Naif Saleh AlHamdan

Naif Saleh Al-Hamdan was appointed Managing Director of Emaar, The Economic City, effective November 1, 2026, following the departure of CEO Abdulaziz Ibrahim Alnowaiser on October 31. An industry veteran, Al Hamdan has more than 20 years of experience in investment, investment banking and real estate development.

Al-Hamdan holds a bachelor's degree in Finance from King Fahad University of Petroleum and Minerals, as well as a Master's Degree in Business Administration from the University of Wales. Prior to his appointment, he served as Vice Chairman of Emaar EC and Head of the West Coast Portfolio Management Department at the Public Investment Fund (PIF).

Career history

• Senior Director of the Public Investment Fund's real estate portfolio (current)
• Vice President of Investment Business Development at Sulaiman A. Al Rajhi Real Estate Investment Company
• Roles in financial and real estate sectors including positions at Global Investment House, Ernst & Young, and SABB Bank
• Board Chairman of Bidaya Home Finance Company and the Saudi Korean Company for Maintenance and Properties' Management (MUMTALAKAT)

What Al-Hamdan could bring to Managing Director at Emaar, The Economic City: With over two decades of investment banking and real estate development experience, combined with his current leadership of PIF's West Coast real estate portfolio, Al-Hamdan brings deep expertise in large-scale real estate development and capital deployment. His extensive board experience across multiple real estate and financial services companies positions him to drive strategic growth at Emaar EC, the master developer of King Abdullah Economic City, while leveraging existing relationships within Saudi Arabia's investment ecosystem.