Who’s Who: Fadi Al-Awami, fintech adviser and founder of The Consultation Center

Fadi Al-Awami
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Updated 11 May 2023
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Who’s Who: Fadi Al-Awami, fintech adviser and founder of The Consultation Center

Licensed financial adviser Fadi Al-Awami founded The Consultation Center, which supports small- and medium-sized enterprises, in 2018.

He advises on the feasibility of financial services and technology-related products and services offered in Saudi Arabia.

The center helps applicants in obtaining relevant licenses from the Saudi Central Bank, advising on strategy and operating models for local and global financial technology companies, and connecting fintech firms with banks, regulators, and government entities that support initiatives such as Fintech Saudi, and the Small and Medium Enterprises General Authority (Monsha’at).

Al-Awami was appointed a member of the Global Impact FinTech Forum for his contributions to the fintech industry.

In 2019, he worked as a training consultant for the World Bank Group on one of its projects in Saudi Arabia with Monsha’at.

From 2016 to 2018, he was the regional business development manager at the Gulf Finance Corp. in Riyadh, where his responsibilities included overseeing administrative functions, driving sales management campaigns, and leading teams in achieving business targets.

During his time there, he generated new accounts and increased the corporation’s business network through strategic sales execution and customer service.

In 2010, he co-founded Danat Al-Majd for A/C Projects in Alkhobar, monitoring daily operations and directing teams toward realizing revenue and service goals.

Between 2002 and 2009, he worked in the banking sector for various banks, gaining extensive experience in operations from retail and corporate divisions.

With more than 15 years working as a financial and business adviser to SMEs and the fintech sector, he has achieved success in designing and implementing strategic business management plans to achieve revenue expectations and ensure financial sustainability, while sharing his knowledge about SMEs and entrepreneurship through media articles.

Al-Awami is also a member of the Asharqia Chamber’s finance committee in Dammam, and the Council of Saudi Chambers’ finance and insurance national committee.

He gained a bachelor’s degree in finance from King Fahd University of Petroleum and Minerals in Dhahran and is an accredited SME consultant with the Saudi Ministry of Commerce.


UAE FM Sheikh Abdullah arrives in Riyadh to attend Syria meeting

Updated 4 sec ago
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UAE FM Sheikh Abdullah arrives in Riyadh to attend Syria meeting

  • Welcomed at King Khalid International Airport by Saudi Deputy FM Waleed Al-Khuraiji

RIYADH: Sheikh Abdullah bin Zayed Al-Nahyan, the UAE Deputy Prime Minister and Minister of Foreign Affairs, arrived in Riyadh on Saturday, the Saudi Press Agency reported.

He was welcomed at King Khalid International Airport by Saudi Deputy Foreign Minister Waleed Al-Khuraiji.

Sheikh Abdullah is in the Kingdom to attend an expanded ministerial meeting on Syria to be hosted by Saudi Arabia on Sunday, SPA added.


Saudi Arabia condemns attack on Chad’s presidential palace

Updated 45 min 9 sec ago
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Saudi Arabia condemns attack on Chad’s presidential palace

  • The attack, which occurred on Wednesday, involved gunmen attempting to storm the palace

RIYADH: Saudi Arabia on Saturday strongly condemned the recent attack on the presidential palace in N’Djamena, Chad, which left 19 people dead, including a soldier guarding the complex, and injured others.

The Ministry of Foreign Affairs issued a statement reaffirming Saudi Arabia’s steadfast support for Chad’s security and stability, while rejecting any actions that threaten the country’s peace, the Saudi Press Agency reported.

In its statement, the Ministry extended heartfelt condolences to the family of the fallen soldier and to the government and people of Chad. The Kingdom also wished a swift recovery for those injured in the assault.

The attack, which occurred on Wednesday, involved gunmen reportedly linked to Boko Haram attempting to storm the presidential palace, prompting a fierce battle.

The Chadian government confirmed that 18 attackers from a 24-member commando unit were killed in the fighting, alongside one security personnel. Tanks were deployed to secure the area.


GCC secretary general receives New Zealand’s ambassador to Saudi Arabia

Updated 3 min 34 sec ago
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GCC secretary general receives New Zealand’s ambassador to Saudi Arabia

  • Al-Budaiwi congratulated Kingston on his appointment as New Zealand’s ambassador to Saudi Arabia, wishing him success in his duties

RIYADH: Secretary-General of the Gulf Cooperation Council Jasem Al-Budaiwi recently received New Zealand’s Ambassador to the Kingdom Charles Kingston at the General Secretariat’s headquarters in Riyadh.

Al-Budaiwi congratulated Kingston on his appointment as New Zealand’s ambassador to Saudi Arabia, wishing him success in his duties, the General Secretariat wrote in a report.

During the meeting, they also discussed a number of topics of mutual interest, notably the progress of negotiations for the free trade agreement between the GCC countries and updates on the joint action plan between the two sides. They also exchanged views on several regional and international issues.​

 

 


Saudi authority issues health warning on food import

Updated 11 January 2025
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Saudi authority issues health warning on food import

RIYADH: The Saudi Food and Drug Authority issued a warning about Country Butcher Boy beef pepperoni, manufactured in the UAE.

According to the Saudi Press Agency, the 250-gram packages with an expiration date of March 1, 2025, are contaminated with Listeria monocytogenes, a bacterium posing serious health risks, confirmed by lab tests.

The authority advised the public to avoid consuming the product and dispose of any units they may have.

Steps have been taken to remove the contaminated product from the market, and regulatory action is being pursued against the importing company, the SPA reported.

Violations of food laws can result in severe penalties, including up to 10 years in prison, fines of up to SR10 million ($2.6 million), or both.

The authority reiterated its commitment to food safety and will continue taking action against violators. Consumers can report food safety concerns to the authority’s call center at 19999.


Thai Embassy joins Riyadh greening initiative

Updated 11 January 2025
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Thai Embassy joins Riyadh greening initiative

RIYADH: The Royal Thai Embassy recently took part in a volunteer initiative at Aba Samri National Park in the Murat governorate of Riyadh region, in collaboration with the National Center for Vegetation Cover Development and Combating Desertification.

Part of the National Greening Season, the activity aims to enhance vegetation, curb land degradation, and plant native and adaptive species, supporting the Saudi Green Initiative, the Saudi Press Agency reported.

The embassy’s involvement promotes vegetation restoration and aligns with the center’s call for broader environmental engagement from all sectors. The scheme improves air quality, reduces dust storms and restores ecosystems, the SPA added.

The National Greening Season, a core element of the broader program, fosters public-private partnerships, volunteerism, and awareness about afforestation and combating desertification.

The center leads efforts to protect and restore vegetation sites across Saudi Arabia, addressing challenges such as wildfires, illegal logging and unregulated grazing to safeguard natural ecosystems.