GulfBase Live Support
Saudi Aramco, a global petroleum and natural gas company, has appointed Khalid H Al-Dabbagh as senior vice president of Finance, Strategy & Development, effective September 1.
Al-Dabbagh has been the company’s financial controller since January 2012. He was responsible for Saudi Aramco’s global accounting activities, issuance of the annual financial report and the maintenance of effective internal controls.
He provided business intelligence and advisory services, and was responsible for developing and maintaining corporate performance programs. Al-Dabbagh also oversaw the annual operating and capital budgeting processes, and the evaluation of proposed investments by the company.
In October 2010, Al-Dabbagh was appointed treasurer after serving as the acting executive head of Treasury since February 2010. From September 2008, he was the manager of Business Analysis Department at Corporate Planning. Prior to that, Al-Dabbagh was the acting executive director of Marketing, Supply and Joint Venture Coordination.
Previous positions he held included manager of Saudi Aramco’s Crude Oil Sales and Marketing; director of Joint Venture Development and Support; president and CEO of Saudi Petroleum International Inc. in New York; and general manager of Saudi Petroleum Limited in Tokyo. Al-Dabbagh has also served as a Board Director with Showa Shell, Fujian Refining and Petrochemical Company, Luberef, SUMED, and vice chairman of Sinopec SenMei Products Company.
Al-Dabbagh has been a Board member of Saudi Aramco Energy Ventures, the Saudi Aramco Entrepreneurship Center, and the Netherland’s Arlanxeo JV. He also served as a Board member of Aramco Trading Company and the chairman of their Board Audit Committee. He is currently a Board member of Sadara; and the Pengerang Refining and Petrochemical (PrefChem) joint venture with Malaysia’s Petronas. In addition, he represents Saudi Aramco on the Board of Governors of the GCC Board Directors Institute.
Al-Dabbagh earned a bachelor’s degree in industrial engineering from the University of Toledo. He has completed a number of executive leadership programmes, including the Senior Executive Programme at London Business School.
Saudi Aramco has completed its purchase of a 70 percent stake in petrochemicals company Saudi Basic Industries for $69.1 billion and extended the payment period by three years to 2028, providing a cu
Saudi Aramco, a world leading integrated energy and chemicals company, and leading specialty chemicals company, Lanxess, announced in a press release issued last Aug. 8 that Saudi Aramco proposed acq
Saudi Aramco, Air Products, and Acwa Power today announced the signing of a term sheet to form a gasification/power joint venture (JV) located at Jazan Economic City (JEC) in Saudi Arabia.
Bahrain’s Investcorp slipped into a $165 million loss for the 12 months ended June 30, against profits of $131 million a year ago.
The COVID-19 played its part in the loss, as fee income c
Aramex, a leading provider of logistics and transportation solutions, has registered a 4 per cent growth in its revenues for the second quarter which surged to hit AED1.32 billion ($359 million), com
Abu Dhabi based investment company Waha Capital recorded a net loss of Dh27.2 million - attributable to shareholders - for the first six months of 2020, an improvement on the Dh124.38 million it rec
First Abu Dhabi Bank (FAB), recently announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25 billion five-year issuance.
The Gulf Today
UAE's leading telecom services operator Etisalat Group has announced that the interim dividend of 15 fils per share for the second quarter will be paid out starting from August 11 through the First A