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Emar CEO resigns; Naif Al-Hamdan appointed MD
Emaar Makkah Development Company announced the resignation of CEO Abdulaziz Ibrahim AlNweisr and the appointment of Nayef Alhamdan as the Managing Director, effective November 1, 2026. Alhamdan has over 20 years of experience in investment and real estate banking services. He currently serves as the Head of Investment Portfolio Management for the Western Coast at Al Qaem Bank, in addition to his role as Vice Chairman of the company's Board of Directors. These changes are a result of AlNweisr’s other professional commitments and represent an important step to enhance the company's leadership and expertise in the real estate development and investment industry.
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