Originally posted to the Reuters website, 19 November 2019
RIYADH (Reuters) – Saudi Arabia on Tuesday named Fahad Al-Rasheed as head of a royal commission to develop the capital Riyadh where the government has said it would spend 86 billion riyals ($23 billion) to boost the quality of life.
King Salman appointed Al-Rasheed in a royal order published on the state Saudi Press Agency. Rasheed had served as chief executive of Emaar Economic City, a subsidiary of Dubai’s largest listed developer Emaar Properties.
Saudi authorities in March announced projects to increase green space and recreational areas in Riyadh as part of a series of planned development investments across the kingdom.
Link to the original post: https://www.reuters.com/article/us-saudi-economy-commission/saudi-arabia-appoints-property-executive-to-head-riyadh-royal-commission-idUSKBN1XT2K6
