Khalid A. Al-Falih
Photo: World Economic Forum from Cologny, Switzerland, CC BY-SA 2.0, via Wikimedia Commons13

Khalid A. Al-Falih

Saudi businessman and manager

Khalid bin Abdulaziz Al-Falih (Arabic: خالد الفالح Khālid al-Fāliḥ; born 1960) is a minister of state and member of Council of Ministers of Saudi Arabia, and he served as Minister of Investment of Saudi Arabia from 25 February 2020 to 12 February 2026. He served as Minister of Energy of Saudi Arabia and chairman of Saudi Aramco.2

From Wikipedia’s article on Khalid A. Al-Falih (this version), CC BY-SA 4.0.

Born 1959.1

About

He also has previously served as the Saudi Arabian Health Minister and Aramco's CEO.

From Wikipedia’s article on Khalid A. Al-Falih, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedTexas A&M University3
  • Date not recordedKing Fahd University of Petroleum and Minerals3

Al-Falih was born in 1960 in Dhahran, Saudi Arabia, where he was also raised. He attended Texas A&M University, graduating in 1982 with a bachelor's degree in mechanical engineering, and later pursued an MBA at the King Fahd University of Petroleum and Minerals, which he completed in 1991.

Early years at Aramco: 1979–2008

Al-Falih joined Saudi Aramco (formerly, Aramco) in 1979. For over several years, he held positions of increasing responsibility and in 1992, he joined the Consulting Services Department (CSD). He supervised several technical units, mainly the Mechanical and Civil Systems Division and was named manager of CSD in January 1995. He was assigned as manager, Ras Tanura Refinery Maintenance Department in late 1995; and by 1998; manager, Business Analysis Department.

In July 1999, Al-Falih became president of Petron Corporation, a joint venture between Saudi Aramco and the Philippine National Oil Company. He returned to the Kingdom in September 2000 to serve as vice chairman on the Saudi Aramco Study Team for Upstream Gas Ventures, until his appointment as vice president of Gas Ventures Development and Coordination in May 2001. He played an instrumental role in the negotiations with the international oil companies (IOCs) & other major national oil companies (NOCs) in connection with the Kingdom's Natural Gas Initiative. Ultimately, four joint ventures, namely – South Rub' al-Khali Company (SRAK), Luksar Energy, Sino Saudi Gas & EniRepSa Gas were consummated between Saudi Aramco and various leading IOCs, NOCs and emerging oil companies.

In October 2004, Al-Falih was appointed to the board of directors of Saudi Aramco. He also served as chairman of the board of the South Rub' al-Khali joint venture between Shell, Total and Saudi Aramco.

From Wikipedia’s article on Khalid A. Al-Falih (this version), CC BY-SA 4.0.

Career

Occupation: politician, entrepreneur.6

  • 2020 to 2026Minister of Investment5
  • 2019Minister of Energy5
  • 2016 to 2019Minister of Petroleum and Mineral Resources5
  • 2015 to 2016Minister of Health5
  • 2009 to 2015Chief executive, Saudi Aramco4

Minister of Investment: 2020–2026

On 25 February 2020, Al-Falih was appointed by a royal decree as Minister of Investment, a newly created ministry in Saudi Arabia.

In 2025, he announced $6.4 billion of investments in President Ahmed al-Sharaa's government as it seeks to rebuild Syria after a 14-year civil war. The investment deals included $2.93 billion for real estate and infrastructure projects and about $1.07 billion for the telecommunications and information technology sector, Al-Falih said.

On February 12, 2026, Al-Falih was relieved of his post as Minister of Investment by Royal Decree and was subsequently appointed as a Minister of State and a member of the Council of Ministers.

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Public life and board memberships

Al-Falih is active in many social programs. He has served as chairman of the Dammam City Municipal Council. His board memberships in other community-focused organizations include the Technical and Vocational Training Corporation, the Prince Sultan bin Abdulaziz Fund for Supporting Small Business Projects for Women, and the Eastern Province Society for the Handicapped.

Al-Falih is a founding member of King Abdullah University of Science and Technology and serves as a member of its board of trustees. He sits on the board of directors of the U.S.-Saudi Arabian Business Council and previously served as a member of the J.P. Morgan International Council.

From Wikipedia’s article on Khalid A. Al-Falih (this version), CC BY-SA 4.0.

Personal life

  • Born1959, Riyadh7
  • CitizenshipSaudi Arabia8
  • ResidenceDhahran9

Al-Falih currently resides in Dhahran.

Al-Falih is married to Najah Al-Garawi.

From Wikipedia’s article on Khalid A. Al-Falih (this version), CC BY-SA 4.0.

Awards

  • Date not recordedFellow of the Royal Academy of Engineering10