01:35 AM EDT, 08/12/2026 (MT Newswires) -- Saudi Advanced Industries Co. (SASE:2120), d/b/a SAIC, Chief Executive Officer Khalid Saeed Abukhadhra resigned from the role due to personal reasons. Abukhadhra's resignation is effective Oct. 12. He will be succeeded by Chief Investment Officer Fares Abdulrahman Al-Fares on Oct. 13, the Saudi Arabian investment company said Wednesday.

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