Khaled Al Majed was appointed as Chairman of Dar Al Majed Real Estate Co. (Al Majdiah), the Saudi Arabia-based residential and commercial real estate developer founded in 1969. His appointment was reconfirmed in April 2026 for a new four-year term.
Al Majed brings 20 years of experience in real estate, asset management, and finance industries. He holds a Bachelor's degree of Commerce in Finance from Concordia University, Canada and an Executive MBA from the London Business School, United Kingdom.
Career history
- Chief Executive Officer at Edamah (Bahrain Real Estate Investment Company), effective March 2025
- Vice President of Asset Management at Premier Group
As Chairman of Dar Al Majdiah, Al Majed is positioned to lead one of Saudi Arabia's primary residential and commercial real estate developers. His combination of international finance education, track record in executing high-profile regional developments, and recent appointment as CEO of a sovereign wealth fund-backed property entity demonstrates his capability to drive strategic growth and operational excellence. At Dar Al Majdiah, he can leverage his portfolio management experience and cross-border real estate expertise to expand the company's development pipeline and enhance shareholder value in alignment with Saudi Vision 2030 objectives.
Facts compiled by Executive Moves from publicly available news and press releases on 13 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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