Who’s Who: Mohannad Basodan, CEO of the National Center for Privatization

Mohannad Basodan. (Supplied)
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Updated 06 November 2021
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Who’s Who: Mohannad Basodan, CEO of the National Center for Privatization

Mohannad Basodan has been the CEO of the National Center for Privatization and PPP since October. The center has recently announced that the newly launched National Infrastructure Fund will play an integral role with the National Center for Privatization by providing financing and credit support to stimulate private sector participation in achieving the goals of the Saudi Vision 2030.
Prior to that, Basodan worked from 2017 to 2021 as the deputy governor for strategy and transformation at the Zakat, Tax and Customs Authority. He also worked for nearly two months as head of the initiatives management office at the National Center for Performance Measurement, where he also served as the corporate services support executive director for nine months, and as deputy director general for about a year.
For a year before that, he worked as the managing editor at the Tokyo Rope Manufacturing, Saudi Arabia, beginning in late 2014. For some 20 months he worked for Saudi Aramco as a project team leader at the company’s corporate and finance department, where he had served as a corporate and project finance analyst for about four months.
In Dubai, he spent a nearly similar period of time as an MBA intern at Kearney, a leading global management consulting firm with more than 3,600 people working in more than 40 countries.
Basodan began his career at Aramco, where he worked for more than two years, beginning in 2006, as an accounting staff analyst. For three months, he was then a financial analyst at the company’s investment management division before becoming a business development analyst for five months. After that, he worked for more than two and a half years as a project finance analyst at Aramco.
Basodan received a BSc degree in accounting in 2006 from King Fahd University of Petroleum and Minerals. In 2013, he obtained a master’s degree in business administration from the Esade Business and Law School.

 


Foreign ministers chair Saudi-Omani coordination council meeting in Muscat

Updated 23 December 2025
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Foreign ministers chair Saudi-Omani coordination council meeting in Muscat

MUSCAT: Saudi Foreign Minister Prince Faisal bin Farhan met with Oman’s Foreign Minister Sayyid Badr bin Hamad Al-Busaidi on Monday.

They reviewed bilateral relations between their nations and ways to enhance and develop them across various fields. Additionally, they discussed regional and international developments.

The ministers co-chaired the third meeting of the Saudi-Omani Coordination Council in the Omani capital, Muscat, with the participation of the heads of the Council’s subsidiary committees and the two heads of the Council’s General Secretariat teams.

The meeting comes as an affirmation of the keenness of Saudi and Omani leaders to strengthen ties and advance them toward greater prosperity for both nations.

In his remarks during the meeting, Prince Faisal affirmed that gathering builds on the previous council meeting, held last year in AlUla, and on its positive and fruitful outcomes within the framework of the approved recommendations and initiatives. 

He stressed the importance of continuing the work of the council’s subsidiary committees to complete the necessary procedures to implement the remaining initiatives, and of the General Secretariat’s role in follow-up and in addressing any challenges that may hinder implementation.

He also underscored the importance of developing and enhancing trade relations, stimulating investment, and strengthening cooperation between the public and private sectors.

He also praised the ongoing work to establish and launch the Coordination Council’s electronic platform, which aims to connect all committee work and initiatives to facilitate follow-up on the Council’s progress. 

Al-Busaidi affirmed in his remarks the qualitative progress in relations between the two countries and the notable development witnessed across numerous sectors toward achieving economic integration and enhancing intra-trade and joint investments. 

The Omani foreign minister also highlighted deeper cooperation in the security and judicial fields, as well as the cultural and tourism sectors, noting the advanced and continuous political cooperation, consultation, and coordination on regional and international issues.