The National Construction and Marketing Company (Muqawil) appointed Rayan bin Hamad Al Khuwaiter (LinkedIn) as its new board chairman, effective today, following the resignation of outgoing chairman Ayman Abdullah Al Qadi, according to a disclosure to Tadawul. Al Khuwaiter has 24 years of experience in finance, governance, and strategic planning and has held leadership roles at Saudi Aramco, the Capital Market Authority, and other outfits. Al Khuwaiter’s appointment is subject to shareholder approval.
More from Enterprise
THIS MORNING: Dar Al Arkan eyes fixed-rate USD financing
Rising deposits bolster Saudi banks’ liquidity amid slower credit expansion
Spice wants to fill fine dining’s funding gap with an alternative model
Restaurants get funding upfront by pre-purchasing dining credit
THIS MORNING: Saudi inflation to stay “contained” in 2026, says ENBD
Sab Invest debuts as Saudi’s first ETF market maker
THIS MORNING: Goldman Sachs revises up year-end Brent forecast to USD 90
The US steps up as the global energy stabilizer as…