Red Sea International appoints new chairman

Tadawul-listed Red Sea International appointed Amr Al Dabbagh (LinkedIn) as its new chairman, it said in a disclosure to Tadawul. Al Dabbagh served as chairman and CEO of Al Dabbagh Group (ADG) for 33 years, in addition to an eight-year term as governor and chairman of the Saudi Arabian General Investment Authority until 2012. ADG is the majority owner of Red Sea International.