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The Appointment of Eng. Sami Al-Makhdoub as the CEO of the Company

Knowledge Economic City announced the appointment of Eng. Sami Al-Makhdoub as its new Chief Executive Officer, bringing extensive experience in real estate development and urban planning to lead the company's next phase of growth.

Eng. Sami Al-Makhdoub brings a wealth of experience in real estate development, strategic planning, and urban management, making him well-positioned to steer KEC through its next phase of growth.

Under his leadership, Knowledge Economic City aims to accelerate the delivery of its masterplan, strengthen investor relations, and enhance its contribution to Madinah's sustainable development and Saudi Vision 2030.

I am honoured to lead Knowledge Economic City at this transformative stage and look forward to driving forward our vision for Madinah's future.

About Knowledge Economic City (KEC)

Knowledge Economic City (KEC) is a publicly listed joint-stock company on the Saudi Exchange (Tadawul), operating under the regulation of the Economic Cities and Special Zones Authority (ECZA). With a masterplan covering 6.8 million square meters within the sacred boundaries of Madinah, KEC is developing fully integrated modern destinations that combine residential, commercial, cultural, and leisure components, transforming Madinah into a world-class lifestyle hub.

Strategically located near the Prophet's Mosque, the Haramain High-Speed Rail station, and Prince Mohammed bin Abdulaziz International Airport, KEC plays a vital role in supporting Saudi Vision 2030, aligning with programs such as the Pilgrim Experience Program, Quality of Life, Housing, and Human Capability Development.

6.8M+ sqm

Total Development Area

150K+

Projected Population

SAR 7B+

Total Investment

6.8M+ sqm

Total Development Area