Fahd Al-Shathri
Updated 28 September 2018
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FaceOf: Dr. Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary Agency

  • Al-Shathri earned his bachelor’s degree in accounting from King Saud University and his master’s degree in economics from KSU
  • Al-Shathri also served as an economic adviser in the Ministry of Finance from 2000 to 2011

Dr. Fahd Al-Shathri is the deputy governor of the Saudi Arabian Monetary Agency (SAMA). Saudi Arabia has been at the forefront of global efforts to combat money laundering and the financing of terror operations, which Al-Shathri is responsible for supervising, among other responsibilities.

Al-Shathri recently gave a speech at the 10th Compliance and Anti-Money Laundering Seminar in Riyadh, highlighting the efforts of the Kingdom in tackling financial crime. 

He said: “The Kingdom has directed all financial institutions to abide by the policies that meet compliance standards, including reporting and uncovering financial crime.”

Al-Shathri earned his bachelor’s degree in accounting from King Saud University and his master’s degree in economics from KSU. 

Prior to gaining his Ph.D. in public finance from Lehigh University, Al-Shathri worked as a columnist at Aleqtisadiah newspaper, where he touched on issues related to the Saudi economy and other members of the Gulf Cooperation Council (GCC).

Al-Shathri also served as an economic adviser in the Ministry of Finance from 2000 to 2011.

In 2009, Al-Shathri served as a board member at the Islamic Corporation for the Development of the Private Sector (ICD). 

He then served as both adviser to the executive director of the International Monetary Fund, as well as executive director and IMF board member through 2016.

Prior to being appointed deputy governor of SAMA in 2018, Al-Shathri served as deputy governor for research and international affairs at SAMA, having been appointed in 2016.


Saudi Cabinet reviews cooperation and agreements with other nations

Updated 25 February 2026
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Saudi Cabinet reviews cooperation and agreements with other nations

  • Crown Prince Mohammed bin Salman chairs meeting and briefs ministers on his recent meeting with Egypt’s President Abdel Fattah El-Sisi
  • Cooperative efforts includes projects focusing on development and education, political consultations, environmental protection, health, investment and air transport

RIYADH: Saudi Arabia’s Council of Ministers reviewed a number of domestic and international matters during a session in Jeddah on Tuesday chaired by Crown Prince Mohammed bin Salman.

The crown prince briefed the Cabinet on his recent meeting with the Egyptian president, Abdel Fattah El-Sisi, which included discussions about regional security and stability, the latest developments in the Middle East, and other topics of importance to the Arab and Islamic world, the Saudi Press Agency reported.

He also shared with ministers the contents of a letter he received from the president of Kazakhstan, Kassym-Jomart Tokayev.

The council discussed progress in cooperative efforts involving Saudi Arabia and other countries including Kyrgyzstan, Pakistan, Armenia, Turkmenistan, Estonia, Cuba and Kiribati, and approved a number of memorandums of understanding.

The cooperation includes projects focusing on development and education, political consultations, environmental protection, health, investment and air-transport services, the press agency said. Ministers also approved an agreement between the Saudi General Authority for Awqaf and its Omani counterpart relating to endowments.

They reviewed national initiatives, including one for the promotion of charitable work, and the enhancement of humanitarian and developmental efforts across the country.

A merger of the National Competitiveness Center with the Saudi Center for Economic Business to create a combined Saudi Competitiveness and Business Center was authorized.