THE MIDDLE EAST’S

33. Mohammed Al Otaibi

Designation : CEO
Company: Ajdan Real Estate Development Company
Headquarters: Saudi Arabia
Established : 2016

The Ajdan Real Estate Development Company’s portfolio includes the Ajdan Waterfront. It is developing major projects like INFINITI, BAYFRONT, and Ajdan Island. In 2024, the company’s key partnerships included a $533.3 million mixed-use project in Riyadh with Aljazira Capital and a $266.6 million real estate fund for Jeddah's Grand Square with MASIC and SEDCO Capital. Ajdan is also a strategic developer and investor for mixed-use development in the Sports Boulevard mega project. AlOtaibi is also the CEO of AlOula Real Estate Development, AlKhobar Lakes Company, and a board member of AMAAD Business Park and AlOula Industrial Cities in Egypt.