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Abdullah Aldawood, CEO, playing a key role in development of visionary Qiddiya City

Abdullah Aldawood, is the CEO and Managing Director of Qiddiya Investment Company
 

Visionary leadership boosting development of Qiddiya City  

Abdullah Aldawood serves as the CEO and Managing Director of Qiddiya Investment Company (QIC), a rapidly expanding organization spearheading the development of Qiddiya City—a visionary new destination adjacent to Riyadh, Saudi Arabia. Rooted in the 'Power of Play' philosophy, Qiddiya City aims to redefine urban living by integrating play into the very fabric of the city. Under Aldawood’s leadership, QIC has grown to over 1,000 employees from more than 50 countries, with hundreds of new executives joining annually to support the ambitious scale of the project.

Aldawood brings a strong track record of successful leadership in the Kingdom, having previously transformed Seera Holding Group from a traditional travel agency into a cutting-edge enterprise encompassing travel, tourism, hospitality, and technology. In addition to his role at QIC, Aldawood chairs the Saudi Entertainment Ventures Company (SEVEN), which is in the process of constructing 20 entertainment complexes across Saudi Arabia.

Qiddiya City, located in the stunning Tuwaiq Mountains, is more than just a city—it is a direct embodiment of Vision 2030. The 'Power of Play' philosophy guiding its development is built on the belief that play can significantly enhance the quality of life, promoting well-being and happiness. QIC collaborates with hundreds of the world’s most innovative companies across various industries to bring this vision to life, creating a city where work and play seamlessly blend.

 

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Qiddiya City is set to become a global hub for sports, entertainment, and culture, hosting leading international events. The city will feature approximately 59,000 buildings, including residential areas and essential services like schools and hospitals. With substantial investments in world-class infrastructure, residents and visitors will enjoy efficient, environmentally responsible, and affordable public transportation, befitting a modern and sustainable city.

Over the past year, Qiddiya City has achieved several significant milestones, advancing towards the completion of key assets and initiating new construction projects. Currently, over 20,000 construction professionals are on-site, a number expected to grow to 100,000 by its peak in 2032.

Qiddiya City is a long-term project, set to evolve through 2050. Upon completion, it will feature over 400 attractions, accommodate up to 600,000 residents, and attract 48 million visitors annually. The city’s infrastructure is already taking shape, with the first public attractions—the Six Flags theme park and Aquarabia water park—scheduled to open by the end of 2025. Other major projects in development include private golf courses, a motorsports track, and a gaming and esports district.

 

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Qiddiya City is poised to attract significant investment across various sectors over the next 20 to 30 years, positioning itself as a key driver of economic diversification in Saudi Arabia.

Source: https://www.cbnme.com/

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