Friday, 24 Jan 2020

HRH Crown Prince Chairs New Composition of Board of Directors of Al-Qidiya Investment Company

Riyadh, The Public Investment Fund (PIF) approved today the new composition of the board of directors of Al-Qidiya Investment Company with His Royal Highness Prince Mohammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, President of Council of Economic and Development Affairs and Chairman of the Board of Directors of the Public Investment Fund becoming the Chairman, and membership of Prince Abdulaziz bin Turki Al-Faisal, Prince Turki bin Hadhloul bin Abdulaziz, Prince Badr bin Abdullah bin Farhan, Majid bin Abdullah Al-Hogail, Ahmed bin Aqeel Al-Khatib, Eng. Ibrahim bin Muhammad Al-Sultan, Fahd bin Abdulmohsen Al-Rasheed, Eng. Faisal Bafart, and Dr. Rakan Al-Harthi.

The new composition of the Qiddiya Investment Board of Directors comes in line with the project's future directions.

The PIF had launched the Qiddiya project to be an entertainment destination, including sports, arts, and more than 300 different facilities, a destination for Saudi youth, and a vibrant city located on a distinguished location west of Riyadh, with an area of 334 Sqr Km, which will contribute to enhancing the economic diversity of the Kingdom in line with the vision of the Kingdom 2030.

Source: Saudi Press Agency

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