{"id":105427,"date":"2026-01-29T00:00:00","date_gmt":"2026-01-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2026\/01\/29\/saudi-cable-names-fares-al-rajhi-managing-director-khashoggi-retains-ceo-role\/"},"modified":"2026-01-29T00:00:00","modified_gmt":"2026-01-29T00:00:00","slug":"saudi-cable-names-fares-al-rajhi-managing-director-khashoggi-retains-ceo-role","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/01\/29\/saudi-cable-names-fares-al-rajhi-managing-director-khashoggi-retains-ceo-role\/","title":{"rendered":"Saudi Cable names Fares Al Rajhi managing director; Khashoggi retains CEO role"},"content":{"rendered":"

<\/strong>The <\/strong>Sau<\/a><\/strong>di Cable Company<\/a><\/strong> tapped Fares bin Mansour Al Rajhi <\/strong>(<\/strong>bio<\/a><\/strong>)<\/strong> as its new managing <\/strong>director<\/strong>, it said in a Tadawul disclosure<\/a>. Al Rajhi succeeds Khalid Khashogji (LinkedIn<\/a>), who stepped down from the role to focus on the company\u2019s next phase while retaining his positions as CEO and board member<\/p>\n

Al Rajhi has over 20 years of experience<\/strong> in corporate management, business development, and overseeing commercial and industrial entities. He has served as CEO of Dukhoon Al Wataniyah Trading Company, Nafaes Dukhoon Perfumes Company, and Aqdar wa Namaa Real Estate Company, and held board positions at Tourism Enterprise (Shams), Methanol Chemicals (Chemanol), Qabas Al Taqnia Trading Company, Company of World Box Factory, and Al Hekaliyah Construction Company.<\/p>\n

Why it matters: <\/strong>This leadership shuffle marks Saudi Cable\u2019s shift from survival to recovery. After the Jeddah Commercial Court approved<\/a> its exit from financial restructuring last month, the company is signaling to its creditors that it is moving toward independent operations. Amid a nine-year Zakat settlement<\/a> and a SAR 108 mn loan rescheduling<\/a>, the split of CEO and MD roles allows Khashogji to focus on strategic priorities and debt capitalization, while Al Rajhi rebuilds operational capacity to achieve the company\u2019s break-even target.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

With over 20 years of experience in corporate management and business development<\/p>\n","protected":false},"author":1,"featured_media":105428,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2577],"tags":[10,42,515],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-105427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-enterpriseam-ksa","tag-moves","tag-saudi-cable-company","wpautop","entry"],"acf":{"mongo_id":"a51262f3-448b-44ad-8349-f31b5b357b14","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/1947.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Saudi Cable appoints Fares Al Rajhi as new managing director","related_issue":[105416],"teaser":"With over 20 years of experience in corporate management and business development"},"yoast_head":"\nSaudi Cable names Fares Al Rajhi managing director; 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