Adel bin Muhammad Fakeih
(born 1 July 1959) (Arabic:عادل فقيه) is a
engineer and the former mayor of Jeddah
. He was the minister of labor from 18 August 2010 to April 2015. Between 21 April 2014 and 8 December 2014 he also served as the minister of health.
He was the minister of economy and planning between 2015 and 2017.
Early life and education
Fakeih was born in Mecca
in 1959 into a family known for its active members in the fields of finance and business. His father was a businessman and published poet, and his uncle is chair of the Fakeih Group.
Adel Fakeih obtained a bachelor of science degree in industrial engineering from King Abdulaziz University
Fakeih worked in both private and public sectors, holding several prominent positions such as Chairman of Al Jazeera Bank and a member on the board of directors of the Trade and Industrial Chamber of Commerce in Jeddah
He served as a member on the commissions of different organizations, including the Holy Mecca Provincial Council, the Supreme Commission for Tourism and Antiquities
, the Royal Commission for Jubail and Yanbu
, the Fund for Management of Human Resources, the Hail Development Authority, the Power Services Regulation Authority, and the Al Marai Group.
He was also the chairman of the council of directors of the Saudi Arabian Glass Company and the Sagco.
Chairman of Savola
From 1993 to 2005 he served as the chairman of the Savola Group
, Saudi Arabia's biggest food company, as well as many of its subsidiaries.
Mayor of Jeddah
Adel Fakeih was appointed mayor of Jeddah in March 2005.
In 2006, the project to turn the Old Airport of Jeddah into a new 12 million m2 city was launched.
In 2008, the Central Jeddah Redevelopment Project, which consisted of revitalizing a 6 million m2 area including the historic downtown, was also launched.
In 2009, the city of Jeddah revealed the project for the construction of the King Abdullah Sports City
The city unlocked a $1.3 billion budget to further develop the city's infrastructure that same year, for the construction of bridges, tunnels, roads and parks in Jeddah.
In 2009, he collaborated with a recruitment initiative targeting Saudi locals, Bab Rizq Jameel, and dedicated 22 market stalls to Saudi women in the Al-Safa neighborhood (northern Jeddah) to use for displaying and selling merchandise.
He was replaced by Hani Abu Ras as mayor in August 2010.
Minister of labor
In 2014, Adel Fakeih signed a memorandum of understanding with the Sri Lankan minister of foreign employment promotion and welfare Dilan Perera
to improve the rights of Sri Lankan household workers in the Kingdom, regarding their passports and salaries.
He reviewed estimated figures by the Central Department of Statistics following discrepancies between unemployment data and the number of applicants to the national monthly unemployment allowance.
In June 2011, he introduced the Nitaqat program
. It reviewed the existing quota system and made it more effective as it took into account the different sectors and sizes of companies. It also enforced sanctions on delinquent firms: following a 2013 crackdown on the black market in foreign labor, over a million people left the country.
He announced 38 amendments to the country's labor legislation including more training for Saudi workers, longer fixed-term contracts, and greater inspection powers for ministry officials.
Minister of economy and planning
Adel Fakeih's term as minister of labor ended in April 2015 when he was appointed minister of economy and planning. He replaced Muhammed Al Jasser
in the post,
and was commissioned by Crown Prince Mohammad bin Salman
to develop reforms aimed at ending the Kingdom' s vulnerability to an unpredictable oil market.
In February 2016, Adel Fakeih's Economy and Planning Ministry was reported to have collaborated with the Crown Prince to develop a national transformation plan to this effect, which was officially introduced as Vision 2030
in April that same year.
In March 2017, he played a forefront role at a Saudi-Chinese Investment Forum in Riyadh during which 45 agreements were signed between China and the Kingdom.
In April 2017, he received South Korean Minister of Trade, Industry and Energy Joo Hyung-hwan
to strengthen bilateral trades between the two countries, in light of the Kingdom's industries' diversification from oil.
He also joined the board of the Public Investment Fund
He was removed from his position after the Royal Decree announced on 4 November 2017, replaced by his deputy Mohammad Al Tuwaijri, who was also the former Head of Global Banking and Markets, Middle East and North Africa (MENA) at The Saudi British Bank.
Fakeih's wife, Maha Fitaihi, is a leading businesswoman and social figure. They have five children.
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Last edited on 20 April 2021, at 06:38
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