Knowledge Economic City Company has announced the appointment of Ibrahim Ahmed bin Mohammed Al-Balushi as its CEO. The appointment is effective from Feb. 5.
Al-Balushi holds a bachelor's degree in electrical engineering from King Fahd University of Petroleum and Minerals and features a distinguished experience in the financial and the real estate sectors, through his previous career in the Islamic banking and investments sector in Saudi Arabia and other Gulf states.
He also served as project manager for the Middle East and North Africa at the International Financing Company of the International Bank.
In the real estate and investments sector, he held several leading positions and executive functions in a number of companies and also received a number of courses and specialized trainings in modern methods of operational and financial management. He is a member of various professional associations within and outside the Kingdom.
Marwan Mohammed Fahmie, the previously-designated acting CEO, will continue in his duties as vice president for projects and operations in the company.
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