0 1 5 , ▁Al ▁Hamm ad ▁was ▁appointed ▁as ▁the ▁new ▁Vice ▁Chair man ▁of ▁Sa udi ▁Cooper ative ▁Soci eties ▁Council ▁on ▁ 2 2 ▁November ▁ 2 0 1 4 ▁by ▁Prince ▁Sa ud ▁bin ▁Sal man ▁bin ▁Abd ul az iz ▁al ▁Sa ud . ▁However , ▁the ▁inc um ben cy ▁of ▁Dr . ▁Al ▁Hamm ad ' s ▁position ▁is ▁disput ed ▁after ▁the ▁ 2 0 1 7 ▁crisis ▁when ▁Malays ia ' s ▁RAM ▁susp ended ▁Al ▁Bay an ▁Hold ing ▁Group ' s ▁ratings . ▁ ▁In ▁ 2 0 1 6 , ▁Spain ' s ▁Tele p izza ▁signed ▁off ▁a ▁franch ise e ▁deal ▁with ▁Al ▁Bay an ▁Hold ing ▁Group ▁in ▁order ▁to ▁establish ▁one ▁of ▁three ▁Sa udi ▁Arab ian ▁branches ▁in ▁R iy ad h . ▁ ▁In ▁March ▁ 2 0 1 7 , ▁Malays ian ▁RAM ▁R ating ▁Services ▁of ▁RAM ▁Hold ings ▁Ber had , ▁K ual a ▁L ump ur ▁susp ended ▁the ▁rating ▁of ▁the ▁R M 1 bil ▁Su ku k ▁W ak al ah ▁( 2 0 1 3 / 2 0 2 3 ) ▁issued ▁by ▁Al ▁Bay an ▁Hold ing ▁Company ▁following ▁the ▁group ' s ▁failure ▁to ▁meet ▁certain ▁oblig ations ▁under ▁RAM ' s ▁rating ▁mand ate . ▁ ▁References ▁ ▁Category : 1 9 8 0 ▁establish ments ▁in ▁Sa udi ▁Arab ia ▁Category : C ong l omer ate ▁companies ▁of ▁Sa udi ▁Arab ia ▁Category