Appointed CEO in 2020, Al-Fakhri brings more than 20 years of experience in banking, investment, and corporate leadership. Under his guidance, TDF has signed eight agreements with financial partners to enable tourism financing solutions for SMEs and micro-enterprises, and in 2025 launched three national programs to empower entrepreneurs and startups in the sector, including the Tourism Growth Incubator, hackathons, bootcamps, and the Tourism Growth Accelerator.
Qusai Al-Fakhri
Qusai Al-Fakhri, Chief Executive Officer of the Tourism Development Fund (TDF), has been recognized among Forbes Middle East’s Most Powerful Travel & Tourism Leaders 2025, reflecting his impactful leadership in advancing Saudi Arabia’s tourism and investment landscape.
Career Journey
• Tourism Development Fund (TDF) – CEO (since 2020) • Advisor to the Minister of Tourism for Investment • CEO – Al Ajeal Holding Company • Co-Founder & Managing Director – Taraz Arabia • Head of Investment & Institutional Coverage – Société Générale Saudi Arabia • Head of Brokerage – Jadwa Investment • Vice President of Capital Markets – SHUAA Capital, Dubai • Senior Business Development Manager – Samba Financial Group
Industry Recognition & Engagement
• Featured in Forbes Middle East’s Most Powerful CEOs 2023 • Board Member – King Abdullah Economic City (KAEC) • Strategic leadership in tourism financing, entrepreneurship, and SME empowerment
Academic Credentials
• Bachelor’s Degree in Finance – King Fahd University of Petroleum & Minerals • Executive Education – Entrepreneurial Finance & Financial Services Management, London Business School, UK
Leadership Impact
Qusai Al-Fakhri has established himself as a transformative leader in Saudi Arabia’s tourism and financial sectors. By bridging investment, financing, and entrepreneurship, he has positioned the Tourism Development Fund as a catalyst for Vision 2030’s goal of making tourism a vital pillar of the national economy, while fostering innovation, sustainability, and private sector participation.
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