Saudi-based Batic Investments and Logistics appointed Abdulmalek Al Mudraa (LinkedIn) as CEO, the company said in a disclosure to Tadawul yesterday. Al Mudraa had been the general manager of Batic Real Estate since 2023 and has also been serving as the managing director of the Saudi Transport and Investment (Mubarrad) since the start of this year.
About Batic: Founded in 1983, Batic’s operation now covers transportation and logistics, real estate, facilities management, and smart city services, among others, according to its website. The company’s transportation and logistics segment is focused on cold-chain logistics, as well as providing technology solutions to enhance fleets’ management. The company’s working capital stands at SAR 600 mn.