The Minister of Commerce appoints members of the Hail Chamber of Commerce board of directors for the new term
His Excellency the Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, issued an official ministerial decision appointing the members of the Board of Directors of the Chamber of Commerce in the Hail region for the next term, in a step aimed at injecting new blood and enhancing administrative efficiency in the region’s commercial system.
The ministerial decree included the appointment of a select group of national talents to the Board of Directors: Saud bin Farih Abdulaziz Al-Moka, Salman bin Salah Salem Al-Sulaimi, Abdulrahman bin Salem Ibrahim Al-Laq, Ali bin Bandar Ali Al-Sudairi, Fahd bin Fayd Hatal Al-Shammari, and Nayef bin Abdulkarim Abdulhassan Al-Jamil. These individuals were chosen based on rigorous criteria aimed at ensuring a diverse range of expertise to better serve the business sector.
According to the resolution, the new term of the Board of Directors will commence on 22 Rajab 1447 AH and will last for four years. This resolution falls within the new regulatory framework for chambers of commerce, which aims to empower the private sector and activate its role as a strategic partner in economic development, thereby ensuring business sustainability and growth.
Strengthening governance and developing the business environment
This appointment comes within the framework of a comprehensive strategy adopted by the Ministry of Commerce to consolidate the principles of corporate governance in chambers of commerce across the Kingdom. Through the appointment of highly qualified members, the Ministry aims to raise the operational performance of the chambers, ensure fair and effective representation of the business community, and enhance transparency in decision-making that directly affects merchants and investors.
The economic importance of the Hail region
The Hail Chamber of Commerce holds particular importance due to the region's strategic location and economic potential. Hail is a vital hub for numerous economic activities, especially in agriculture, logistics, and heritage tourism. The new board is expected to play a pivotal role in attracting quality investments to the region and removing obstacles facing entrepreneurs, thereby contributing to the creation of new job opportunities for the region's residents.
Keeping pace with the Kingdom's Vision 2030
This decision aligns with the goals of the Kingdom's Vision 2030, which places great importance on the private sector as a key driver of economic growth. The newly formed board will work to harmonize the Chamber's plans with national initiatives and increase the private sector's contribution to the region's GDP by adopting innovative initiatives that support small and medium-sized enterprises (SMEs) and enhance the competitiveness of local products in the market.
