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Monday, September 09, 2024

Saudi MBS on Abukhaled stepping down as SAMI’s CEO, Al-Madi’s appointmentnote

Saudi Arabian Military Industries (SAMI) CEO Walid Abukhaled resigned from his position on 29/8/2024.

SAMI's Vice Chairman Omar Al-Madi was appointed as SAMI’s interim CEO.

The note provides a comprehensive overview of the following aspects:

- The rumored reasons behind Abukhaled’s resignation

- The reason behind Saudi CP Mohammad Bin Salman and his brother Defense Minister Prince Khaled choosing Al-Madi

- Major Saudi officials Al-Madi has strong connections with

The note also highlights the impact of appointing Al-Madi as SAMI’s interim CEO on major defense projects.


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