Three loan agreements were signed between Mauritius and the Saudi Fund for Development (SFFD) this afternoon in Port Louis.
Signatories were the Financial Secretary, Vice Chairman and Managing Director of Saudi Fund for Development (SFFD), H.E Dr Khalid S. Alkhudairy.
The Vice Chairman and Managing Director of SFFD, H.E Dr Khalid S. Alkhudairy, is leading a delegation comprising the Director General of the Legal Department of SFFD, Mr Mohammed A. Al-Jenaidel and the Director of the Public Relations Department of SFFD, Mr Faisal S. Al Khashaiban.
The loan agreements make provision for financing the construction of three priority projects which are namely the New Cancer Hospital, Social Housing Units and the Multi Sports Complex and
Khalid Bin Sulaiman Alkhudairy, Vice President and Managing Director of Saudi Fund for Development.
He has been serving as Executive Director at the Board of the World Bank Group, representing Saudi Arabia (EDS22), since November 1, 2014.
Prior to joining the Bank as an Advisor in 2009, he served the government of Saudi Arabia in various capacities. Mr. Alkhudairy held the position of Economic Advisor in the Division of International Organizations and Financial Institutions, Ministry of Finance (2008 to 2009); Economist (2002 - 2004), and Accounts Analyst (1993 - 2000) in the Division of Economic Affairs, Ministry of Finance and National Economy. Furthermore, Mr. Alkhudairy was a teaching instructor at the Colorado State University, US (2006 - 2007). From 1989 to 1993, he worked as an accountant and as an auditor in the Grain Silos and Flour Mills Organization in Riyadh, Saudi Arabia.
In addition to a PhD in Economics, Mr. Alkhudairy also received a M.A. in Economics from the Colorado State University. He also holds a B.S. in Accounting from the Administration Science College of the King Saud University in Riyadh, Saudi Arabia