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Minister of Investment resume

HE Eng. Khalid bin Abdulaziz Al-Falih

Minister of Investment

About The Minister

As Minister of Investment, HE Khalid Al-Falih leads a multi-disciplinary and multi-specialty team that contributes to exceptional achievements in the field of developing the investment environment in the Kingdom, attracting national and foreign investments to various vital and promising economic sectors, and supporting the Saudi private sector’s investments outside the Kingdom, in addition to driving the growth of the private sector in the Kingdom, which is a major goal of the Kingdom’s “Vision 2030”, and an important factor in the efforts to diversify the Kingdom’s national economy

His Excellency Khalid A. Al-Falih has been Minister of Investment of the Kingdom of Saudi Arabia since 25 February 2020. He previously served as Minister of Energy, Industry and Mineral Resources from May 2016 to September 2019, as Minister of Health from April 2015 to May 2016, and as Chairman of the Saudi Arabian Oil Company (Saudi Aramco) Board of Directors from April 2015 to September 2019. Prior to his appointment as Chairman, HE Al-Falih also held key leadership positions across the company, including President and Chief Executive Officer from January 2009 to May 2015.

HE Al-Falih has been consistently recognized for his record in spearheading the strategic transformation of leading sectors and organizations across Saudi Arabia. His achievements include driving large-scale business initiatives and industrial projects, building organizational capacity for the benefit of Saudi citizens through economic and social programs, and enhancing the performance and impact of complex organizations.

For many years, he has taken a particular interest in leveraging business activities to fuel social development and economic diversification; fostering strong collaboration between Saudi Arabia’s public, private and academic/research sectors; and promoting the importance of the fields of science and digital technology among young people.

Minister Al-Falih remains committed to enriching society through the nurturing of entrepreneurship and innovation; the creation of a knowledge-based society equipped to meet the challenges of the future; the creation of new business and human resource development opportunities; and the protection of the environment.

In 2009, in recognition of his efforts in serving his country, HE Khalid Al-Falih was awarded the King Abdulaziz Medal, Excellent Class, which is the highest medal given to civilians in the Kingdom. In 2018, in the presence of His Majesty the Japanese Emperor, the Japanese Prime Minister awarded him the Order of the Rising Sun, first class, for his contribution to strengthening Saudi Japanese cooperation in the fields of energy and industry. In 2016, he received the Outstanding Executive Management Award in the Petroleum Industry for that year, an award given every year by the Energy Intelligence Group.

In 1982, HE Khalid Al-Falih graduated with a Bachelor of Science degree in mechanical engineering from Texas A&M University, in the United States of America. He also obtained a master’s degree in business administration from King Fahd University of Petroleum and Minerals, in Dhahran, in 1991. He was awarded an honorary doctorate from the Korea Advanced Institute of Science and Technology in 2009.

In 2009, HE Al-Falih received the prestigious King Abdulaziz Medal (First Class), which is Saudi Arabia’s highest civilian honor for service to the country. HE Al-Falih has received many notable awards and recognitions throughout his career. In 2018, the Japanese government awarded him its national decoration, The Order of the Rising Sun. In 2016, he was recognized as Energy Intelligence Petroleum Executive of the Year.


HE Al-Falih earned a Bachelor of Science degree in Mechanical Engineering from Texas A&M University in 1982 and completed his MBA at KFUPM in 1991. In 2009, he received an honorary doctorate from the Korea Advanced Institute of Science and Technology

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