Emaar The Economic City (Emaar EC) approved the resignation of non-executive board member Majed Al-Sorour, effective as of today, Dec. 8, citing “work circumstances,” according to a Tadawul statement.

 

Accordingly, Naif Al-Hamdan was named non-executive board member, the statement added.

 

Al-Hamdan holds a Bachelor's degree in finance from King Fahad University of Petroleum and Minerals. He has more than 17 years of experience in investment and real estate development.

 

He is also a real estate portfolio senior director at the Public Investment Fund (PIF), and a board member of a number of companies.

 

The final appointment, however, is subject to the general assembly's approval in the first upcoming meeting.

 

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