Who’s Who: Abdullah Bakhraibah, CEO of Arab Investment Co.

Abdullah Bakhraibah
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Updated 04 September 2024
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Who’s Who: Abdullah Bakhraibah, CEO of Arab Investment Co.

Abdullah Bakhraibah is CEO of the Arab Investment Co. as of August 2024.

The Arab Investment Co., a pan-Arab financial institution established in 1974, is owned by the governments of 17 Arab countries.

Bakhraibah’s experience of over 16 years in finance and investment, both locally and globally, makes him a valuable asset to the company.

In this role, he will lead the company in building and developing its business and achieving its new strategic objectives.

His most recent position was CEO and board member of State Street Saudi Arabia Financial Solutions, a Capital Market Authority-licensed subsidiary of State Street Corp., one of the world’s largest global financial institutions.

During his tenure, he spearheaded the opening of their office in the Kingdom, expanded their business presence, launched local portfolio management, and endorsed local partnerships.

He served as a member of CMA’s Capital Market Institutions Committee in 2020 for two years.

Prior to that, Bakhraibah served as head of business and products development at Ashmore Investment Saudi Arabia from 2019 to mid-2020 where he chaired the board of Ashmore’s investment funds and Tazah Limited Co.

From 2015 to 2018, he was head of sales in Saudi Arabia for Gulf International Bank (UK) and GIB Capital where he led the business development and represented GIB Capital’s debt capital market team in the issuance of $12.5 billion bonds with the National Debt Management Center at the Saudi Ministry of Finance in 2017.

Bakhraibah’s professional journey also includes various roles at SAB, including structured derivatives and treasury risk advisory from 2008 to 2015. He began his career at SAB as a money market and investment dealer in the treasury department in 2008.

Bakhraibah earned a master’s degree in business administration from the London Business School in 2020 and a bachelor’s degree in management information systems from the King Fahd University of Petroleum and Minerals in 2008.


National program identifies 165 native plants for afforestation efforts in Asir

Updated 29 December 2025
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National program identifies 165 native plants for afforestation efforts in Asir

  • The survey is part of broader plans focused on restoring degraded land, using native vegetation 

JEDDAH: Saudi Arabia’s National Afforestation Program has identified more than 165 species of native plants suitable for afforestation in the Asir region, highlighting the ecological diversity of one of the Kingdom’s most environmentally varied areas, the Saudi Press Agency reported.

The findings form part of broader national efforts to expand vegetation cover, address land degradation, and support sustainability goals linked to the Saudi Green Initiative and Vision 2030.

According to the program, the identified species are distributed across a wide range of natural environments in Asir, including mountainous terrain, highlands, slopes, valleys, plains, rocky landscapes, and coastal areas stretching from the Red Sea to Tihama.

The species belong to numerous plant families, including Fabaceae, Anacardiaceae, Burseraceae, Capparaceae, Ebenaceae, Euphorbiaceae, Malvaceae, Myrtaceae, Oleaceae, and Primulaceae, among others.

Plants suitable for afforestation range from large and small trees to perennial and annual shrubs, herbs, succulents, bulbs, and climbing plants. 

Among the most notable species identified are the grey mangrove, mastic tree, mooring or ben tree, juniper, sycamore fig, wild olive, henna, wild jasmine, hawthorn, and arak.

The Saudi Arabian Botanical Society described the announcement as an important step in protecting plant diversity and strengthening the ecosystem conservation in the Kingdom. 

Munirah bin Hamad Al-Hazani, founder and president of the society, said that prioritizing native species is central to sustainable afforestation.

“Focusing on the cultivation of native plants adapted to diverse environments forms the cornerstone of sustainable afforestation projects, as it plays a pivotal role in enhancing vegetation cover, combating land degradation, and conserving natural and financial resources,” she told Arab News.

Al-Hazani added that long-term success depends on cooperation between government bodies and the nonprofit sector, alongside community involvement and environmental awareness programs.

The National Afforestation Program has increasingly emphasized community participation, working with government agencies, private companies, and nonprofit organizations to support planting initiatives and environmental education. Its approach includes promoting volunteerism and discouraging harmful environmental practices, while focusing on the use of native plants adapted to local conditions.

Parallel efforts are underway in other regions of the Kingdom to support vegetation restoration through research and infrastructure development. In Jouf, often referred to as the Kingdom’s food basket, the King Salman bin Abdulaziz Royal Reserve Development Authority has established a Central Nursery and a Wild Seeds Research and Production Station to address the growing demand for reliable sources of native seeds and seedlings.

The project was launched in 2023 under the directive of Prince Abdulaziz bin Saud bin Naif, the minister of interior and chairman of the authority’s board of directors. 

Since then, the facilities has become a key component of vegetation restoration efforts within the reserve.

The authority has focused on building operational capacity by recruiting and training specialists to manage cultivation and research activities. The research and production station includes 14 mother-seed production fields containing over 400,000 trees and shrubs. 

Planting began in late 2024, with more than 30 native plant species represented, selected for their role in the reserve’s natural ecosystem. 

The facility also includes two seed storage units with a combined capacity of 3,000 kilograms. Seeds are collected annually from multiple sites within the reserve and used for seedling production habitat rehabilitation.

The Central Nursery spans 6,000 square meters and includes 30 greenhouses spanning 1,500 square meters, as well as two shade houses used during summer months. A plant hardening facility, designed to prepare seedlings for natural environmental conditions, covers 10,000 square meters and is divided into seven sections. The nursery’s annual production capacity reaches 1.5 million seedlings, representing more than 15 native plant species. 

Together, these initiatives underscore the growing role of native plant research and propagation in Saudi Arabia’s afforestation strategy, particularly as the Kingdom works to balance environmental restoration with long-term sustainability goals.