Amaala welcomes Victor Clavell as chief operating officer

Chief Operating Officer of Amaala Victor Clavell
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Updated 13 October 2020
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Amaala welcomes Victor Clavell as chief operating officer

Amaala, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, has appointed hospitality industry veteran Victor Clavell to the role of chief operating officer. Victor joins Amaala’s senior leadership team, working closely with CEO Nicholas Naples to bring the destination to life over the coming years.

With an innate understanding of the luxury hospitality business, Clavell steps into a role that will see him lead the operations division across the destination and its three communities — Triple Bay, The Coastal Development, and The Island.

With more than 30 years of proven excellence at world-leading brands, Clavell brings with him expertise and passion that has established him as a global authority and industry thought leader. Over the years, he has guided the openings of numerous top-tier properties across the Americas, Europe, and Asia Pacific for The Ritz-Carlton Hotel Company, Bulgari, W, and Edition hotels.

Amaala chief executive Naples said: “As we continue Amaala’s development journey, Victor’s unparalleled knowledge, stellar reputation and proven ability will prove invaluable in the acceleration and delivery of our operations across the destination. His extensive background in the development of iconic properties across the globe perfectly positions him to lead Amaala’s operations and shepherd the next stages of growth.”

Clavell holds a postgraduate degree in international hotel management from the University of Surrey, UK, and a bachelor of science in business administration and management from the University of Barcelona, Spain. He has also completed Harvard Business School’s program in executive education, strategy building and sustaining competitive advantage. A natural linguist, Clavell has a native command of English, Spanish, and Catalan. He is also fluent in French and has mastered conversational Italian.

On being appointed to his new role, Clavell said: “Amaala will set new standards for thoughtful luxury, guest experience and sustainable practices. I look forward to working with some of the best talent in the industry as we forge ahead in the realization of this ambitious vision.”

Set in the Prince Mohammad bin Salman Natural Reserve across three unique communities, the 4,155-square-kilometer year-round destination will include 2,800 hotel keys and more than 900 residential villas, apartments and estate homes, alongside 200 high-end retail establishments, fine dining, wellness and recreational facilities.


25,000 attend Social Development Bank’s DeveGO25 forum

Updated 27 December 2025
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25,000 attend Social Development Bank’s DeveGO25 forum

The Social Development Bank concluded the second edition of the Entrepreneurship and Modern Business Practices Forum — DeveGo 2025 — announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region dedicated to entrepreneurship, innovation, and freelance work in Saudi Arabia and beyond. 

The forum witnessed broad participation from local and international experts, investors, entrepreneurs, and representatives of local, regional, and international institutions.

Over three days at the King Abdulaziz International Conference Center, the forum drew 25,000 participants and visitors, who benefited from over 45 specialized workshops and over 2500 advisory sessions delivered by more than 70 consultants and experts. 

The sessions covered key areas including entrepreneurial planning, business models, venture capital, digital platforms, freelancing, and emerging technologies. 

The forum also featured 20 panel discussions with leading local and international speakers, addressing major global trends in entrepreneurship, including the future of artificial intelligence, the creative economy, digital transformation, and venture investment. 

The forum saw the launch of the Saudi Empretec Fellowship, in the presence of Rebeca Grynspan, secretary-general of the UN Conference on Trade and Development. 

The partners in success within the Social Responsibility Portfolio supporting entrepreneurs were honored. 

It also saw the honoring of 13 winners of the Handicrafts Competition, representing various regions of the Kingdom, the announcement of winners of the Salam Award for Promising Projects, and the recognition of leading entrepreneurial projects fund under the Enterprises Track. 

In addition, the NEXT UP Challenge concluded on the third day of the forum with 20 startups presenting their projects to more than 500 investors, enhancing opportunities for networking and partnership building.

As part of efforts to strengthen the support ecosystem, the forum witnessed the signing of 51 agreements, along with the launch of a suite of new financing products. These included the Capital Expansion Product with a ceiling of up to SR10 million, the Payroll Product with a ceiling of SR2 million, and the Rental Product with a ceiling of SR1.5 million, aimed at supporting enterprises in asset development and covering operational costs. 

This reflects the bank’s direction toward offering more specialized financing tools that respond effectively to market needs.

The forum concluded by reaffirming its role as a unifying national platform for entrepreneurship, where accompanying activities and events provided direct engagement opportunities between entrepreneurs, investors, and experts. 

The forum also highlighted success stories and practical experiences that reflect the scale of entrepreneurial momentum in the Kingdom and the growing role of the Social Development Bank in supporting a national economy driven by innovation and knowledge.