Nasser Al Tayyar (Arabic: د. ناصر بن عقيل عبد الله الطيار b. 1957) Is a Saudi businessman. He is the Founder and Deputy Chairman of Al Tayyar Travel Group. He has interests in many industries, including Leisure, Tourism, Education, Transport, Real Estate, Retail Trading, Hospitality, Aviation and Food and Beverages.
Al Tayyar is the President of Arab Publisher House and publisher of the leading business magazine, Forbes Middle East. He is a Member of the Board of Madina Press, one of the oldest publishers in the Middle East. Al Tayyar was ranked as one of the most influential Saudi figures from the private sector in the Tourism industry by Arabian Travel News, which compiled a list of the 50 most powerful figures within the Travel sector.
Early life and education edit
Al Tayyar is the son of Aqeel Al Tayyar, hailing from the Saudi Arabian province of Zulfi.
Career edit
In 1980, he launched the first Al Tayyar Group office in the business centre of Riyadh.
In 2008, he helped start Nile Air.
Arrest edit
On 4 November 2017, Nasser Al Tayyar was arrested in Saudi Arabia in a "corruption crackdown" conducted by a new royal anti-corruption committee.[1][2][3][4][5][6][7][8] This was done by the authority of Crown Prince Mohammad Bin Salman.
According to Bloomberg News, Al Tayyar carries a personal fortune of $600 million and is among the wealthiest of those arrested, which included Alwaleed bin Talal, ($19 billion), Mohammed Al Amoudi, ($10.1 billion), and Saleh Kamel, ($3.7 billion).[9][10]
Affiliations edit
Al Tayyar is an elite member of The World Tourism Organization, the Saudi Chambers Definition, International Congress and Convention Association, the GCC Commercial Arbitration Center, Ministry of Justice Saudi Arabia, and Consulting Member Saudi Commission for Tourism and Antiquities. He serves as chairman of the board at Nile Air, Egypt's second national carrier.
Personal life edit
Al Tayyar is married and has 7 children.
See also edit
References edit
- ^ Difazio, Joe (2017-11-07). "Nasser bin Aqeel al-Tayyar Detained In Saudi Arabia As Royal Purges Continue". International Business Times. Retrieved 2017-11-08.
- ^ "Saudi crown prince Mohammed bin Salman widens purge". www.aljazeera.com. Retrieved 2017-11-08.
- ^ "Saudi Arabia princes detained, ministers dismissed". www.aljazeera.com.
- ^ Kalin, Stephen; Paul, Katie (2017-11-05). "Future Saudi king tightens grip on power with arrests including Prince Alwaleed". Reuters. Retrieved 2017-11-07.
- ^ "Corruption crackdown in Saudi Arabia". Fox Business. 2017-11-06. Retrieved 2017-11-08.
- ^ David, Javier E. (5 November 2017). "Billionaire Saudi Prince Alwaleed Bin Talal arrested in corruption crackdown". CNBC.
- ^ Stancati, Margherita; Said, Summer; Farrell, Maureen (2017-11-05). "Saudi Princes, Former Ministers Arrested in Apparent Power Consolidation". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-11-08.
- ^ Kirkpatrick, David D. (2017-11-04). "Saudi Arabia Arrests 11 Princes, Including Billionaire Alwaleed bin Talal". The New York Times. ISSN 0362-4331. Retrieved 2017-11-08.
- ^ Saudi Corruption Purge Snares $33 Billion of Net Worth, Devon Pendleton and Zainab Fattah, November 6, 2017, Bloomberg News
- ^ Saudi imposes travel bans, arrests prominent businessman, November 6, 2017, middleeastmonitor
External links edit
- Al Tayyar Group website, History page
- Al Tayyar Group website, About US page
- Al Tayyar Group website, Press Release
- Arabian Travel News Magazine has compiled a list of the 50 most powerful figures within the Travel sector
- Al Tayyar Travel Group acquires UK tour operator Elegant Resorts
- Al Tayyar Travel Group ranked first in the list of the most powerful Travel and Tourism companies in the Middle East
- Special Report on the Arabian Travel Power 50, 2010
- Pdf Saudi based Al Tayyar Travel Group undergoes IPO to generate one of the highest private equity return multiples in MENA for Amwal Al Khaleej