2020 CW Power 100: AMAALA's Nicholas Naples ranked at No. 52

Under Naples' stewardship as the CEO, AMAALA was incorporated as a standalone company in September 2019

Nicholas Naples is the CEO of Saudi Arabia's AMAALA.
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Nicholas Naples is the CEO of Saudi Arabia's AMAALA.

A new entry to the Power 100 list in 2020 is the chief executive officer of AMAALA, Nicholas Naples, who previously was the CEO of premium luxury integrated resorts at the Public Investment Fund (PIF).

A 3,800km2 gigaproject, taking shape in north-western coast of Saudi Arabia, AMAALA was incorporated as a standalone company in September 2019. The past 12 months saw a number of activities within AMAALA. In February 2020, the firm announced its advisory board that includes the likes of top industry leaders.

AMAALA recently appointed Foster + Partners, Denniston International Architects and Planners, and HKS Architects to work across its hospitality, residential, and retail portfolio.

Construction work on the gigaproject will be implemented in three phases, with the company currently carrying out a feasibility study, where people on-ground have been conducting necessary assessments.

Over the next year, AMAALA will complete the detailed design on Phase 1 of the gigaproject.

To view the full 2020 Construction Week Power 100 ranking click here.

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