AlUla Development Company
Fabien T. is currently the Chief Executive Officer at AlUla Development Company. Prior to this, Fabien held various leadership positions in renowned companies such as Lendlease, NEOM, Qatari Diar, Emaar, and Hines. With a background in finance and business, Fabien has successfully led teams and projects in real estate investment and development, asset management, and strategic consulting. Fabien's extensive experience spans over two decades and includes managing multi-billion dollar portfolios and driving revenue acceleration. Fabien holds an MBA from The Johns Hopkins University and has pursued executive education at top institutions such as Harvard Business School and INSEAD.
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AlUla Development Company
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AlUla Development Company is a Public Investment Fund (PIF) company that has been established to support the development of AlUla. It will build and operate a world-class portfolio of hospitality, residential, retail and commercial assets in collaboration with the Royal Commission for AlUla (RCU) and the private sector. With a long-term investment strategy aimed at sustainable economic growth, UDC will rejuvenate and preserve one of the world's largest and oldest cultural sites and create opportunities for the local community in AlUla and the people of Saudi Arabia. AlUla Development Company serves as the gateway to opportunity and growth in AlUla, providing a wide range of opportunities for local and international investment across various sectors. It will offer companies with a chance to be part of Saudi Arabia's ongoing transformation in the pursuit of its goals to support the responsible, sustainable development of AlUla. UDC’s real estate footprint will cover a total gross floor area of 7.3 million square meters. The primary focus includes hotels but extends to villas and penthouses, contemporary apartments built in the new low-rise Saudi architectural style, offices, warehouses, secondary infrastructure, retail and more. AlUla Development Company will support the achievement of PIF goals in line with Vision 2030 and unlock the capabilities of new and promising sectors and support the economic diversification in Saudi Arabia.