81. Ahmed Al-Sulaim

Designation: CEO
Company: Jeddah Central Development Company (JCDC)
Country: Saudi Arabia
Establishment Date: 2019

Al-Sulaim was appointed to his current position in 2021. JCDC was established in 2019. It is the master developer of the Jeddah Central Project and a wholly owned subsidiary of Saudi’s Public Investment Fund. Launched in December 2021 with a value of around $20 billion, the project aims to develop 5.7 million square meters of Jeddah and expand its beaches with a 9.5 km long waterfront. The first phase of the project is scheduled for completion by the end of 2027. In March 2023, JCDC signed an MoU with Corinthia Group to develop and operate projects within its Marina district across the Red Sea. Al-Sulaim was previously a senior director at Saudi’s Public Investment Fund.