Fahd al-Rasheed

22 June 2010

Fahd al-Rasheed is chief executive officer, The Economic City (Emaar EC)

Fahd al-Rasheed

Company: The Economic City (Emaar EC)
Position: CEO

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

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