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Emaar, the Economic City Announces the Resignation of a Board Member
| Element List | Explanation |
|---|---|
| Introduction | Emaar, the Economic City announces the resignation of H.E. Mr. Fahad Abduljalil Al-Saif (Chairman of the Board of Directors and Executive Committee), in light of the Royal Decree issued on 12 February 2026 appointing his Excellency as the Minister of Investment. |
| Element List | Explanation |
|---|---|
| Resigned Member Name | H.E. Mr. Fahad Abduljalil Al-Saif |
| Membership Type | Non- Executive |
| Resignation Submission Date | 2026-02-19 Corresponding to 1447-09-02 |
| Resignation Effective Date | 2026-02-19 Corresponding to 1447-09-02 |
| Membership Starting Date for the Resigned Member | 2023-09-26 Corresponding to 1445-03-11 |
| Reasons of Resignation | The appointment of H.E. Mr. Fahad Abduljalil Al-Saif as the Minister of Investment pursuant to the Royal Decree issued on 12 February 2026. The Board of Directors congratulates H.E. Mr. Fahad Abduljalil Al-Saif on this Royal trust and expressed their utmost gratitude and appreciation for his outstanding efforts and contributions during his tenure as the Chairman of the Board of Directors and Executive Committee. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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