44. Abdullah Al-Braikan

Designation: CEO
Company: Retal Urban Development
Country: Saudi Arabia
Establishment Date: 2012

Al-Braikan co-founded Retal Urban Development in 2012 and became a listed company in 2022. Retal delivered over 44 real estate projects and has more than 11,700 units developed or under construction worth a total of $4.6 billion. The company is comprised of many partnerships, notably with National Housing Company with more than 10,000 units under development. Retal was the first developer to work with PIF owned Roshn with more than 2000 units under development. The company is currently working on two hospitality projects in Khobar; the first privately owned Ritz Carlton in Saudi Arabia; and the Nobu Hotel and Restaurant. The company recorded total assets worth $968 million and revenues of $364 million in 2023. It had a market cap of $1.2 billion as of 28th March 2024. Al-Braikan is also a board member of Jeddah Central Development Company, as well as Retal’s subsidiary companies.