Saudi Press

Saudi Arabia and the world
Friday, Feb 27, 2026

Abdullah Bakhraibah Named CEO of Arab Investment Co., Bringing 16 Years of Finance Expertise

Abdullah Bakhraibah brings 16 years of experience as CEO of Arab Investment Co., owned by 17 Arab governments.
**Abdullah Bakhraibah Appointed CEO of Arab Investment Co., Bringing 16 Years of Expertise**: Abdullah Bakhraibah has been named the CEO of Arab Investment Co., an institution owned by 17 Arab governments, bringing over 16 years of finance and investment experience to the role.

**From Humble Beginnings to Regional Powerhouse: Qatif Central Fish Market's Journey Since 1947**: Speaking of impactful leadership, the Qatif Central Fish Market, established in 1947, has flourished into the Middle East's largest fish market under the guidance of Hassan and later Saeed Kofair, currently managed by the third generation, supporting local fishermen and diversifying its seafood sources.

**Israeli Defense Minister Advocates Full Military Force Against West Bank Militants Amid Rising Violence**: Meanwhile, in geopolitical news, Israeli Defense Minister Yoav Gallant has called for full military force against Palestinian militants in the West Bank following deadly raids, primarily targeting areas like Jenin, Tulkarem, and Tubas.

**Survivor of Hamas Attack Urges UN to Address Trauma of Israeli Children**: The tragic consequences of such violence are also highlighted by Sabine Taasa, a survivor of a Hamas attack urging the UN to focus on the trauma faced by Israeli children, including her own, in addition to addressing broader security concerns.

**Israeli Strikes in Southern Lebanon Result in Casualties Amid Escalating Conflict with Hezbollah**: Adding to the tension, Israeli strikes in southern Lebanon have intensified, with casualties reported amid ongoing exchanges of fire with Hezbollah, resulting in over 610 deaths in Lebanon and significant damage on both sides of the border.

**Netanyahu Vows Israel Will Secure Gaza-Egypt Border Corridor to Halt Hamas Weapon Smuggling**: Finally, Prime Minister Benjamin Netanyahu has reiterated Israel's commitment to securing the Philadelphi corridor to prevent Hamas weapon smuggling from Gaza into Egypt, stating that a permanent ceasefire will only be possible with such security guarantees in place.
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