Saudi: Alandalus Property appoints new Chairman, Vice Chairman

Reuters Images/Fahad Shadeed

The new Chairman Abdulsalam bin Abdulrahman Al Aqeel and Vice Chairman Saleh bin Muhammad Al Habib will be non-executive members of the board of directors

Staff Writer, Mubasher

March 19, 2024

PHOTO

Riyadh – Alandalus Property Company’s board of directors has approved appointing a new Chairman and a Vice Chairman.

The new Chairman Abdulsalam bin Abdulrahman Al Aqeel and Vice Chairman Saleh bin Muhammad Al Habib will be non-executive members of the board of directors.

Furthermore, the board also approved appointing Abdulrahman Abdulaziz Alshaye as secretary.

Alandalus Property logged a 45.45% year-on-year (YoY) decline in net profit to SAR 36.42 million in 2023 from SAR 66.77 million.

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