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Emaar, the Economic City Announces Appointment of a Chairman of the Board of Directors
| Element List | Explanation |
|---|---|
| Introduction | Emaar, the Economic City announces the appointment of Eng. Muhannad Al-Azzawi as the Chairman of the Board of Directors following the resignation of the previous Chairman H.E. Mr. Fahad Abduljalil Al-Saif. |
| Previous Announcement | Emaar, the Economic City Announces the Resignation of a Board Member |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-02-19 Corresponding to 1447-09-02 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Emaar, the Economic City announces the appointment of Eng. Muhannad Al-Azzawi as the Chairman of the Board of Directors pursuant to the Board resolution issued in this regard on 19 February 2026. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Additional Information | Eng. Muhannad Al-Azzawi holds a Bachelor of Science in Computer Engineering from King Saud University and has over thirty two years of professional experience across the Contracting, Technology, Civil Aviation, Banking & Investment, Real Estate Development, and Hospitality sectors. He is currently the Managing Partner of several companies, including Saudi Industrial Constructions & Engineering Projects Co., Saudi Technology & Trade Co., and AlWusataa Development Co. He also serves on the Board of Directors and Committees and Chairs the Boards and Committees of multiple joint stock companies, contributing to corporate governance and authorities, strategic planning, and organizational oversight. Through these leadership roles, he has supported restructuring, business growth, diversification and long-term value creation. |
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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