04:45 AM EDT, 10/25/2026 (MT Newswires) -- Dar Al Majdiah Real Estate Co. (SASE:4326) appointed Raed bin Mohammed Al Naeem as chief executive officer, effective Nov. 1. Al Naeem, who previously served in the same position at an undisclosed company, will succeed acting CEO Abdulsalam bin Abdulrahman Al Majed, according to a Sunday release. Al Majed will continue to serve the real estate company as managing director.

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