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Hussam bin Saud Al Saud
Saudi royal, businessman, and politician (born 1960) From Wikipedia, the free encyclopedia
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Hussam bin Saud Al Saud (Arabic: حسام بن سعود آل سعود Ḥussam ibn Su'ūd Āl Su'ūd; born 23 May 1960) is a Saudi Arabian politician and businessman who is the governor of Al Bahah Province since 2017. He is the son of King Saud who ruled from 1953 to 1964[1] and one of the grandsons of Saudi's founder King Abdulaziz.
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Early life and education
Prince Hussam was born on 23 May 1960.[2][3] He is the fifty-second son of King Saud,[4] and his mother is Noura bint Abdullah Al Damer.[3]
Prince Hussam has a degree in economics from King Saud University and master's degree in economics from London School of Economics.[4] He also holds a PhD in economic theories of unemployment and its impact on government policies from Birkbeck College of University of London which he received in 1989.[2][4]
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Career
Prince Hussam is a businessman and has many business activities like Arabian Plastic Compound and NAHL Water Factory in Egypt and Lebanon. He is also the chairman of Saudi-Kuwait Holding, set up to provide investment in both countries. He is the former chairman of Zain Saudi Arabia.[5][6]
In April 2017, he was named governor of Al Baha province.[4]
Personal life
Prince Hussam is married to Princess Sara bint Musaed bin Abdulaziz, and they have five children.[7] In 2010, one of his sons, Prince Saud bin Hussam, married a daughter of Prince Khalid bin Musaed bin Abdul Rahman in Riyadh.[8][9]
He has been involved in a long running legal dispute with Mobile Telecommunications Company KSCP. In 2012 Mobile Communications benefitted from an Arbitration award against the Prince for a sum in excess of $500 million, which is said to exceed $1 billion in 2025 when interest and costs are added. The Prince has not paid the award. In 2018 a Court in London sentenced him, in his absence, to 12 months imprisonment for contempt of Court although a more recent attempt by his creditor to bankrupt him in the UK has failed.[10]
References
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