September 2007
Lifetime contribution award: Hamad Al-Sayari
The governor of Sama has led the Saudi economy through a turbulent but ultimately prosperous period during an unprecedented term of almost 25 years.
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Hamad Al-Sayari will – if necessary – be as tough with the Ministry of Finance as he has been with the speculators who have tried to bully Sama into devaluation several times in the past 20 years |
THE PAST 20 years in Saudi Arabia’s history have been eventful: the dramas of the Gulf wars, including the threat that Iraq would invade the kingdom; the economy going from surplus to deficit and back again as oil prices have moved dramatically; very good and very bad times for the business and financial sector; periods of high and low inflation; and attempts by speculators to devalue the Saudi Riyal.
Throughout these years of mixed fortunes, the kingdom’s central bank, the Saudi Arabian Monetary Agency (Sama), has been unwavering in its commitment to sound monetary policies and rigorous regulation of the financial sector.
The man who has been one of the...
More information on lifetime contribution award
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