Abuateek assumed CEO duties in 2019 at Umm Al Qura, the developer of the $26.7 billion Masar Destination project in Makkah, spanning 1.2 million square meters and planned to include more than 50,000 units. In 2025, the company reported $774 million in revenues and had $6.9 billion in total assets. In January 2026, Umm Al Qura awarded $1.1 billion in new construction contracts for hospitality towers and shopping centers within the Masar Destination. Abuateek is also a board member at AlBalad AlAmeen for Development and Urban Regeneration.