Mubasher: The UAE’s largest online property portal, Bayut.com, has appointed Haroon Rashid as a new CEO in Saudi Arabia in a bid to lead the company’s expansion into the GCC nation.

In May, Bayut announced its expansion drive into the Saudi market on the back of acquiring Lamudi Middle East and its operations in key markets across the Middle East and North Africa region, including Saudi Arabia, Jordan, and the UAE, Bayut said in a statement on Monday.

The online property portal followed up the takeover with the official launch of the Bayut.sa domain, along with ambitious plans for an eventual GCC wide expansion.

Haroon will lead Bayut’s ambition to provide world-class support to developers, agencies, and end-users, and enhance the home buying/selling and rental experience in Saudi Arabia.

Rashid previously served as PayPal’s head of Mid-Market and SMB Integrations for North America.

Moreover, he was a co-founder of Yotascale, a leader in Autonomous Cloud Operations

“Bayut aims to replicate its success achieved in the UAE with its entry into Saudi Arabia. The Kingdom is currently undergoing economic reforms with hopes of boosting and diversifying its economy away from oil,” the statement highlighted.

Bayut noted that it has been working on expansion into the Saudi market for some time after conducting extensive research into the needs of the real estate industry in the country.

“We are excited to have Haroon onboard to lead our expansion and development in the Saudi Arabian market. Haroon brings many years of experience building high caliber teams, and growing businesses towards scale and efficiency. His leadership and commitment to excellence will help realize our long-term vision of making Bayut a leader in the Saudi Arabian market,” Haider Ali Khan, CEO of Bayut, commented.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.