Regional News



Asry appoints new Internal Audit and Legal Affairs Managers



In line with the company’s ongoing plan to steadily enrich its national cadre base in order to achieve further sustainable growth and to ensure the advancement of women’s progression and equal participation in all spheres, Asry, the leading ship and rig repair yard in the Arabian Gulf, has announced the appointment of Layla Mukhtar as the new Internal Audit Manager and Fatima AlRayes as the Legal Affairs Manager.

Asry Managing Director, Mazen Mohammed Matar, welcomed the new managers and commented: “Asry has made a great success attracting skillful and experienced national female competencies to join our management team, and we look forward to their positive contributions.”

Layla Mukhtar is a certified Public Accountant from the New Hampshire Board of Accountancy and holds bachelor’s degree in Business Information Systems from University of Bahrain.

AlRayes holds a bachelor’s degree in Law from University of Bahrain and has more than 12 years of experience in the field.  




Mohamed Al-Mady wins GPCA Legacy Award “Al-Rowad” 2022

The Gulf Petrochemicals and Chemicals Association (GPCA) will recognise Mohamed Al-Mady, former Vice Chairman and CEO, Sabic (1998–2015) and Founding Chairman, GPCA (2006–2015), with the 4th GPCA Legacy Award “Al-Rowad” – The Honor of a Lifetime.

Mohamed Al-Mady will be recognised at a special award ceremony during the 16th Annual GPCA Forum on 6 December 2022 in Riyadh, Saudi Arabia for his role in developing and advancing Sabic and making tremendous contributions to the chemical and petrochemical industry in Saudi Arabia.

Al-Mady, a renowned industry pioneer, will be awarded during GPCA’s flagship event, where industry peers and senior leaders are expected to pay tribute to his accomplishments and celebrate his legacy.

During his management of the company, Sabic’s global ranking grew from 25th in 1998 to 4th in 2015. Between 1998 and 2015, under Al Mady’s leadership and thanks to the government’s support, Sabic’s assets quadrupled to $87.5 billion, its production capacity grew to over 65 million metric tonnes.




James Deluca appointed as Ceer CEO

The board of directors of Ceer – a joint venture between the Public Investment Fund (PIF) and Foxconn – has appointed James DeLuca as the company’s CEO.

DeLuca has over four decades of experience in the automotive sector, including senior leadership roles at both General Motors and VinFast. DeLuca will oversee the development, manufacturing, and sales of Ceer’s portfolio of consumer vehicles with the aim of producing iconically-styled electric cars replete with advanced technologies.

DeLuca led Vietnam-based car manufacturer VinFast as its first CEO, creating South East Asia’s first electric vehicle brand. Prior to VinFast, DeLuca led General Motors’ manufacturing function across the globe, overseeing the company’s production processes while managing over 200,000 employees at 171 plants in 31 countries.

“Saudi Arabia recognises the importance of the automotive sector when it comes to economic growth and job creation, and I am looking forward to shaping Ceer into a car brand that is admired by both Saudi consumers as well as the wider industry,” said DeLuca. “Ceer will help ignite KSA’s automotive sector and create synergies of scale that the automotive industry will benefit from.”




Saudi entrepreneur Dina Alnahdy appointed to mCloud board

mCloud Technologies Corp, a provider of cloud technology solutions, has announced the appointment of Dina Alnahdy to its board of directors, effective November 14.

A sought-after Saudi executive, leader and board member, Alnahdy is globally renowned for her expertise and viewpoints on the circular economy and holds numerous leadership roles in the Kingdom of Saudi Arabia and abroad.

She plays a key role in helping realise the national ambitions of Saudi Vision 2030, in close alignment with mCloud’s recently announced partnership with Google Cloud and the company’s ongoing relationship with Aramco to achieve decarbonisation goals in the Kingdom, mCloud said in a statement.

Currently, Alnahdy is Founding Board Member and CEO of ENTEC Environmental Technology, a national consulting and environmental service company based in Jeddah. Alnahdy serves as a Board Member at the Jeddah Chamber of Commerce and Industry with appointments to the Chamber’s Executive Committee and Industrial Sectorial Council. She is also Chairwoman of the Circular Economy Company, enabling businesses worldwide to adopt innovative practices.”