ARDARA develops sustainable mixed-use destinations in Saudi Arabia, beginning with AlWadi in Abha. It builds residential communities, hotels, retail, commercial and office spaces, waterfronts, public facilities, cultural venues, entertainment attractions and green infrastructure for residents, visitors and investors.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
No evidenced risk flags in the sources reviewed. An absence of flags is not evidence that there is no risk.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
Parsons is responsible for engineering scopes including rehabilitation and development of Abha Valley as a year-round waterfront, infrastructure, public facilities, transport, communications and smart-city solutions.
SWA works with Parsons on engineering and design scopes for the AlWadi destination.
OBMI was selected as lead designer for AlWadi and is responsible for architectural design, landmarks, dynamic waterfronts, smart lighting and signboards.
ARDARA and Sumou Holding signed an MOU to collaboratively develop mixed-use urban communities in upcoming phases of AlWadi.
Ardara, wholly owned by the Public Investment Fund, signed strategic contracts with the global company “Parsons” and the architectural design company “OBMI”.
Ardara, wholly owned by the Public Investment Fund, signed strategic contracts with the global company “Parsons” and the architectural design company “OBMI”.
The work of “Parsons” in partnership with “SWA” focuses on many engineering scopes and vital fields, including the rehabilitation and development of Abha Valley to be a year-round waterfront, with environmental and biological diversity.
The work of “Parsons” in partnership with “SWA” focuses on many engineering scopes and vital fields
The work of “Parsons” in partnership with “SWA” focuses on many engineering scopes and vital fields
The work of “Parsons” in partnership with “SWA” focuses on many engineering scopes and vital fields, including the rehabilitation and development of Abha Valley to be a year-round waterfront, with environmental and biological diversity.
OBMI has been selected as the lead designer for the Wadi project
OBMI has been selected as the lead designer for the Wadi project
OBMI has been selected as the lead designer for the Wadi project after winning a global competition launched by Ardara this year
ARDARA and Sumou Holding signed a Memorandum of Understanding to collaboratively develop mixed-use urban communities in upcoming phases of AlWadi
ARDARA and Sumou Holding signed a Memorandum of Understanding to collaboratively develop mixed-use urban communities in upcoming phases of AlWadi
ARDARA and Sumou Holding signed a Memorandum of Understanding to collaboratively develop mixed-use urban communities in upcoming phases of AlWadi
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| Saudi Arabia | active 0 projects tracked |
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Prince Turki bin Talal bin Abdulaziz
Under the patronage of the Emir of the Asir Region and Chairman of the Board of Directors of Ardara Development Company, Prince Turki bin Talal bin Abdulaziz, Ardara Company
quoting Aseer governor and Ardara chairman Prince Turki bin Talal bin Abdulaziz
Ardara chairman
Aseer governor
wholly owned subsidiary of the Public Investment Fund (PIF)
Chairman of the Board of Directors, Ardara Development Company
Chairman of the Board of Directors of Ardara Development Company, Prince Turki bin Talal bin Abdulaziz
Master of Business Administration (MBA)
IESE Business School
B.S finance
Prince Sultan University
Abdullah Altwaijri
https://linkedin.com/in/abdullah-altwaijri
Committee Member | Audit Committee - Soudah Development
Committee Member | Investment Committee - Aseer Development Authority
Sep 2026 - Present
Abdullah Altwaijri is ARDARA’s managing director and a board and executive-committee member. His profile describes MBA/PMP-qualified leadership across real-estate investment and governance, with current committee responsibilities at Soudah Development and Aseer Development Authority.
Managing Director
MBA
PMP
Real-estate investments
Managing Director
Master of Applied Finance
Kaplan Professional
CA (South Africa / Australia)
Chartered Accountants Australia and New Zealand
Brett Lahner
https://linkedin.com/in/brett-lahner-9950a916
Ithra Dubai
Al-Futtaim Group Real Estate
Al-Futtaim
Jan 2023 - Present
Brett Lahner is ARDARA’s CFO. His profile presents a 30+ year corporate-finance career spanning Ithra Dubai and Al-Futtaim, with experience funding and governing large mixed-use real-estate projects.
CFO
30+ yrs corporate finance
Chartered Accountant
Master of Applied Finance
Chief Financial Officer
Bachelor of Engineering - BE, Civil Engineering
Helwan University
Chartered Construction Manager-MCIOB
The Chartered Institute of Building-CIOB-UK
Ehab Shedid
https://linkedin.com/in/ehab-shedid-mciob-99064517
Saudi Tourism Development Company
Emaar Misr
Majid Al Futtaim
Turner Construction Company
Arabian Construction Co.
Jun 2023 - Present
Ehab Shedid leads ARDARA’s delivery and construction scheme for Al Wadi. He is a chartered construction manager and civil engineer whose prior development-delivery work includes Saudi Tourism Development Company, Emaar Misr and Majid Al Futtaim.
Projects delivery
MCIOB
Civil engineer
Emaar Misr
Projects Director - Delivery
Master's degree Urban Design/Architecture
Sapienza Università di Roma
Bachelor of Architecture (B.Arch.) Architectural Engineering
Ain Shams University
Sherif Mekky
https://linkedin.com/in/sherif-mekky
ROSHN
Parsons Corporation
EGEC-PM
ECG Engineering Consultants Group S.A.
PACER Consultants
Aug 2023 - Present
Sherif Mekky is ARDARA’s development director for key residential assets. His prior roles include ROSHN, Parsons, EGEC-PM and ECG, and his profile records postgraduate urban-design/architecture study at Sapienza and a bachelor’s degree from Ain Shams University.
Development Director
24+ yrs project leadership
Urban design
Architecture
Development Director
Master of Business Administration - MBA
RMIT University
Fariborz Hatam
https://linkedin.com/in/fariborz-hatam-4b093b20
FHSI Design Studio
Aedas
Burt Hill
Woods Bagot
SIA Sasha Ivanovich Architects
Apr 2025 - Present
Fariborz Hatam heads design and architecture at ARDARA. He also runs FHSI Design Studio and previously served as design director at Aedas, bringing long experience in architecture, master planning and development advisory.
Head of Architecture
Design Director
26+ yrs experience
MBA
Former Aedas
Director of Design | Head of Architecture Department - PIF - ARDARA
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| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|
| Coverage | active |
| Tracked since | October 8, 2026 |
| Last checked | October 14, 2026 this month |
| Profile last researched | October 14, 2026 |
| Claim |