| Element List | Explanation |
|---|---|
| Introduction | Saudi Real Estate Company (“Al Akaria” or the “Company”) announces that its Board of Directors has passed a resolution dated 24 January 2026, approving the appointment of Mr. Abdullah bin Sulaiman Abu Dawood as the Company’s Chief Executive Officer, effective 5 April 2026. wishing him success and prosperity in his new role. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Abdullah bin Sulaiman Abu Dawood |
| Date of Board Resolution | 2026-01-24 Corresponding to 1447-08-05 |
| Date Work Commencement | 2026-04-05 Corresponding to 1447-10-17 |
| Brief Resume | Mr. Abdullah bin Sulaiman Abudawood possesses over 25 years of leadership and executive experience across the public and private sectors, focused on leading institutional transformations, enhancing operational and financial efficiency, capital allocation, the implementation of governance and risk management practices, and building investment partnerships between the public and private sectors. His experience also includes real estate development, asset management, and maximizing asset value through the design of investment models, the formation of alliances and partnerships, and enabling execution. He led the establishment of Remat Al-Riyadh Development Company and contributed to enabling investment in city-related assets and services through long-term strategic partnerships with the private sector, as well as developing an institutional and operational ecosystem that supports financial sustainability. His career includes leadership positions at Channels Communications Company, a subsidiary of the STC Group, and leadership roles at Jazan Economic City and the Industrial Valley at King Abdullah Economic City, in addition to experience in government entities and local and international companies. He holds a bachelor’s degree in business administration from the University of Business and Technology, a Board Member Diploma from IMD, the Certified Chair™ designation, and advanced executive programs from London Business School (LBS), INSEAD, and IMD. |
