Saudi Ports appoints Omar Hariri as CEO

The Saudi Ports Authority (Mawani) board of directors has appointed Omar bin Talal Hariri as CEO. (SPA/File Photo)
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Updated 21 June 2021
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Saudi Ports appoints Omar Hariri as CEO

  • Hariri was Saudi Airlines Cargo and the Saudi Logistics Company “SAL” CEO, since 2018

RIYADH: The Saudi Ports Authority (Mawani) board of directors has appointed Omar bin Talal Hariri as CEO, effective early July 2021.

This appointment culminates 18 years of experience, which he started in 2004, as the new CEO proved his competency through the number of leadership positions he held in the transport and logistics sectors, Mawani said in a filing today, Monday.

Prior to this, Hariri was Saudi Airlines Cargo and the Saudi Logistics Company “SAL” CEO, since 2018. He led the two companies towards transformation by developing infrastructure, introducing the latest digital programs, modernizing systems and raising the Saudization rates to 95 percent, among other changes.

He also worked on developing and implementing the group's strategy in line with the Kingdom's Vision 2030.

Hariri held the position of CEO in several companies.

He is also a member of boards of directors and committees, in the International Air Transport Association Consulting (IATA Consulting), the Logistics Committee of the Jeddah Chamber of Commerce, and others.

He also chairs the Board of Directors of the SkyTeam Cargo Alliance.


Closing Bell: Saudi main market sheds 85 points to finish at 11,098 

Updated 17 February 2026
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Closing Bell: Saudi main market sheds 85 points to finish at 11,098 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower in the latest session, falling 85.79 points, or 0.77 percent, to finish at 11,098.06. 

The MSCI Tadawul 30 Index declined 0.63 percent to close at 1,495.23, while the parallel market index Nomu dropped 0.91 percent to 23,548.56.  

Market breadth was firmly negative, with 42 gainers against 218 decliners on the main market. Trading activity saw 226 million shares exchanged, with total turnover reaching SR4.5 billion ($1.19 billion).  

Among the session’s gainers, Tourism Enterprise Co. rose 9.40 percent to SR15.02. SHL Finance Co. advanced 4.51 percent to SR16.00, while Almasar Alshamil for Education Co. gained 3.56 percent to SR23.88.  

Dar Alarkan Real Estate Development Co. added 3.03 percent to SR19.70, and Banque Saudi Fransi climbed 2.61 percent to SR19.30. 

On the losing side, Almasane Alkobra Mining Co. recorded the steepest decline, falling 6.61 percent to SR96.

Al Moammar Information Systems Co. dropped 5.14 percent to SR164.20, while National Company for Learning and Education declined 4.60 percent to SR124.30. Saudi Ceramic Co. slipped 4.14 percent to SR27.30, and Arabian Contracting Services Co. fell 4.12 percent to SR116.50. 

On the announcement front, Saudi Telecom Co. announced the distribution of interim cash dividends for the fourth quarter of 2025 in line with its approved dividend policy.  

The company will distribute SR2.74 billion, equivalent to SR0.55 per share, to shareholders for the quarter.  

The number of shares eligible for dividends stands at approximately 4.99 billion shares. The eligibility date has been set for Feb. 23, with distribution scheduled for March 12.  

The company noted that treasury shares are not entitled to dividends and that payments will be made through Riyad Bank via direct transfer to shareholders’ bank accounts. stc shares last traded at SR44.80, unchanged on the session. 

Separately, National Environmental Recycling Co., known as Tadweer, reported its annual financial results for the year ended Dec. 31, 2025, posting significant growth in revenue and profit.  

Revenue rose 53.5 percent year on year to SR1.24 billion, compared with SR806 million in the previous year. Net profit attributable to shareholders increased 68.4 percent to SR60.9 million, up from SR36.2 million a year earlier, driven by higher sales volumes and operational expansion.

Tadweer shares last traded at SR3.80, up 2.70 percent.