Mohammed bin Ali Aba Al Khail
Mohammed bin Ali Aba Al Khail | |
|---|---|
| Born | Template:Birth year and age Buraidah, Saudi Arabia |
| Occupation | Politician |
| Years active | 1956–1995 |
| Known for | Minister of finance and national economy of Saudi Arabia (1975–1995) |
Mohammed bin Ali Aba Al Khail, also referred to as Mohammed bin Ali Abalkhail (; born 1935), is a Saudi Arabian official who held the position of minister of finance and national economy from October 1975 until August 1995.
Early life and education
Born in Buraidah in 1935 into a family from Najd, Abalkhail completed his undergraduate studies in commerce at Cairo University in 1956.
Career
Between 1956 and 1962, Abalkhail was employed by the ministry of communications, advancing from assistant director to director. At the behest of Crown Prince Faisal in 1962, he established and directed the Institute of Public Administration in Riyadh, a role he fulfilled until 1965. He held the position of deputy minister of finance and national economy from 1963 through 1970, after which he became deputy minister of state for finance and national economy starting in 1970. On 10 February 1972, he was named minister of state for financial affairs and national economy. The following year, in March 1973, he assumed the role of minister of state for foreign affairs and became a member of the Supreme Council on Petroleum.
King Khalid appointed him as minister of finance and national economy on 14 October 1975, succeeding Musaid bin Abdul Rahman Al Saud. A significant event during his term was leading an official delegation to Beijing in November 1992, where he signed agreements concerning economy, commerce, and investment with Chinese authorities. His service concluded on 3 August 1995 when Suleiman bin Abdulaziz Al Sulaim took over the position.
In addition to his governmental duties, Abalkhail served as chairman of the Saudi International Bank based in London and led the Centre for Economics and Management Studies located in Riyadh.
Personal life and honors
In 1967, Abalkhail married his cousin. His accolades include the King Abdulaziz 2nd Class Sash, Egypt's Republic Medal 2nd Class, Niger's Medal for Leader Status, Pakistan's Crescent Medal, as well as Belgium's Order of Leopold II.