Fahd Al-Saif, president of the Debt Management Office at the Saudi Ministry of Finance

Fahd Al-Saif
Updated 15 June 2019
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Fahd Al-Saif, president of the Debt Management Office at the Saudi Ministry of Finance

  • Previously, Al-Saif was deputy managing director of the Saudi British Bank (SABB), part of the HSBC Group

Fahd Al-Saif is president of the Debt Management Office (DMO) at the Saudi Ministry of Finance.

He is head of the ministry’s Public, Private and Privatization Office and a board member in the National Center of Privatization.

Before his appointment as president of the DMO in July 2017, Al-Saif was deputy managing director of the Saudi British Bank (SABB), part of the HSBC Group.

He was previously a board member of HSBC Saudi Arabia Ltd. and a member of the advisory committee of the Capital Markets Authority.

Al-Saif, who holds a bachelor’s degree in MIS from King Fahd University of Petroleum and Minerals, has more than 20 years’ experience in corporate, investment banking, global banking and capital markets with SABB and HSBC. 

He was HSBC’s Saudi Arabia principal contact for corporate finance and capital markets in relation to ECM (IPO, rights issues, private placements) and DCM (sukuk and bond issuance, banks loans and syndication and financing services solutions).

The DMO is responsible for securing the Kingdom’s financing needs and has a key role in the implementation of structural, economic and financial reforms in line with the National Transformation Program 2020 and Saudi Vision 2030.

The office recently received three GlobalCapital awards — “Most Impressive Emerging Markets Issuer,” “Most Impressive Middle East Sovereign Issuer” and “Most Impressive Middle East Funding Official.” Al-Saif accepted the awards at a high-level gathering of industry leaders, government representatives and bankers in London.


Saudi mine-clearance project in Yemen destroys 4,235 explosive devices in a day

Updated 22 January 2026
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Saudi mine-clearance project in Yemen destroys 4,235 explosive devices in a day

  • Project Masam aims to rid Yemen of all mines to help ensure the highest standards of safety and security for the Yemeni people

LONDON: Saudi Arabia’s Project Masam cleared 4,235 mines, unexploded ordnance and other explosive devices in a single day from Bab Al-Mandab region in southwestern Yemen, as part of its mission to protect civilians.

Osama Al-Gosaibi, the project’s director general, said it aims to rid Yemen of all mines to help ensure the highest standards of safety and security for the Yemeni people.

On Wednesday, the project’s teams destroyed 33 anti-tank mines, 31 anti-personnel mines, 86 miscellaneous shells, 2,750 assorted rounds, 1,291 breakers and valves used in devices, 12 grenades, two Katyusha rockets, a missile, 15 shell arrows, and 14 other explosive devices.

Masam’s teams are tasked with clearing villages, roads and areas around schools to facilitate the safe movement of civilians and delivery of humanitarian aid.

The project trains local people to become demining engineers, provides them with modern equipment to do the job, and also offers support to Yemenis injured by explosive devices.