Yazeed Al-Humied, head of Local Holdings Investments at the Saudi Public Investment Fund

Yazeed Al-Humied
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Updated 15 January 2021

Yazeed Al-Humied, head of Local Holdings Investments at the Saudi Public Investment Fund

Yazeed Al-Humied is the newly appointed head of Local Holdings Investments at the Saudi Public Investment Fund (PIF).

From October 2016 until December 2020, he was the PIF’s chief of staff, managing the fund’s relationships and creating strategic partnerships locally and internationally.

He also managed internal institutional and investment projects to ensure they were completed on time and met quality standards and developed a governance model for PIF portfolio companies while monitoring their performance.

On top of his new role, Al-Humied will contribute to the PIF as a member of various permanent committees including those responsible for management, and portfolio company nomination.

In addition, he sits as chairman of the National Security Services Co., vice chairman of both the Samba Financial Group and the Saudi Stock Exchange (Tadawul), and is a board member of Saudia airline, the Saudi Civil Aviation Holding Co., and Saudi low-cost carrier flyadeal.

Al-Humied joined PIF as an adviser to the fund’s governor in 2015. In his one-year advisory role, he was responsible for the restructuring, strategy crafting, and posting of PIF’s reallocation to the Saudi Council of Economic and Development Affairs.

He started his career in 2004 with multinational professional services company PricewaterhouseCoopers and four years later joined the Capital Market Authority (CMA) where he headed mergers and acquisitions.

Al-Humied gained a bachelor’s degree in accounting from Riyadh’s King Saud University in 2004 and he is also an alumnus of the London Business School’s corporate finance modular program.


Saudi Arabia announces 4 more COVID-19 deaths

Updated 07 March 2021

Saudi Arabia announces 4 more COVID-19 deaths

  • The total number of recoveries in the Kingdom has increased to 370,614
  • A total of 6,528 people have succumbed to the virus in the Kingdom so far

RIYADH: Saudi Arabia announced four deaths from COVID-19 and 357 new infections on Sunday.
Of the new cases, 188 were recorded in Riyadh, 54 in Makkah, 51 in the Eastern Province, 13 in Madinah, eight in the Northern Borders region, six in Asir, five in Hail, two in Jazan and one in Najran.
The total number of recoveries in the Kingdom increased to 370,614 after 314 more patients recovered from the virus.
A total of 6,528 people have succumbed to the virus in the Kingdom so far.


Saudi nonprofit provides underprivileged families with 1,000 meals a day

The initiative, which kicked off on Feb. 14, was planned to run for 30 days, but could be extended. (Supplied)
Updated 07 March 2021

Saudi nonprofit provides underprivileged families with 1,000 meals a day

  • ‘We intend to do whatever we can to ensure the distribution of food to those in need during pandemic’

RIYADH: A Riyadh charity is distributing 1,000 meals a day to underprivileged families who have been badly affected by the ongoing coronavirus disease (COVID-19).

Founded by Riyadh’s governor, Prince Faisal bin Bandar bin Abdul Aziz, the Khairat program helps ensure that low-income families in the Kingdom’s capital have access to two full, healthy, and balanced meals a day, taking care of not only the cooking process, but also the distribution to those in need.
Abdullah Al-Sebai, the general supervisor of Khairat, told Arab News that the program was initially established in 2018 as a means of collecting leftover food from banquet halls, weddings, and other major events where a surplus tends to be left.


“Our team would collect the leftover food from these events, package it up neatly, and distribute it to families in need,” he said.
However, once the pandemic shut down those large-scale gatherings, the team at Khairat quickly found a solution that would ensure those families would not be left in the lurch.


“With the green light from Prince Faisal, we established a professional relationship with a kitchen belonging to the charity Al-Melwan, who have employed seven Saudi women to cook the necessary meals for distribution,” Al-Sebai added. “Khairat purchased the meals from them and is responsible for the delivery on a daily basis.”
Once the food has been prepared by the team at Al-Melwan’s kitchen, Al-Sebai said that the meals go out twice a day — 500 lunches and 500 dinners, all delivered within half an hour to the families that the charity has had longstanding dealings with.
The initiative, which kicked off on Feb. 14, was planned to run for 30 days, but could be extended.
“We intend to do whatever we can to ensure that these families aren’t in any danger due to the pandemic,” he said.
To maintain their services alongside Al-Melwan’s, the charity also coordinated with a number of restaurants to provide meals, and private entities that have also contributed to their food distribution. Over 27,000 meals were distributed to around 4,500 families in 13 neighborhoods across Riyadh between Feb. 12-28 as a result.
Khairat is accepting donations, both in the form of monetary contributions, and applications from donors such as banquet halls, hotels, and other event-hosting venues, on their website, https://khiyrat.org.sa/en/.

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Who’s Who: Dr. Yasser Al-Aska, director general of the Saudi Patient Safety Center

Updated 06 March 2021

Who’s Who: Dr. Yasser Al-Aska, director general of the Saudi Patient Safety Center

Dr. Yasser Al-Aska has been director general of the Saudi Patient Safety Center (SPSC) since February. The center aims to raise awareness of patient safety and strengthen and improve the culture of best practices in patient safety in all health institutions throughout the Kingdom.

It also conducts research to improve the quality of health facilities, especially with regard to patient safety.
Al-Aska received a bachelor’s degree in medicine from King Saud University (KSU) in 2006. He also obtained an Arab Board of Emergency Medicine certification from the Arab Board of Health Specializations in 2012.
That year, he was also granted the same certification from the Saudi Commission of Health Specialties. From 2017 to 2020, he directed KSU’s Clinical Skills and Simulation Center (KSU-CSSC).
Al-Aska, who has been an emergency medicine assistant professor at KSU since 2016, was also deputy director of KSU-CSSC from 2016 to 2017. Al-Aska also worked as director of the residency training program and postgraduate studies at KSU’s department of emergency medicine.
From 2010 to 2011, he was chief resident at the Saudi Board of Emergency Medicine program, a substantial residency-training program and the largest emergency program in the region.
From 2007 to 2012, he worked as an emergency medicine resident at King Khalid University. For nearly one year beginning in 2013, he served as a fellow at the Lifespan Medical Simulation Center, Rhode Island, US.
From 2013 to 2015, he worked as a teaching fellow of disaster medicine and emergency preparedness at Brown University.
As an academic, Al-Aska’s research and studies focus mainly on current issues in emergency medicine, disaster preparedness and medical simulation. He is dedicated to the improvement of emergency care experience and medical education within his country and beyond.


Malaysian PM arrives in Jeddah ahead of Umrah

Updated 07 March 2021

Malaysian PM arrives in Jeddah ahead of Umrah

  • Muhyiddin Yassin will perform Umrah

LONDON: Malaysia’s prime minister arrived in Jeddah on Saturday ahead of performing Umrah.
Muhyiddin Yassin, who was photographed wearing an Ihram, was received on arrival at King Abdulaziz International Airport by the the Kingdom’s ambassador to Malaysia Mahmoud Qattan.
He was also greeted by the governor of Jeddah Prince Mishaal bin Majed bin Abdul Aziz and other officials.

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Saudi Arabia boosts health checks, 382 new coronavirus cases reported

Updated 07 March 2021

Saudi Arabia boosts health checks, 382 new coronavirus cases reported

  • The total number of recoveries in the Kingdom has increased to 370,300
  • A total of 6,524 people have succumbed to the virus in the Kingdom so far

JEDDAH: Saudi authorities have warned that health inspections will increase ahead of the reopening of restaurants, gyms and cinemas across the Kingdom on Sunday.
The Kingdom reported 382 new coronavirus cases on Saturday, increasing the total number of infections over the course of the pandemic to 379,474.
There are 2,650 active cases, 494 of which are in critical care — a decrease of 15 in the past day.
Around the Kingdom, 183 of the cases were reported in the Riyadh region, 89 in the Eastern Province and 43 in Makkah. Jazan and Najran both reported three cases each.
There were also 378 new recoveries, raising the total recovery count to 370,300. The Kingdom’s recovery rate now stands at 97.58 percent.
Saturday saw five new coronavirus-related deaths. The Kingdom’s death toll is now 6,524.
More than 13.9 million PCR tests have been conducted in the Kingdom, with 48,078 completed in the past 24 hours.

FASTFACTS

379,474 Total cases

370,300 Recoveries

6,524 Deaths

Saudi health clinics set up by the ministry as testing hubs or treatment centers have helped hundreds of thousands of people around the Kingdom since the outbreak of the coronavirus pandemic. Among those testing hubs are Taakad (make sure) centers and Tetamman (rest assured) clinics.
Taakad centers provide testing for those who show no or mild symptoms or believe they have come into contact with an infected individual, while the Tetamman clinics offer treatment and advice to those with virus symptoms, such as fever, loss of taste and smell and breathing difficulties.
Appointments to either service can also be made through the ministry’s Sehhaty app.

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