FaceOf:  Adel Al-Eisa, media spokesman at the Saudi Arabia Monetary Authority

Updated 28 January 2019
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FaceOf:  Adel Al-Eisa, media spokesman at the Saudi Arabia Monetary Authority

Adel Al-Eisa has been the media spokesman for insurance companies at the Saudi Arabia Monetary Authority (SAMA) since January 2015, and chairman of the Media and Awareness Committee since January 2018. 

He is also a founding partner of Dar Al-Esnad Training Co. The company is specialized in insurance training based in Riyadh since 2016. 

Previously, Al-Eisa served as the chief executive officer (CEO) of Solidarity Saudi Takaful Company based in Riyadh between 2012 and 2015.

He also worked as the vice president of technical and acting CEO and as a technical manager between 2011 and 2012 at the same company.

Al-Eisa spent more than 18 years at Tawuniya Company for Cooperative Insurance in different capacities such as facultative inward manager between 2004 and 2007, and senior manager at the Facultative Reinsurance Department between 2007 and 2011. 

Al-Eisa holds a bachelor’s degree in operational research from King Saud University in Riyadh. He also holds a professional insurance certificate from the Bahrain Institute of Banking and Finance in Manama, Bahrain. 

SAMA is organizing an event on insurance protections and sustainability in March. It will be the largest gathering of Saudi insurance companies and the wider Gulf region to be held under the patronage of SAMA Gov. Ahmed Abdulkarim Al-Kholifey. 

The two-day Insurance Symposium (SIS) will see more than 1,000 specialists and insurance executives gather under one roof to discuss the prospects and challenges of the sector.

 “The symposium comes at a time in which there is strong public awareness of the importance of the role played by the Saudi insurance sector with regards to the economic transformation the Kingdom is currently undergoing,” said Al-Eisa. 


Saudi Cabinet rejects any attempts to undermine Somalia’s unity and sovereignty

Updated 5 sec ago
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Saudi Cabinet rejects any attempts to undermine Somalia’s unity and sovereignty

DUBAI: The Saudi Cabinet on Tuesday has reiterated its support for Somalia's sovereignty and unity, rejecting any attempts undermining it, the Saudi Press Agency said. 

The cabinet expressed its support for the outcomes of the extraordinary meeting held by the foreign ministers of the member states of the Organization of Islamic Cooperation regarding the situation in Somalia, held in the city of Jeddah.

It said Saudi Arabia's rejects any “parallel entities that conflict with the unity of Somalia and the integrity of its territories, as well as any attempts to divide or interfere with its sovereignty.”