Company: The Economic City (Emaar EC)
Biography: Fahd al-Rasheed is CEO of Emaar EC, which is developing the King Abdullah Economic City (Kaec) on the kingdom’s Red Sea coast.
Previously, he was deputy governor at state-funded Saudi Arabian General Investment Authority (Sagia), which set up the Economic Cities Agency to oversee the kingdom’s economic cities development model. Prior to his appointment as deputy governor, Al-Rasheed was chief financial officer at Sagia.
He has a bachelor’s degree in business administration from Washington University in the US, and a master’s in business administration from Stanford Business School, also in the US.
Prior to joining Sagia, Al-Rasheed worked for Saudi Aramco in its finance department. The 168 square-kilometre Kaec project is the first of five economic cities under development by Sagia. Al-Rasheed also sits on the board of Emaar EC.
Contact: (+966) 2 615 9999
Company website: www.emaar.com