Page 42 - KAEC PR REPORT - APRIL 2024

4/12/24, 12:58 PM PRESSR: Emaar, the Economic City appoints Mr. Abdulaziz Alnowaiser as CEO, effective 1st May 2024 — TradingView News
seamless transition of responsibilities as of the date of joining of the

new CEO.

Mr. Alnowaiser will be mandated by the Board to bring strategic

insight to EEC and KAEC’s long-term planning, fostering innovation

and sustainable development across the organization and the City.

With more than two decades of Board-level and executive

experience, his most recent role was the CEO of Tahakom

Investments Co., a wholly-owned Company of the Public Investment

Fund with several subsidiaries across different sectors including

technology, aviation, traffic management, travel & visa solutions,

human resources and real estate investments. He was previously the

M&A Advisor and Vice President Finance (CFO) at Arabian Internet

and Communications Services Co. (Solutions), prior to which he was

Vice President Finance (CFO) at Al Othaim Real Estate Investment &

Development Company and CEO of the House of National Consulting

Company. Mr. Alnowaiser is currently the Chairman of the Board and

the Executive Committee at Tawuniya Insurance Company since

2020, and was a Board Member from 2015 to 2019. He is also, or

was, a member of the Board and/or Board Committees of several

other listed and non-listed companies. His educational qualifications

includes prestigious degrees in accounting, finance and information

systems, as well as a Diploma in International Financial Reporting

Standards and other professional certifications.

Mr. Fahad AlSaif, Chairman of EEC, commented, “The appointment

of Mr. Alnowaiser as CEO is an important moment for both EEC and

KAEC as we pursue the implementation of our ambitious long-term

https://www.tradingview.com/news/reuters.com,2024-04-03:newsml_Zawb39D6R:0-pressr-emaar-the-economic-city-appoints-mr-abdulaziz-alnowaise… 2/5