Who’s Who: Dr. Mohammed Sulaiman Al-Jasser, Islamic Development Bank president

Dr. Mohammed Sulaiman Al-Jasser
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Updated 26 July 2021
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Who’s Who: Dr. Mohammed Sulaiman Al-Jasser, Islamic Development Bank president

Dr. Mohammed Sulaiman Al-Jasser has been appointed as the new head of the Islamic Development Bank for the next five years.

He has been an adviser at the General Secretariat of the Saudi Council of Ministers and the chairman of the General Authority for Competition since 2016.

Al-Jasser received his Ph.D. in economics from the University of California in 1986. He obtained his master’s degree in economics from the same university in 1981, and a bachelor’s degree in economics from San Diego State University in 1979.

He served as the Kingdom’s economy and planning minister from 2011 to 2015, and as governor of the Saudi Central Bank (SAMA) between 2009 and 2011. He was also the vice governor and vice chairman of the SAMA’s board from November 1995 to February 2009.

He has participated in major international events, including G20 meetings at the deputy, ministerial, governor and full summit levels. Al-Jasser also participated in regular meetings of the Bank for International Settlements from 1997 to 2011, and took part in local and international symposia, while also giving frequent lectures on economic and monetary policies.

His previous memberships of ministerial committees, boards and councils include the Council for Economic Affairs and Development, the Supreme Council for Civil Defense, and the Ministerial Committee for Mining Affairs among others.

Al-Jasser has received many awards such as the King Abdul Aziz Medal of the First Order in 2001, the Euromoney (Emerging Markets) Award for Central Bank Governor, MENA Region for the Year in 2009, the Arab Bankers Association of North America Achievement Award in 2010, and “The Banker” Award and “Central Bank Governor of the Year for the Middle East” in 2011.


Japan consulate in Jeddah celebrates emperor’s birthday, highlights strong cultural and economic ties

Updated 59 min 43 sec ago
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Japan consulate in Jeddah celebrates emperor’s birthday, highlights strong cultural and economic ties

  • In an exclusive interview with Arab News, Yamamoto highlighted the growing cultural exchange between the two nations

JEDDAH: The consulate general of Japan in Saudi Arabia celebrated the upcoming birthday of Japanese Emperor Naruhito with a reception at the residence of the consul general Daisuke Yamamoto in Jeddah on Thursday night. 

The event was attended by Prince Saud bin Abdullah bin Jalawi, governor of Jeddah; Farid bin Saad Al-Shehri, director general of the Ministry of Foreign Affairs in the Makkah Region; Saleh Ali Al-Turki, mayor of Jeddah; and other Saudi officials, diplomats, business leaders, and members of the local community.

In an exclusive interview with Arab News, Yamamoto highlighted the growing cultural exchange between the two nations.

“The relationship between Japan and Saudi Arabia is particularly strong in the cultural field. Saudi people are very fond of Japanese pop culture, especially anime and manga, and many are motivated to learn Japanese just to enjoy the original works,” he said.

Yamamoto noted that while enthusiasm is high, challenges remain in expanding language education. “Currently, we don’t have a dedicated Japanese language institute in Jeddah. Some institutes exist in Riyadh, but here people mostly study Japanese on their own, which is difficult without interacting with native speakers. Establishing a permanent institute is one of our goals, but we cannot do it alone; we need Saudi partners,” he explained.

During his speech at the reception, Yamamoto said: “Japan is Saudi Arabia’s third-largest trading partner. Bilateral trade reached $36 billion by the end of 2024, reflecting a 50-percent increase since 2016. Many Japanese companies are investing directly in the Kingdom, across sectors such as petrochemicals, energy, automobiles, electronics, and titanium production.” He also encouraged Saudi investors to explore opportunities in Japan’s market.

He also highlighted recent initiatives designed to strengthen cultural ties, including the three-day Hayy Matsuri Japanese cultural festival at Hayy Jameel, which welcomed more than 12,000 visitors, and a two-day Kabuki performance organized in partnership with the Historic Jeddah Project and teamLab. “These cultural exchanges offer a chance for Saudis to experience Japan firsthand, from traditional arts to contemporary innovations,” he said.

Yamamoto welcomed the Kingdom’s participation in upcoming international events in Japan, including the 2026 Asian and Paralympic Games in Nagoya and Aichi Prefecture, as well as the GREEN×EXPO 2027 in Yokohama.

The evening concluded with a ceremonial cake cutting alongside a showcase of Japanese cuisine.

Reflecting on the broader Japan–Saudi relationship, Yamamoto praised the enduring friendship between the two nations.

“Our countries share a history of partnership that spans generations. Celebrations like today not only honor the emperor’s birthday, but also reinforce the enduring collaboration and mutual respect between our peoples,” he said.

He expressed hope for continued growth in cultural, educational, and economic collaboration, emphasizing the strong foundations laid under the leadership of King Salman and Crown Prince Mohammed bin Salman.