Fahad Abduljalil Al-Saif was appointed Chairman of Emaar The Economic City in June 2022, serving as a non-executive board member. In October 2023, he was reappointed to the role for a three-year term alongside Vice Chairman Jamal Bin Theniyeh. However, Al-Saif resigned from his positions as Chairman and Executive Committee member on February 19, 2026, following his appointment as Saudi Arabia's Minister of Investment.
Al-Saif holds a bachelor's degree in Management Information Systems from King Fahd University of Petroleum and Minerals, conferred in 1998. He brings over 20 years of corporate, investment banking, global banking and markets experience, including 10 years in SABB Treasury managing trading, fixed income and risk advisory functions, and roles at HSBC as Saudi Arabia's principal contact for corporate finance and capital markets.
Career History
- Minister of Investment (appointed February 12, 2026)
- Chairman, Emaar The Economic City (2022–2026)
- Head of Global Capital Finance Division, Public Investment Fund (2021–2024)
- Chief Executive Officer, National Debt Management Center
- Deputy Managing Director, Saudi British Bank (SABB)
What Al-Saif could have brought to his Emaar Chairmanship: His two-decade track record in capital markets, structured financing, and sovereign wealth fund strategy positioned him to guide Emaar through complex infrastructure financing and capital optimization initiatives. His expertise in debt management, evidenced by founding the National Debt Management Center, and his leadership of PIF's global capital finance division demonstrated capability to navigate Emaar's substantial financial restructuring and long-term investment strategy aligned with Saudi Vision 2030.
Facts compiled by Executive Moves from publicly available news and press releases on 14 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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