Riyadh – Mubasher: Umm Al Qura for Development and Construction Company has appointed a Chairman and Vice Chairman, along with the formation of its specialized board committees and the designation of company representatives for its fifth board session.

These appointments, effective from 1 July 2026, follow the results of the Extraordinary General Meeting (EGM) held on 10 June 2026 and will remain in effect for a four-year term ending on 30 June 2030.

In a regulatory filing to the Saudi Exchange (Tadawul), the company confirmed that the Board of Directors convened on 1 July 2026 to finalize its internal governance structure.

The board resolved to appoint Abdullah Saleh Kamel as Chairman of the board in a non-executive capacity. Abdulrahman Mohammed Al Rashed was appointed as Vice Chairman, serving as an independent member.

The newly formed board for the fifth session consists of nine members, including the Chairman and Vice Chairman. The other board members are Fahad Khalid Al Saud (Non-Executive), Abdulaziz Mutaib Al Rasheed (Non-Executive), Abdullah Saleh Al Bulaiwi (Non-Executive), Ahmed Abdulmohsen Al Rumaih (Independent), Raed Abdullah bin Ahmed (Independent), Zuhair Fouad Hamzah (Independent), and Sulaiman Dawood Al Sabti (Independent).

To ensure robust oversight and strategic guidance, the board approved the formation of several key committees. The Executive Committee will be chaired by Abdulrahman Mohammed Al Rashed, with Fahad Khalid Al-Saud, Zuhair Fouad Hamzah, and Abdullah Saleh Al Bulaiwi serving as members.

The Remuneration and Nominations Committee will be led by Raed Abdullah bin Ahmed. Its membership includes Abdulaziz Mutaib Al Rasheed, Ahmed Abdulmohsen Al Rumaih, and Abdulrahman Mohammed Al Rashed.

Furthermore, the Audit Committee has been established with a mix of board members and external experts. Hussam Faisal Bawared, an external member, will chair the committee. The membership includes Khalid Mahmoud Abu Namous (External), Zuhair Fouad Hamzah (Independent Board Member), Lamees Tariq Katouah (External), and Sulaiman Dawood Al-Sabti (Independent Board Member).

In addition to committee formations, the board appointed Badr Ayman Fadel as the Secretary of the Board of Directors. For regulatory and compliance purposes, the company designated Chairman Abdullah Saleh Kamel and Chief Executive Officer Yasser Abdulaziz Abu Ateeq as official representatives to the Capital Market Authority (CMA) and Tadawul.

These representatives are authorized to act on behalf of the company regarding all matters related to the Companies Law, its implementing regulations, and the Rules on the Offer of Securities and Continuing Obligations.

Umm Al Qura for Development operates with a fully paid-up capital of SAR 14.38 billion. This comprehensive governance update marks the commencement of the board’s four-year mandate to oversee the company’s strategic development projects and regulatory commitments within the Saudi real estate and construction sectors.

The listed company extended its non-binding memorandum of understanding (MoU) with BIM Capital and Ajbal Real Estate Development.