MulkiaInvestment named its Managing Director and Vice Chairman Sultan Mohammed Al Hudaithi as acting CEO, effective 18 January, according to a Tadawul disclosure. Al Hudaithi succeeds Omar bin Abdulkarim Abdullah Al Othaim, who filed his resignation in November due to personal reasons, and will lead the company until a permanent CEO is appointed.

Al Hudaithi brings experience in restructuring and strategic planning, having managed investments in securities, private equities, and real estate. He currently serves on the boards of Saudi Automotive Services Company (Sasco), Middle East Batteries Company, and United Wires Company (Aslak).

Shebara appointed Eugenie Jason (LinkedIn) as its new general manager, according to a press release. In her new role, Jason will oversee the luxury Red Sea resort’s 73 villas and five signature venues — Ariamare, Lunara, iki.roe, Solera, and Saria Pool Bar & Grill. Jason brings over 20 years of industry experience, including 14 years with Four Seasons, as well as roles at Marriott International and Belmond, where she served as general manager of Les Bateaux in France.

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