Amr Al-Dabbagh Explained

Amr Al-Dabbagh
Birth Name:Amr Abdullah M.A. Al-Dabbagh
Birth Date:1966
Nationality:Saudi Arabian
Alma Mater:King Abdulaziz University
Occupation:Businessman and 2nd Governor of SAGIA (2004–2012)
Years Active:1984–present
Relatives:Yasmeen Al-Dabbagh (daughter)

Amr Al-Dabbagh (born 1966) (Arabic: عمرو الدباغ) is a Saudi businessman. He headed the Saudi Arabian General Investment Authority (SAGIA) from 2004 to 2012.[1] [2]

Early life and education

He was born to Abdullah Al-Dabbagh, a former Saudi Minister for Agriculture in 1966.[3]

He obtained his Bachelor of Business Administration from King Abdulaziz University.

Career

He is chairman and CEO of Al-Dabbagh Group (ADG). The business is a family conglomerate founded in 1962 by his father, Abdullah Mohammed Ali Al-Dabbagh, the former Minister of Agriculture of Saudi Arabia.

He was governor of the Saudi Arabian General Investment Authority (SAGIA).[4] [5] [6] [7]

He was the founding Chairman of the think tank the Jeddah Economic Forum. He has been a board member of the Jeddah Chamber of Commerce & Industry.

In 2015, he created Philanthropy University which offers Massive Open Online Courses (MOOCs) to Global South non-profit leaders.[8] The initiative was created with the collaboration of Institute for Business and Social Impact at the Haas School.[9] [10]

He founded the UK based Stars Foundation that operated from 2001-2020.[11] [12]

Corruption allegations

See main article: article and 2017 Saudi Arabian purge. In November 2017, Al-Dabbagh was detained as part of what was called a wide-ranging "anti-corruption" purge that also ensnared Saudi Princes Alwaleed bin Talal and Miteb bin Abdullah.[13] [14]

On November 4, it was claimed that Dabbagh was called from Jeddah to the Ritz Carlton, a luxurious Riyadh hotel that had been converted into a makeshift prison for hundreds of Saudis suspected of corruption by the authorities, and was detained together with other prominent Saudi officials and businessmen.[15]

Along with Dabbagh, Adel Fakeih, the former economy minister of the country, and Hani Khoja, were kept in custody.[16]

Dabbagh continued to deny the charges against him.[17] Until 20 December 2018, there was no specific charges against Al-Dabbagh, or any legal proceedings. He was released without charge on 23 January 2019.[18]

External links

Notes and References

  1. Web site: Al-Dabbagh of Saudi Investment Authority Discusses Reforms and Strategies for Growth Columbia SIPA . 2023-09-25 . www.sipa.columbia.edu . en.
  2. Web site: New champion for Saudi’s economic cities Financial Times . 2023-09-25 . www.ft.com.
  3. Web site: The Dabbagh Family . Arabian Business.
  4. Web site: Saudi Arabia Data . 3 December 2015 . World Bank.
  5. Web site: 10 October 2010 . Annual Report of FDI INTO SAUDI ARABIA 2010 . dead . https://web.archive.org/web/20160303235829/https://www.sagia.gov.sa/Documents/Download%20center/SAGIA%20Publications/Annual%20Report%20of%20FDI%20into%20Saudi%20Arabia%202010%20.pdf . 3 March 2016 . 3 December 2015 . SAGIA . National Competitiveness Center.
  6. Web site: Doing Business 2010 – World Bank Group . 3 December 2015 . Doing Business.
  7. News: 20 March 2015 . Saudi Arabia's new desert megacity . BBC News . 3 December 2015.
  8. News: Online University Helps Philanthropic Groups and Their Leaders. The New York Times. 16 October 2015. 2 December 2015. 0362-4331. Paul Sullivan.
  9. Web site: UC Berkeley and Saudi Donor Start New Online 'Philanthropy University'. The Chronicle of Philanthropy. 2 December 2015.
  10. Web site: U.C. Berkeley launches Saudi-funded Philanthropy University . 2023-10-04 . www.bizjournals.com.
  11. Web site: Stars Foundation Impact Awards 2011 Global development The Guardian . 2023-10-11 . the Guardian . en.
  12. News: Scott . Craig . 2012-12-05 . STARS Foundation: Ten years of changing lives . en-GB . The Guardian . 2023-10-04 . 0261-3077.
  13. Web site: Billionaire prince among dozens arrested in Saudi sweep. ABC. 5 November 2017.
  14. News: Saudi Arabia detains princes, ministers in anti-corruption probe. Reuters. 5 November 2017 . 5 November 2017.
  15. News: 2017-11-09 . Saudi anti-corruption probe 'finds $100bn was embezzled' . en-GB . BBC News . 2023-10-04.
  16. Web site: 'Disappeared': Saudi business chiefs languish in jail as MBS chases UK deals . 2023-09-25 . Middle East Eye . en.
  17. News: 2017-11-08 . Saudi Arabia makes fresh arrests in anti-graft crackdown: sources . en . Reuters . 2023-10-04.
  18. News: Saudi businessman, two consultants released from detention: sources. 5 June 2020. Reuters. 24 January 2019. Riyadh.

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