Eng Sami Abdulaziz Al Makhdoub named CEO of Saudi Arabia's KEC

New CEO confirmed for Tadawul-listed developer behind Madinah Gate megaproject in Saudi Arabia

Aerial view of KEC in Madinah, Saudi Arabia.
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Aerial view of KEC in Madinah, Saudi Arabia.

Saudi Arabia’s Knowledge Economic City (KEC) – the Tadawul-listed developer behind the Madinah Gate megaproject – has appointed Eng Sami bin Abdulaziz Al Makhdoub as its chief executive officer.

A Tadawul missive by KEC revealed that Al Makhdoub is a graduate of Rice University, Houston, and has more than 25 years of experience in real estate, hospitality, commercial property, and project management.

Al Makhdoub sits on the board of real estate companies such as Abdullah bin Saeedan & Sons Co, Awj Real Estate Co, and Thaker Investment and Real Estate Development Co.

In his new role, Al Makhdoub replaces Eng ahmed Al-Bailey, executive vice president of KEC, who served as CEO until Al Makhdoub’s appointment was confirmed by the board.

KEC said the board’s decision to appoint Al Makhdoub was confirmed on 27 August, 2019, and would take effect on 1 October.

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