CEO, King Abdullah Economic City
Fahd Al-Rasheed is Managing Director and CEO of Emaar Economic City. Emaar Economic City is a publicly listed Saudi company leading the development of King Abdullah Economic City, a city with planned capacity of 2 million people and $100 billion worth in investment.
Prior to joining Emaar Economic City, Mr. Al-Rasheed was Deputy Governor and CFO of the Saudi Arabian General Investment Authority (SAGIA). He also worked for Saudi Aramco’s Finance Division where he led initiatives in investments and corporate finance. Currently, Mr. Al-Rasheed serves on the boards for several organizations including Emaar Economic City, the Ports Development Company, Saudi Airlines Catering Company, the New Cities Foundation, the Foundation Board of the Global Shapers of the World Economic Forum, and the Jeddah Chapter of the Young President Organization. He also worked with the World Economic Forum’s Agenda Councils where he served on the Agenda Council for Real Estate and the Agenda Council for Urbanization. Mr. Al-Rasheed has received numerous recognitions and honors including being honored the Young Global Leader by the World Economic Forum in 2011 and the Property CEO Award from Middle East CEO in 2012.
Mr. Al-Rasheed received an MBA from the Stanford Business School and a bachelor’s degree in Business Administration from Washington University in St. Louis. He also is a graduate of the Harvard Graduate School of Design’s Advanced Management Development Program in Real Estate.