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The Riyadh-based real estate development group, Rokan Saudi Arabia, affiliated with the Public Investment Fund, announced the appointment of Numan Atta Allah as its new Chief Executive Officer after the position had been vacant since April 2024, succeeding Sabah Barkat. Atta Allah is considered an industry expert, having previously served as the CEO of Al-Futtaim Properties in the UAE and held leadership roles in other Gulf companies such as Nakhil and Diyar. Rokan, one of the largest real estate development companies in Saudi Arabia, aims to implement integrated residential projects to increase Saudi homeownership rates to 70%. These appointments align with the fund's strategy to enhance focus on returns and investment efficiency, amid changes within its subsidiaries.
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