Artificial Intelligence
Builders Company
Developers/KAFD Development & Management Company
KD
KAFD Development & Management CompanyRiyadh, Saudi Arabia · founded 2018 · 1 active markets
SUBSIDIARY
www.kafd.sa

KAFD DMC develops and operates a mixed-use vertical district in Riyadh for businesses, residents, visitors and guests, combining offices, residences, retail, hotels, entertainment, public space and smart infrastructure within an integrated, walkable urban destination for Saudi Arabia and its communities.

Years in business
8
founded 2018
Employees
more than 700
company-stated employees · In 2024 · size band 201–500
LinkedIn headcount
201-500
employees, as shown on LinkedIn
Total projects
95 buildings
across the company’s whole history
Projects last researched October 8, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
King Abdullah Financial District Development and Management Company1
Headquarters
3093-69541, Riyadh1, Saudi Arabia
Founded
20181
Entity type
SUBSIDIARY1
Business model
commercial1, mixed use1, masterplan1, other1
Markets
1 market listed
What they build
Other (2 of 8) · Hotel (2 of 8) · Office (2 of 8)
Full dossier in About →

Delivery record

3 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+9.5 mo
the middle of 3 scored projects
Average delay
+8.7 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+15.0 mo
Kimpton KAFD Riyadh
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

3 date-assessed here · 18 developers, 36 date-assessed projects in Saudi Arabia
Median delay
KAFD Development & Management Company·18 developers in Saudi Arabia
+9.5 mo vs +7.5 mo
this developer 2.0 mo worse
The typical project on each side.
Average delay
KAFD Development & Management Company·18 developers in Saudi Arabia
+8.7 mo vs +14.5 mo
this developer 5.8 mo better
Both pulled by their worst few.
On time
KAFD Development & Management Company·18 developers in Saudi Arabia
33% vs 50%
this developer 17 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Projects and timelines in Track Record →

Resident experience

3 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.1/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Little structure evidence (0 of 3 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 3 rated buildings
Management & living
8.1/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 25 developers, 65 rated buildings in Saudi Arabia
Overall rating
KAFD Development & Management Company · 25 other developers in Saudi Arabia
9.1 vs 7.9
this developer 1.2 better
The weighted verdict on each side. From 3 of 3 rated buildings here and 65 in the market.
Structure & systems
KAFD Development & Management Company · 25 other developers in Saudi Arabia
— vs —
Too few buildings with this score here to compare (0 of 3)
Fabric and engineering only — fixed at handover. From 0 of 3 rated buildings here and 18 in the market.
Management & living
KAFD Development & Management Company · 25 other developers in Saudi Arabia
8.1 vs 7.6
this developer 0.5 better
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 60 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • DELIVERY DELAY Reported September 24, 2026; original target March 19, 2026; revised target December 21, 2026 A reported KAFD Area 6 utility-infrastructure package was extended from its original completion target of March 19, 2026 to December 21, 2026; this is a revised future commitment, not evidence that the revised works were completed by the research date.
  • DELIVERY DELAY Original commitment: 19 March 2026; revised commitment: 21 December 2026; status reported 24 September 2026; research date: 8 October 2026 KAFD Development & Management Company’s King Abdullah Financial District Area 6 utility-tunnel/infrastructure package missed its original 19 March 2026 completion commitment and was extended to 21 December 2026; as of the 24 September 2026 report, works were still ongoing, so the revised date remained a future commitment rather than an actual completion.
Record status
active
Company sources
141 source entries across 141 fields
Projects tracked
8 · 8 completed in assessment
All flags and sources →

Track Record

Delivery record

3 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+9.5 mo
the middle of 3 scored projects
Average delay
+8.7 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+15.0 mo
Kimpton KAFD Riyadh
1
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

3 date-assessed here · 18 developers, 36 date-assessed projects in Saudi Arabia
Median delay
KAFD Development & Management Company·18 developers in Saudi Arabia
+9.5 mo vs +7.5 mo
this developer 2.0 mo worse
The typical project on each side.
Average delay
KAFD Development & Management Company·18 developers in Saudi Arabia
+8.7 mo vs +14.5 mo
this developer 5.8 mo better
Both pulled by their worst few.
On time
KAFD Development & Management Company·18 developers in Saudi Arabia
33% vs 50%
this developer 17 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

8 of 8 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Riyadh, Saudi Arabia
201020112012201320142015201620172018201920202021202220232024202520262027todayRIYADH, SAUDI ARABIAcompleted, no target publishedcompleted, no target published+9.5 moverified+15 moverified+1.5 moverifiedcompleted, no target publishedcompleted, no target publishedcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

3 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.1/ 10
Weighted judgment across build and operations · from 3 of 3 rated buildings
Little structure evidence (0 of 3 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
—/ 10
Fabric, services, waterproofing, envelope · from 0 of 3 rated buildings
Management & living
8.1/ 10
Upkeep, response times, amenities, community · from 3 of 3 rated buildings

Against other developers

3 rated here · 25 developers, 65 rated buildings in Saudi Arabia
Overall rating
KAFD Development & Management Company · 25 other developers in Saudi Arabia
9.1 vs 7.9
this developer 1.2 better
The weighted verdict on each side. From 3 of 3 rated buildings here and 65 in the market.
Structure & systems
KAFD Development & Management Company · 25 other developers in Saudi Arabia
— vs —
Too few buildings with this score here to compare (0 of 3)
Fabric and engineering only — fixed at handover. From 0 of 3 rated buildings here and 18 in the market.
Management & living
KAFD Development & Management Company · 25 other developers in Saudi Arabia
8.1 vs 7.6
this developer 0.5 better
Upkeep and response — belongs to whoever runs the building now. From 3 of 3 rated buildings here and 60 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

3 rated · 5 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Kimpton KAFD RiyadhKing Abdullah Financial District, Riyadh212 units
9.9/ 10
—/ 10
9.9/ 10

The largest reported review base is Google’s 4.9/5 from 1,009 reviews, which sets a 9.7/10 converted anchor. The written sample and other platforms are consistently positive, with no recurring complaint theme; recurring praise supports a modest upward adjustment, while the evidence remains guest/hospitality evidence rather than a resident-year assessment.

arabiaweddings.comexa.aitripadvisor.comexpedia.combooking.com
+ Modern new-build condition+ Soundproof rooms reported+ Elevator access+ Air-conditioning and heating+ Security systems listed
Not found in sources: No structural complaints found · No plumbing complaints found · No HVAC complaints found · No electrical complaints found · No leak or waterproofing complaints found
+ Attentive staff+ Professional service+ High cleanliness praise+ Strong dining feedback+ Pool and fitness amenities
− Guest-only review base− One table-size complaint− Value opinions mixed− Booking.com had no score yet
Not found in sources: Limited resident evidence

No published review evidence located that assesses the building fabric, plumbing, HVAC, electrical infrastructure, leaks or waterproofing. The available guest material describes rooms as “comfortable, quiet and well appointed” and lists soundproofing, air-conditioning, elevators, smoke alarms, CCTV and 24-hour security, but these are facility descriptions rather than independent engineering assessments.

exa.aibooking.com

Published guest reviews are strongly positive about day-to-day experience: reviewers describe staff as “friendly and energetic, very professional,” call the hotel “super clean and calm,” and praise the breakfast, pool and attentive service. The only specific criticism in the written material read was that “the table is a bit small”; Tripadvisor’s summary also says value opinions are mixed, but no recurring operational failure was identified.

exa.aitripadvisor.combusinesstraveller.com
W Riyadh – KAFDKing Abdullah Financial District, Riyadh210 units
9.2/ 10
—/ 10
6.8/ 10
Almosafer 9.4/10, 8.9/10, 7.4/10, 8.3/10, 8.4/10, 8.6/10 · 19 reviews · global.almosafer.com
Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.8.

Google Reviews/Maps supplies the largest published review base found for the building, at 4.8/5 from 90 reviews, converting to 9.4 on the requested curve. Almosafer is lower at 8.7/10 from 19 ratings, while the reported operational complaints modestly reduce the anchor and the repeated praise partly offsets them.

global.almosafer.comarabiaweddings.commarriott.com
+ Modern development+ Clean rooms+ Air-conditioned rooms+ Elevator access+ Contemporary finishes
− Hot rooms reported− Hot elevators reported
Not found in sources: No published engineering detail · No published plumbing detail · No published electrical detail
+ Strong reception feedback+ Cleanliness praised+ Beautiful atmosphere+ Pool and spa+ Multiple dining options
− Service improvement needed− Slow valet service− Poor luggage assistance− Excessive noise reported− High price complaint

Published guest feedback provides limited physical-systems evidence rather than an engineering assessment. One review said the room was hot and another said “The elevators are hot”; the available platform also lists an 8.4/10 rooms score and an 8.9/10 cleanliness score, but no published evidence was found on framework integrity, plumbing, electrical infrastructure or waterproofing.

global.almosafer.com

The daily guest experience is generally favorable: reviews describe the property as “beautiful,” praise reception, and call it “amazing in every aspect,” while the published amenity scores include 9.4/10 for location, 8.9/10 for cleanliness and 8.3/10 for service. The main operational criticisms were that “service needs improvement,” with excessive noise, slow valet service and poor luggage assistance also reported; another guest said the restaurants were not open and the price was very high.

global.almosafer.comarabiaweddings.com
KAFD Parking Parcels 3.02 and 3.06King Abdullah Financial District, Riyadh
8.1/ 10
—/ 10
7.5/ 10

The only building-specific published aggregate located is 5/5 from 4 reviews for KAFD 3.02 Parking Entrance; because the review base is below 10, the score is constrained to within one point of 6.5 rather than using the raw 10/10 conversion. The single accessible written review is positive, but there is no parcel-specific rating or review evidence for 3.06 and no published structural-condition evidence, so structure remains unevidenced.

exa.aikafd.salinkedin.com
+ free weekend parking+ parking access+ open facility+ visitor convenience+ public availability

no notes returned

no links returned

The only accessible review for the specifically identified 3.02 entrance was positive: “Free parking on weekends... Enjoy” (published 2026-01-11). This supports a limited positive observation about parking convenience, but there is not enough review evidence to assess staff attitude, security, maintenance response, or broader day-to-day living quality; no parcel-specific review was located for 3.06.

exa.ai
Only buildings that have reached handover are rated. 5 of 8 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
King Abdullah Financial District Development and Management Company
Headquarters
3093-6954, Riyadh, Saudi Arabia
Al Aqiq · 13519-6954
Founded
2018
SA
Entity type
SUBSIDIARY
Revenue
not published
Business model
commercial, mixed use, masterplan, other

Partners

13 partners
Public Investment Fund (PIF)
government partner

Wholly owns KAFD DMC and acquired KAFD in 2018.

ACES (Advanced Communications & Electronic Systems Company)
partner

Will build neutral-host 4G and 5G infrastructure supporting KAFD tenants, residents, visitors and businesses.

Mohammed Alrashid Trading & Contracting Company (MARCO)
contractor

Design, procurement, construction, testing, commissioning and handover for specified buildings and sky bridges.

MID Arabia
contractor

Fit-out works for a lifestyle hotel.

Source Machinery
contractor

Development contracts for phases 1–4 of KAFD Area 6.

JASH TECHNICAL Services L.L.C.
contractor

Community services for KAFD common-use facilities.

Hilton
operator

Hotel Management Agreement to operate a 450-key hotel in KAFD.

Adeera Hospitality
operator

Hotel Management Agreement to operate Atheel, the first Saudi-managed hotel within KAFD.

Taj Dhabi
contractor

Design-and-build contract for two KAFD developments.

Parsons Corporation
contractor

Five-year project and construction management contract covering commercial, hospitality, residential, municipal and mixed-use buildings and infrastructure.

CRRC (Hong Kong) Co. Limited and CRRC Nanjing Puzhen Co. Ltd
contractor

Agreement for KAFD’s driverless monorail system.

Hassan Allam Construction Saudi
contractor

Partner in launching and delivering the KAFD monorail project.

Al Rajhi Capital
funder

Sole Structuring Advisor for KAFD DMC’s SAR 12 billion Murabaha facility.

Sources: name

COMPANY2024-02-07

KAFD at PIF Private Sector Forum - Strategic Deals | KAFD KSA

KAFD
KAFD DMC is a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund and oversees the development of the King Abdullah Financial District (KAFD).
value seen: Public Investment Fund (PIF)
held out of the figures · the quote does not carry this value
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: GOVERNMENT_PARTNER
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Wholly owns KAFD DMC and acquired KAFD in 2018.
value seen: Wholly owns KAFD DMC and acquired KAFD in 2018.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2024-02-07

KAFD at PIF Private Sector Forum - Strategic Deals | KAFD KSA

KAFD
KAFD DMC and Advanced Communications & Electronic Systems Company (ACES), a Neutral Digital Infrastructure Company signed a partnership agreement.
value seen: ACES (Advanced Communications & Electronic Systems Company)
held out of the figures · the quote does not carry this value
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: OTHER
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Will build neutral-host 4G and 5G infrastructure supporting KAFD tenants, residents, visitors and businesses.
value seen: Will build neutral-host 4G and 5G infrastructure supporting KAFD tenants, residents, visitors and businesses.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2024-10-30

KAFD Monorail Project Declared - Urban Mobility Plan

KAFD
KAFD DMC inked a landmark agreement with CRRC (Hong Kong) Co. Limited and CRRC Nanjing Puzhen Co. Ltd, alongside Hassan Allam Construction Saudi...
value seen: CRRC (Hong Kong) Co. Limited and CRRC Nanjing Puzhen Co. Ltd
https://www.kafd.sa/en/media-centre/kafd-announces-groundbreaking-monorail-project-as-part-of-visionary-urban-transport-strategy

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Agreement for KAFD’s driverless monorail system.
value seen: Agreement for KAFD’s driverless monorail system.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2024-10-30

KAFD Monorail Project Declared - Urban Mobility Plan

KAFD
...alongside Hassan Allam Construction Saudi, to launch its groundbreaking Monorail...
value seen: Hassan Allam Construction Saudi
https://www.kafd.sa/en/media-centre/kafd-announces-groundbreaking-monorail-project-as-part-of-visionary-urban-transport-strategy

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Partner in launching and delivering the KAFD monorail project.
value seen: Partner in launching and delivering the KAFD monorail project.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2026-06-15

KAFD DMC Secures SAR 12 Billion Facility as Further Development Marches Ahead

KAFD
Al Rajhi Capital acted as the Structuring Advisor for the Facility...
value seen: Al Rajhi Capital
https://www.kafd.sa/en/media-centre/KAFD_DMC_Secures_SAR_12_Billion_Facility_as_Further_Development_Marches_Ahead

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: FUNDER
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Sole Structuring Advisor for KAFD DMC’s SAR 12 billion Murabaha facility.
value seen: Sole Structuring Advisor for KAFD DMC’s SAR 12 billion Murabaha facility.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2024-02-07

KAFD at PIF Private Sector Forum - Strategic Deals | KAFD KSA

KAFD
KAFD DMC awarded three Design and Build contracts to the Mohammed Alrashid Trading & Contracting Company (MARCO)...
value seen: Mohammed Alrashid Trading & Contracting Company (MARCO)
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Design, procurement, construction, testing, commissioning and handover for specified buildings and sky bridges.
value seen: Design, procurement, construction, testing, commissioning and handover for specified buildings and sky bridges.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2024-02-07

KAFD at PIF Private Sector Forum - Strategic Deals | KAFD KSA

KAFD
...MID Arabia stepping in to complete the fit-out works for a lifestyle hotel...
value seen: MID Arabia
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Fit-out works for a lifestyle hotel.
value seen: Fit-out works for a lifestyle hotel.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2024-02-07

KAFD at PIF Private Sector Forum - Strategic Deals | KAFD KSA

KAFD
...Source Machinery were awarded two contracts to embark on the development of Phases 1, 2, 3, and 4 of KAFD’s Area 6...
value seen: Source Machinery
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Development contracts for phases 1–4 of KAFD Area 6.
value seen: Development contracts for phases 1–4 of KAFD Area 6.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2024-02-07

KAFD at PIF Private Sector Forum - Strategic Deals | KAFD KSA

KAFD
...JASH TECHNICAL Services L.L.C. was commissioned to provide comprehensive community services for KAFD’s common use facilities.
value seen: JASH TECHNICAL Services L.L.C.
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Community services for KAFD common-use facilities.
value seen: Community services for KAFD common-use facilities.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2025-10-29

KAFD and Hilton Partner on Landmark Hotel Riyadh

KAFD
...has signed a Hotel Management Agreement (HMA) with Hilton to operate a 450-key hotel...
value seen: Hilton
https://www.kafd.sa/en/media-centre/kafd-and-hilton-partner-on-landmark-hotel/

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: OPERATOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Hotel Management Agreement to operate a 450-key hotel in KAFD.
value seen: Hotel Management Agreement to operate a 450-key hotel in KAFD.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2026-05-18

Introducing Atheel, KAFD Hotel

KAFD
King Abdullah Financial District Development and Management Company (KAFD DMC) has appointed Adeera Hospitality... to operate the property...
value seen: Adeera Hospitality
https://www.kafd.sa/en/media-centre/atheel-kafd-riyadh-hotel

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: OPERATOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Hotel Management Agreement to operate Atheel, the first Saudi-managed hotel within KAFD.
value seen: Hotel Management Agreement to operate Atheel, the first Saudi-managed hotel within KAFD.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2023-11-28

Taj Dhabi Launches New Projects at KAFD KSA

KAFD
Taj Dhabi, a subsidiary of Trojan Construction Group, has been awarded the Design and Build contract for two new developments in KAFD...
value seen: Taj Dhabi
https://www.kafd.sa/en/media-centre/taj-dhabi-awarded-two-new-developments-in-kafd

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Design-and-build contract for two KAFD developments.
value seen: Design-and-build contract for two KAFD developments.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: name

COMPANY2023-08-22

Parsons Riyadh Expands Role with KAFD Partnership | KAFD KSA

KAFD
Parsons Corporation (NYSE: PSN) was awarded a 5-year contract for project and construction management services...
value seen: Parsons Corporation
https://www.kafd.sa/en/media-centre/parsons

Sources: partner type

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
The source describes the partnership and its stated scope.
value seen: CONTRACTOR
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Sources: summary

COMPANYdate not shown in source

KAFD partnership announcement

KAFD
Five-year project and construction management contract covering commercial, hospitality, residential, municipal and mixed-use buildings and infrastructure.
value seen: Five-year project and construction management contract covering commercial, hospitality, residential, municipal and mixed-use buildings and infrastructure.
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-seals-new-partnerships-at-pif-private-sector-forum/

Registrations & licences

COMPANY NUMBER1010436685
Saudi Arabia Ministry of Commerce · SA · active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Saudi Arabiaactive 8 projects tracked

What they build

6 types
Other2 of 8
Hotel2 of 8
Office2 of 8
Retail1 of 8
Residential, for rent1 of 8
Mixed use1 of 8
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
SA
Saad Abdulaziz Alkroud
Alkroud chairs KAFD DMC’s board and, as of the research date, heads PIF’s Local Real Estate Investment Division. The company describes his remit as spanning local real-estate and infrastructure investments, while PIF records earlier PIF leadership as Chief of Staff and Secretary General to its Board of Directors.
Current title
Chairman of the Board of Directors
since 04 September 2025
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
ChairmanPIF real-estate investmentPIF since 2016
https://linkedin.com/in/saadalkroud
KAFD has established itself as a model for urban development that brings together business, community, and innovation. KAFD DMC 04 September 2025https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: principals and executives

COMPANY2025-09-04

Press Release

KAFD DMC
The King Abdullah Financial District Development and Management Company (KAFD DMC), the manager of Riyadh’s premier business and lifestyle destination, today announced the appointment of Saad Abdulaziz Alkroud as Chairman of the Board of Directors with immediate effect.
value seen: Saad Abdulaziz Alkroud — Chairman of the Board of Directors
held out of the figures · the quote does not carry this value
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: linkedin page

SOCIAL2026-09-20

Saad Alkroud

LinkedIn
# Saad Alkroud Head of Local Real Estate Investments - Public Investment Fund (PIF)
value seen: https://linkedin.com/in/saadalkroud
value paraphrased from this source
https://linkedin.com/in/saadalkroud

Sources: date

COMPANY2025-09-04

Press Release

KAFD DMC
04 September 2025, Riyadh — The King Abdullah Financial District Development and Management Company (KAFD DMC), the manager of Riyadh’s premier business and lifestyle destination, today announced the appointment of Saad Abdulaziz Alkroud as Chairman
value seen: 04 September 2025
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: publisher

COMPANY2025-09-04

Press Release

KAFD DMC
The King Abdullah Financial District Development and Management Company (KAFD DMC)
value seen: KAFD DMC
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: quote

COMPANY2025-09-04

Press Release

KAFD DMC
KAFD has established itself as a model for urban development that brings together business, community, and innovation.
value seen: KAFD has established itself as a model for urban development that brings together business, community, and innovation.
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: url

COMPANY2025-09-04

Press Release

KAFD DMC
# KAFD DMC Appoints Saad Abdulaziz Alkroud as Chairman of the Board of Directors
value seen: https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: since

COMPANY2025-09-04

Press Release

KAFD DMC
04 September 2025, Riyadh — The King Abdullah Financial District Development and Management Company (KAFD DMC), the manager of Riyadh’s premier business and lifestyle destination, today announced the appointment of Saad Abdulaziz Alkroud as Chairman of the Board of Directors with immediate effect.
value seen: 04 September 2025
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: summary

COMPANY2025-09-04

Press Release

KAFD DMC
He currently serves as Head of Local Real Estate Investment Division at PIF, where he is responsible for developing local real estate and infrastructure investment portfolio... AlKroud held several senior positions, including Chief of Staff and Secretary General to PIF's Board of Directors
value seen: Alkroud chairs KAFD DMC’s board and, as of the research date, heads PIF’s Local Real Estate Investment Division. The company describes his remit as spanning local real-estate and infrastructure investments, while PIF records earlier PIF leadership as Chief of Staff and Secretary General to its Board of Directors.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: tags

COMPANY2025-09-04

Press Release

KAFD DMC
Alkroud holds extensive leadership experience in real estate investment and development across Saudi Arabia ... He currently serves as Head of Local Real Estate Investment Division at PIF
value seen: Chairman; PIF real-estate investment; PIF since 2016
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.kafd.sa/en/media-centre/kafd-dmc-appoints-saad-abdulaziz-alkroud-as-chairman-of-the-board-of-directors/

Sources: title

COMPANYdate not shown in source

About Us – Business and Lifestyle Destination | KAFD KSA

KAFD DMC
Mr. Saad Alkroud The Chairman of the Board of Directors
value seen: Chairman of the Board of Directors
https://www.kafd.sa/en/kafd-dmc
YA
Yasir Abdullah Alsalman
Alsalman is KAFD DMC’s vice chairman and PIF’s CFO and Head of Finance Division. His documented background includes CFO of SALIC, General Investment Manager of Mobily and Executive Manager of Finance at Kingdom Holding Company; he also holds several external board roles.
Current title
Vice Chairman of the Board of Directors
Experience
no career length stated
Companies before
Saudi Agricultural and Livestock Investment Company (SALIC)MobilyKingdom Holding Company
Education
King Saud UniversityBachelor’s Degree in Accounting
Middle Tennessee State UniversityMaster’s Degree in Accounting Information System
Other boards
Chairman, Telecommunications Towers Company (TAWAL)Board member, Riyad BankBoard member, Saudi Arabian Military Industries (SAMI)Board member, Water Solutions Company
Known for
Vice chairmanPIF CFOCPA (SOCPA)Finance
https://sa.linkedin.com/in/yasir-alsalman-96a16723

Sources: principals and executives

COMPANYdate not shown in source

About Us – Business and Lifestyle Destination | KAFD KSA

KAFD DMC
Mr. Yasir Alsalman Vice Chairman of the Board of Directors
value seen: Yasir Abdullah Alsalman — Vice Chairman of the Board of Directors
held out of the figures · the quote does not carry this value
https://www.kafd.sa/en/kafd-dmc

Sources: education

DIRECTORYdate not shown in source

Yasir Abdullah Alsalman - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
He holds a Bachelor’s Degree in Accounting from King Saud University and Master’s Degree in Accounting Information System from Middle Tennessee State University in the United States of America.
value seen: King Saud University Bachelor’s Degree in Accounting; Middle Tennessee State University Master’s Degree in Accounting Information System
held out of the figures · the quote does not carry this value
https://people.equilar.com/bio/person/yasir-alsalman-saudi-arabias-public-investment-fund/28324420

Sources: full name

DIRECTORYdate not shown in source

Yasir Abdullah Alsalman - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
# Yasir Abdullah Alsalman
value seen: Yasir Abdullah Alsalman
https://people.equilar.com/bio/person/yasir-alsalman-saudi-arabias-public-investment-fund/28324420

Sources: linkedin page

SOCIAL2026-08-21

Yasir Alsalman

LinkedIn
# Yasir Alsalman CFO at PIF Saudi Arabia (SA)
value seen: https://sa.linkedin.com/in/yasir-alsalman-96a16723
value paraphrased from this source
https://sa.linkedin.com/in/yasir-alsalman-96a16723

Sources: other boards

DIRECTORYdate not shown in source

Yasir Abdullah Alsalman - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Mr. Al-Salman is the Chairman of Telecommunications Towers Company (TAWAL), Vice Chairman of King Abdullah Financial District Company (KAFD), and a member of the Board of Directors at Riyad Bank, Saudi Arabian Military Industries (SAMI) and Water Solutions Company.
value seen: Chairman of Telecommunications Towers Company (TAWAL); board member at Riyad Bank; board member at Saudi Arabian Military Industries (SAMI); board member at Water Solutions Company
held out of the figures · the quote does not carry this value
https://people.equilar.com/bio/person/yasir-alsalman-saudi-arabias-public-investment-fund/28324420

Sources: previous companies

DIRECTORYdate not shown in source

Yasir Abdullah Alsalman - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
He previously held various leadership roles across different sectors, including as the Chief Financial Officer of Saudi Agricultural and Livestock Investment Company (SALIC), the General Investment Manager of Mobily, and the Executive Manager of the Finance Department at Kingdom Holding Company.
value seen: Saudi Agricultural and Livestock Investment Company (SALIC); Mobily; Kingdom Holding Company
held out of the figures · the quote does not carry this value
https://people.equilar.com/bio/person/yasir-alsalman-saudi-arabias-public-investment-fund/28324420

Sources: summary

DIRECTORYdate not shown in source

Yasir Abdullah Alsalman - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Mr. Al-Salman currently hold the position of Chief Financial Officer at the Public Investment Fund (PIF) ... He previously held various leadership roles ... Chief Financial Officer of Saudi Agricultural and Livestock Investment Company (SALIC), the General Investment Manager of Mobily, and the Executive Manager of the Finance Department at Kingdom Holding Company.
value seen: Alsalman is KAFD DMC’s vice chairman and PIF’s CFO and Head of Finance Division. His documented background includes CFO of SALIC, General Investment Manager of Mobily and Executive Manager of Finance at Kingdom Holding Company; he also holds several external board roles.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/yasir-alsalman-saudi-arabias-public-investment-fund/28324420

Sources: tags

COMPANYdate not shown in source

About Us – Business and Lifestyle Destination | KAFD KSA

KAFD DMC
Mr. Yasir Alsalman Vice Chairman of the Board of Directors
value seen: Vice chairman; PIF CFO; CPA (SOCPA); Finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.kafd.sa/en/kafd-dmc
JP
John Pagano
Pagano is KAFD DMC’s managing director and also Group CEO of Red Sea Global and Managing Director of AlUla Development Company. His career spans commercial-property development, including more than 23 years at Canary Wharf, the presidency of Baha Mar Development Company and leadership across master planning, financing, construction and asset management.
Current title
Managing Director
since Jan 2024 - Present
Experience
37+ years ’ experience
Companies before
Red Sea GlobalAlUla Development CompanyOld Fort Capital Investments LtdCWGBaha Mar Development Company Ltd.Canary Wharf Contractors
Education
University of TorontoBASc degree in Mechanical Engineering
Other boards
none sourced
Known for
Managing directorex-Canary WharfBASc Mechanical Engineering
https://sa.linkedin.com/in/john-pagano
KAFD is not just a financial district. It is a complete urban ecosystem. The Buzz Business https://www.thebuzzbusiness.com/kafd-the-beating-heart-of-riyadh/

Sources: principals and executives

COMPANYdate not shown in source

About Us – Business and Lifestyle Destination | KAFD KSA

KAFD DMC
Eng. John Pagano Managing Director
value seen: John Pagano — Managing Director
https://www.kafd.sa/en/kafd-dmc

Sources: education

SOCIAL2026-09-29

John Pagano

LinkedIn
John holds a BASc degree in Mechanical Engineering from the University of Toronto.
value seen: University of Toronto BASc degree in Mechanical Engineering
held out of the figures · the quote does not carry this value
https://sa.linkedin.com/in/john-pagano

Sources: linkedin page

SOCIAL2026-09-29

John Pagano

LinkedIn
# John Pagano
value seen: https://sa.linkedin.com/in/john-pagano
https://sa.linkedin.com/in/john-pagano

Sources: previous companies

SOCIAL2026-09-29

John Pagano

LinkedIn
Prior to this, he spent more than 23 years at the world-renowned Canary Wharf development in London ... He also served over four years as President of Baha Mar Development Company Ltd. (BDMC)
value seen: Old Fort Capital Investments Ltd; CWG; Baha Mar Development Company Ltd.; Canary Wharf Contractors
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/john-pagano

Sources: publisher

PRESSdate not shown in source

KAFD, the beating heart of Riyadh

The Buzz Business
John Pagano, managing director, King Abdullah Financial District (KAFD)
value seen: The Buzz Business
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.thebuzzbusiness.com/kafd-the-beating-heart-of-riyadh/

Sources: quote

PRESSdate not shown in source

KAFD, the beating heart of Riyadh

The Buzz Business
“KAFD is not just a financial district. It is a complete urban ecosystem.” John Pagano, managing director, King Abdullah Financial District (KAFD)
value seen: KAFD is not just a financial district. It is a complete urban ecosystem.
https://www.thebuzzbusiness.com/kafd-the-beating-heart-of-riyadh/

Sources: url

PRESSdate not shown in source

KAFD, the beating heart of Riyadh

The Buzz Business
“KAFD is not just a financial district. It is a complete urban ecosystem.”
value seen: https://www.thebuzzbusiness.com/kafd-the-beating-heart-of-riyadh/
https://www.thebuzzbusiness.com/kafd-the-beating-heart-of-riyadh/

Sources: since

SOCIAL2026-09-29

John Pagano

LinkedIn
### Managing Director - KAFD | كافد (Current) Jan 2024 - Present (2 years and 5 months) in Riyadh, Riyadh Region, Saudi Arabia
value seen: Jan 2024 - Present
https://sa.linkedin.com/in/john-pagano

Sources: summary

SOCIAL2026-09-29

John Pagano

LinkedIn
He brings more than 35 years of international experience from all facets of the commercial property industry ... Prior to this, he spent more than 23 years at the world-renowned Canary Wharf development in London ... He also served over four years as President of Baha Mar Development Company Ltd. (BDMC) ... experience covering every aspect of the real estate value chain, including master planning, project structuring, financing, construction and asset management
value seen: Pagano is KAFD DMC’s managing director and also Group CEO of Red Sea Global and Managing Director of AlUla Development Company. His career spans commercial-property development, including more than 23 years at Canary Wharf, the presidency of Baha Mar Development Company and leadership across master planning, financing, construction and asset management.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/john-pagano

Sources: tags

SOCIAL2026-09-29

John Pagano

LinkedIn
Total Experience: 37 years and 6 months ... Prior to this, he spent more than 23 years at the world-renowned Canary Wharf development in London ... John holds a BASc degree in Mechanical Engineering from the University of Toronto.
value seen: Managing director; 37+ years’ experience; ex-Canary Wharf; BASc Mechanical Engineering
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://sa.linkedin.com/in/john-pagano
BA
Bander A. Mogren
Mogren is a KAFD DMC board member and is documented as PIF’s Chief Operating Officer, leading shared services and digital and technology transformation. His earlier roles include NCB Capital, Jadwa Investment and Saudi Telecom Company; the available profile also records board and committee work across several PIF-related companies.
Current title
Board Member
since Feb 2019 - Present
Experience
no career length stated
Companies before
Public Investment Fund (PIF)NCB CapitalJadwa InvestmentSaudi Telecom Company
Education
Eastern Washington University
Other boards
Chairman, SURJ Sports InvestmentBoard member, Gulf International BankNomination and Remuneration Committee member, QiddiyaNomination and Remuneration Committee member, NEOMNomination, Remuneration and Governance Committee member, SAMIHuman Capital and Compensation Committee member, Sanabil InvestmentsNomination and Remuneration Committee member, Saudi Stock Exchange (TADAWUL)
Known for
Board memberPIF COODigital transformationEastern Washington University
https://sa.linkedin.com/in/bander-bin-mogren-9970738

Sources: principals and executives

SOCIAL2026-09-09

Bander Bin Mogren

LinkedIn
### Board Member - KAFD | كافد (Current) Feb 2019 - Present (7 years and 6 months) in Riyadh, Riyadh Region, Saudi Arabia
value seen: Bander A. Mogren — Board Member
held out of the figures · the quote does not carry this value
https://sa.linkedin.com/in/bander-bin-mogren-9970738

Sources: education

DIRECTORYdate not shown in source

Bander A. Mogren — Managing Partner at Staley Capital | Fundraising Fox

Fundraising Fox
Bander A. Mogren studied at Eastern Washington University.
value seen: Eastern Washington University
https://fundraisingfox.com/people/bander-a-mogren-public-investment-fund

Sources: linkedin page

SOCIAL2026-09-09

Bander Bin Mogren

LinkedIn
# Bander Bin Mogren
value seen: https://sa.linkedin.com/in/bander-bin-mogren-9970738
https://sa.linkedin.com/in/bander-bin-mogren-9970738

Sources: other boards

DIRECTORYdate not shown in source

Bander A. Mogren — Managing Partner at Staley Capital | Fundraising Fox

Fundraising Fox
SURJ Sports Investment Chairman current 2023 — present ... Gulf International Bank Board Member current 2018 — present ... Qiddiya ... NEOM ... SAMI ... Sanabil Investments ... Saudi Stock Exchange (TADAWUL)
value seen: SURJ Sports Investment; Gulf International Bank; Qiddiya; NEOM; SAMI; Sanabil Investments; Saudi Stock Exchange (TADAWUL)
held out of the figures · the quote does not carry this value
https://fundraisingfox.com/people/bander-a-mogren-public-investment-fund

Sources: previous companies

DIRECTORYdate not shown in source

Bander A. Mogren — Managing Partner at Staley Capital | Fundraising Fox

Fundraising Fox
He previously worked at SNB Capital, Jadwa Investments and stc.
value seen: NCB Capital; Jadwa Investment; Saudi Telecom Company
held out of the figures · the quote does not carry this value
https://fundraisingfox.com/people/bander-a-mogren-public-investment-fund

Sources: since

SOCIAL2026-09-09

Bander Bin Mogren

LinkedIn
### Board Member - KAFD | كافد (Current) Feb 2019 - Present (7 years and 6 months) in Riyadh, Riyadh Region, Saudi Arabia
value seen: Feb 2019 - Present
https://sa.linkedin.com/in/bander-bin-mogren-9970738

Sources: summary

DIRECTORYdate not shown in source

Bander A. Mogren — Managing Partner at Staley Capital | Fundraising Fox

Fundraising Fox
Chief Operating Officer since 2016, leading PIF's shared services and digital and technology transformation. He previously worked at SNB Capital, Jadwa Investments and stc.
value seen: Mogren is a KAFD DMC board member and is documented as PIF’s Chief Operating Officer, leading shared services and digital and technology transformation. His earlier roles include NCB Capital, Jadwa Investment and Saudi Telecom Company; the available profile also records board and committee work across several PIF-related companies.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://fundraisingfox.com/people/bander-a-mogren-public-investment-fund

Sources: tags

DIRECTORYdate not shown in source

Bander A. Mogren — Managing Partner at Staley Capital | Fundraising Fox

Fundraising Fox
Chief Operating Officer since 2016, leading PIF's shared services and digital and technology transformation.
value seen: Board member; PIF COO; Digital transformation; Eastern Washington University
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://fundraisingfox.com/people/bander-a-mogren-public-investment-fund
MB
Mohammed bin Turki Alsudairy
Alsudairy is listed by KAFD DMC as a board member and is described independently as a PIF senior director and portfolio head in the Local Real Estate Investment Division. Before PIF he managed investments and project financing at Amlak International for Real Estate Finance and worked in corporate finance at KPMG.
Current title
Board Member
Experience
no career length stated
Companies before
Public Investment Fund (PIF)Amlak International for Real Estate FinanceKPMG
Education
Oxford Brookes UniversityMaster of Business Management
King Fahd University of Petroleum and MineralsBachelor’s degree in finance
Other boards
Non-Executive Director, Depa PLCBoard member representing PIF in PIF portfolio companies
Known for
Board memberPIF portfolio headReal-estate investmentOxford Brookes MBA

Sources: principals and executives

COMPANYdate not shown in source

About Us – Business and Lifestyle Destination | KAFD KSA

KAFD DMC
Mr. Mohammed Alsudairy Board Member
value seen: Mohammed bin Turki Alsudairy — Board Member
held out of the figures · the quote does not carry this value
https://www.kafd.sa/en/kafd-dmc

Sources: education

DIRECTORYdate not shown in source

Mohammed bin Turki Alsudairy - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
He holds a Master of Business Management from Oxford Brookes University and a bachelor’s degree in finance from King Fahd University of Petroleum and Minerals.
value seen: Oxford Brookes University Master of Business Management; King Fahd University of Petroleum and Minerals bachelor’s degree in finance
held out of the figures · the quote does not carry this value
https://people.equilar.com/bio/person/mohammed-alsudairy-saudi-reinsurance-company/46357829

Sources: full name

DIRECTORYdate not shown in source

Mohammed bin Turki Alsudairy - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
# Mohammed bin Turki Alsudairy
value seen: Mohammed bin Turki Alsudairy
https://people.equilar.com/bio/person/mohammed-alsudairy-saudi-reinsurance-company/46357829

Sources: other boards

DIRECTORYdate not shown in source

Mohammed bin Turki Alsudairy - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Mr. Alsudairy was appointed as Non-Executive Director of Depa PLC on 23 March 2022. ... Mohammed is a board member representing PIF in a number of PIF portfolio companies.
value seen: Non-Executive Director, Depa PLC; board member representing PIF in PIF portfolio companies
held out of the figures · the quote does not carry this value
https://people.equilar.com/bio/person/mohammed-alsudairy-saudi-reinsurance-company/46357829

Sources: previous companies

DIRECTORYdate not shown in source

Mohammed bin Turki Alsudairy - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
His previous positions include manager of the investments & project financing division at Amlak International for Real Estate Finance (from 2012 to 2018) and associate in the corporate finance division at KPMG.
value seen: Amlak International for Real Estate Finance; KPMG
held out of the figures · the quote does not carry this value
https://people.equilar.com/bio/person/mohammed-alsudairy-saudi-reinsurance-company/46357829

Sources: summary

DIRECTORYdate not shown in source

Mohammed bin Turki Alsudairy - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Mr. Alsudairy joined the Public Investment Fund back in 2018 and currently is a senior director and a portfolio head in the Local Real Estate Investment Division. ... His previous positions include manager of the investments & project financing division at Amlak International for Real Estate Finance ... and associate in the corporate finance division at KPMG.
value seen: Alsudairy is listed by KAFD DMC as a board member and is described independently as a PIF senior director and portfolio head in the Local Real Estate Investment Division. Before PIF he managed investments and project financing at Amlak International for Real Estate Finance and worked in corporate finance at KPMG.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/mohammed-alsudairy-saudi-reinsurance-company/46357829

Sources: tags

DIRECTORYdate not shown in source

Mohammed bin Turki Alsudairy - Executive Bio, Work History, and Contacts - Equilar ExecAtlas

Equilar ExecAtlas
Mr. Alsudairy joined the Public Investment Fund back in 2018 and currently is a senior director and a portfolio head in the Local Real Estate Investment Division.
value seen: Board member; PIF portfolio head; Real-estate investment; Oxford Brookes MBA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.equilar.com/bio/person/mohammed-alsudairy-saudi-reinsurance-company/46357829
BM
Bassam Mohammed Albassam
Albassam is a KAFD DMC board member with a project-delivery and commercial background. His documented experience includes Senior Executive Director at Al Raidah Investment Company, where he worked on KAFD and other major projects, followed by Vice President Commercial at Tatweer Buildings Company; he also represents CTBUH in Saudi Arabia.
Current title
Board Member
since Jan 2022 - Present
Experience
26+ years ’ experience
Companies before
Tatweer Buildings CompanyAl Raidah Investment Company
Education
University of SouthamptonMaster's degree, Master of Business Administration
King Saud University, College of EngineeringBachelor's degree, Mechanical Engineering
Other boards
Saudi Arabia Country Representative, Council on Tall Buildings & Urban Habitat (CTBUH)
Known for
Board memberProject deliveryMBA
https://sa.linkedin.com/in/bassam-m-albassam-b97b9a83

Sources: principals and executives

COMPANYdate not shown in source

About Us – Business and Lifestyle Destination | KAFD KSA

KAFD DMC
Eng. Bassam Albassam Board Member
value seen: Bassam Mohammed Albassam — Board Member
held out of the figures · the quote does not carry this value
https://www.kafd.sa/en/kafd-dmc

Sources: education

DIRECTORYdate not shown in source

Bassam AlBassam - Vice President Commercial - Bayt.com People

Bayt.com People
Master's degree, Master of Business Administration ... King's Saud University, College of Engineering ... Bachelor's degree, Mechanical Engineering
value seen: University of Southampton Master's degree, Master of Business Administration; King Saud University, College of Engineering Bachelor's degree, Mechanical Engineering
held out of the figures · the quote does not carry this value
https://people.bayt.com/bassam-albassam-879283/

Sources: linkedin page

SOCIAL2026-08-23

Bassam M. AlBassam

LinkedIn
# Bassam M. AlBassam
value seen: https://sa.linkedin.com/in/bassam-m-albassam-b97b9a83
https://sa.linkedin.com/in/bassam-m-albassam-b97b9a83

Sources: other boards

DIRECTORYdate not shown in source

Bassam AlBassam - Vice President Commercial - Bayt.com People

Bayt.com People
Saudi Arabia Country Representative ... Council on Tall Buildings & Urban Habitat (CTBUH)
value seen: Saudi Arabia Country Representative, Council on Tall Buildings & Urban Habitat (CTBUH)
https://people.bayt.com/bassam-albassam-879283/

Sources: previous companies

DIRECTORYdate not shown in source

Bassam AlBassam - Vice President Commercial - Bayt.com People

Bayt.com People
### Vice President Commercial ... Tatweer Buildings Company ... ### Senior Executive Director ... Al Raidah Investment Company (AIC)
value seen: Tatweer Buildings Company; Al Raidah Investment Company
held out of the figures · the quote does not carry this value
https://people.bayt.com/bassam-albassam-879283/

Sources: since

SOCIAL2026-08-23

Bassam M. AlBassam

LinkedIn
### Board Member - KAFD | كافد (Current) Jan 2022 - Present (4 years and 1 month) in Riyadh, Riyadh Region, Saudi Arabia
value seen: Jan 2022 - Present
https://sa.linkedin.com/in/bassam-m-albassam-b97b9a83

Sources: summary

DIRECTORYdate not shown in source

Bassam AlBassam - Vice President Commercial - Bayt.com People

Bayt.com People
AIC ... acts as PPA Project Management Office (PMO) to execute and operate mega PPA projects including: • King Abdullah Financial District (KAFD) ... Joined the organization as Director of Contracts & Procurement, moved on upward career trajectories ... Vice President Commercial ... Tatweer Buildings Company
value seen: Albassam is a KAFD DMC board member with a project-delivery and commercial background. His documented experience includes Senior Executive Director at Al Raidah Investment Company, where he worked on KAFD and other major projects, followed by Vice President Commercial at Tatweer Buildings Company; he also represents CTBUH in Saudi Arabia.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.bayt.com/bassam-albassam-879283/

Sources: tags

DIRECTORYdate not shown in source

Bassam AlBassam - Vice President Commercial - Bayt.com People

Bayt.com People
Total years of experience: 26 years, 7 months ... Master's degree, Master of Business Administration
value seen: Board member; Project delivery; 26+ years’ experience; MBA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://people.bayt.com/bassam-albassam-879283/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

8 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
KAFD Parcel 3.01Riyadh, Saudi Arabia
King Abdullah Financial District		retail, other—————20242024-02-07—Jun 2026—not scorablecompleted
KAFD Residential UpliftRiyadh, Saudi Arabia
King Abdullah Financial District		residential for rent5151———————Apr 2026—not scorablecompleted
W Riyadh – KAFDRiyadh, Saudi Arabia
King Abdullah Financial District		hotel2101————202420 May 2024Jan 2025 – Dec 2025Apr 2026+9.5 mo
(+4.0 to +15.0)		sourcedcompleted
Kimpton KAFD RiyadhRiyadh, Saudi Arabia
King Abdullah Financial District		hotel212116———2024June 2024Jun 2024Sep 2025+15.0 mo
(+15.0 to +15.0)		sourcedcompleted
KAFD Parking Parcels 3.02 and 3.06Riyadh, Saudi Arabia
King Abdullah Financial District		other—————20242024-02-07Sep 2024 – Dec 2024Dec 2024+1.5 mo
(0.0 to +3.0)		sourcedcompleted
PP 10 Parcel 1.12Riyadh, Saudi Arabia
King Abdullah Financial District		office—21———20102010—Jan 2023 – Dec 2023—not scorablecompleted
PPA 30 Parcel 5.05 Office TowerRiyadh, Saudi Arabia
King Abdullah Financial District		office—23———20102010—Jan 2023 – Dec 2023—not scorablecompleted
Vertical MedinaRiyadh, Saudi Arabia
King Abdullah Financial District		mixed use—16———20102010—Jan 2023 – Dec 2023—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
SUSTAINABILITY Certified February 18, 2025
LEED Platinum Certifications · KAFD Fire Station; KAFD Headquarters; PIF Tower
KAFD DMC received three LEED Platinum certifications: BD+C for the fire station, ID+C for KAFD Headquarters, and O+M for PIF Tower.
PROJECT AWARD Winner August 11, 2024 (reported August 14, 2024)
King Salman Charter for Architecture and Urbanism Award · KAFD Grand Mosque
KAFD DMC was awarded the Built Projects category for the KAFD Grand Mosque, recognized as a distinguished operational project.
SUSTAINABILITY Certified July 2024
SmartScore Neighborhood Certification · King Abdullah Financial District (KAFD)
KAFD obtained WiredScore’s SmartScore Neighborhood Certification and became the first neighborhood in the Middle East and Africa to receive it.
SAFETY / QUALITY January 23, 2025 (reported January 22, 2025)
WiredScore Certificates of Excellence · KAFD
KAFD received three WiredScore Certificates of Excellence recognizing cybersecurity, data management, and system integration.
PROJECT AWARD Winner 2021
Abdullatif Al Fozan Award for Mosque Architecture · KAFD Grand Mosque
The KAFD Grand Mosque was one of seven winners in the award’s third cycle, with KAFD DMC identified as the client for the project.
Abdullatif Al Fozan Award for Mosque Architecture · https://omrania.com/news/kafd-grand-mosque-wins-abdullatif-al-fozan-award/
PROJECT AWARD Winner 2020
International Architecture Prize — Religious Architecture Prize · KAFD Grand Mosque
The KAFD Grand Mosque received the Religious Architecture Prize in the 2020 International Architecture Awards; the developer’s awards page identifies the project as a KAFD award recipient.
International Architecture Awards · https://kafd.sa/en/awards-and-accolades/
MILESTONE November 15, 2022
Guinness World Records — Largest Light Art Festival · KAFD / Noor Riyadh light art festival
KAFD hosted a light art festival comprising 201 items in collaboration with Noor Riyadh, which was recognized by Guinness World Records.

Risks

Risk flags

2 found
DELIVERY DELAY Reported September 24, 2026; original target March 19, 2026; revised target December 21, 2026
A reported KAFD Area 6 utility-infrastructure package was extended from its original completion target of March 19, 2026 to December 21, 2026; this is a revised future commitment, not evidence that the revised works were completed by the research date.
DELIVERY DELAY Original commitment: 19 March 2026; revised commitment: 21 December 2026; status reported 24 September 2026; research date: 8 October 2026
KAFD Development & Management Company’s King Abdullah Financial District Area 6 utility-tunnel/infrastructure package missed its original 19 March 2026 completion commitment and was extended to 21 December 2026; as of the 24 September 2026 report, works were still ongoing, so the revised date remained a future commitment rather than an actual completion.

Record status

active
Coverageactive
Tracked sinceOctober 8, 2026
Last checkedOctober 8, 2026 this month
Profile last researchedOctober 8, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.