Who’s Who: Dr. Ali Al-Hazmi, director of finance transformation at Matarat Holding Co.

Dr. Ali Al-Hazmi.
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Updated 07 June 2023
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Who’s Who: Dr. Ali Al-Hazmi, director of finance transformation at Matarat Holding Co.

Dr. Ali Al-Hazmi has been the director of finance transformation at Saudi state-owned aviation management firm Matarat Holding Co. since 2022.

Matarat manages the operation of 27 airports in Saudi Arabia. In his role, Al-Hazmi manages and leads projects, and monitors economic development.

Over the course of his career, Al-Hazmi was a visiting economic lecturer at Umm Al-Qura University in 2021, where he guided talents on macroeconomic principles, theories, and models of economic development.

He is also a local and international media relations consultant and an economic writer and analyst.

In addition to that, he worked in Saudia airline as director of cash management and investment from 2020 to 2022, senior manager of loan management in 2019, manager of financial risk from 2016 to 2018, tax department manager in 2018, and a treasury supervisor from 2009 until 2015.

He also worked as a mathematics instructor at the Ministry of Education from 2004 until 2006.

He has been a member of the Saudi Economic Association since 2019, a member of the Association of Financial Professional since 2008, a member of the International Academy of Business and Financial Management since 2016, and a co-founder of Islamic Finance Classes at Virginia Commonwealth University in the US in 2009.

Al-Hazmi holds certifications including governance and risk compliance, honing your managerial talent, crisis management, leadership and decision making, conflict management and emerging leadership.

He holds a bachelor’s degree in mathematics from Jazan University, an English language diploma from Virginia Commonwealth University in the US and a diploma in Euromoney from Euromoney Institutional Investor PLC in the UK.

He also received a master's degree in business science with a concentration in finance from Virginia Commonwealth University, and a Ph.D. in financial economics from Umm Al-Qura University.
 


Syrian foreign minister congratulates Saudi counterpart on Founding Day

Updated 24 February 2026
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Syrian foreign minister congratulates Saudi counterpart on Founding Day

  • Asaad Al-Shaibani and Prince Faisal bin Farhan also discuss developments in Syria and the wider region, as well as bilateral cooperation
  • This year’s Founding Day marked the 299th anniversary of the establishment of the First Saudi State

RIYADH: Syria’s foreign minister, Asaad Al-Shaibani, on Monday congratulated his Saudi counterpart, Prince Faisal bin Farhan, on Founding Day, which this year marked the 299th anniversary of the establishment of the First Saudi State.

During their telephone conversation the ministers also discussed the latest developments in Syria and the wider region, along with ways in which they might strengthen bilateral relations, the Saudi Press Agency reported.

Prince Faisal reaffirmed the Kingdom’s support for Syria’s sovereignty, unity and territorial integrity, and highlighted the need for regional stability and security, the Syrian Arab News Agency said.

Founding Day, which was introduced in 2022, is celebrated each year on Feb. 22 and marks the founding of the First Saudi State in 1727.