The National Housing Corporation (NHC) has announced the establishment of a board of directors for the new term (2026-2030 AD), headed by His Excellency Musaed bin Abdulaziz Al Daoud, after being elected by His Excellency Majid bin Abdullah Al Hogair, Minister of Urban Housing and His Excellency Mohammed bin Abdullah, Minister of Finance. Al Jadaan, representative of the company’s equity owners.
The NHC Board of Directors was established in a new session with Mr. Ibrahim bin Mohammed Al Ghayhab appointed as the Vice-Chairman of the Board, and Mr. Ahmed bin Abdullah Al Al Sheikh, Mr. Abdul Rahman bin Abdullah Al Taweel, Mr. Abdul Aziz bin Musa’id Al Musaed, and Mr. Abdullah bin Fahd, Engineer, as members. Mr. Al-Fassam and Mr. Mohammed bin Saleh Al-Buti are “executive members.”
On behalf of the members of the Board, His Excellency the Chairman of the Board expressed his gratitude to His Excellency the Honorable Minister for the confidence placed in him and expressed his hope that the work of the Board during the new session will contribute to maximizing the role of the NHC as a key enabler in the field of real estate development and solutions, supporting the growth of the organization, improving governance efficiency, and as an enabler of the public and private sectors through effective strategic partnerships that contribute to the development of integrated urban destinations in partnership with experienced personnel. A talented real estate developer.
It is noteworthy that the NHC project embodies the company’s vision to develop integrated urban communities, in line with the goals of the Housing Program, one of the programs of Saudi Vision 2030, by increasing the home ownership rate to 70%. NHC also continues to strengthen its position as the region’s largest real estate developer.
The National Housing Company (NHC) has announced the establishment of its Board of Directors for a new term (2026-2030), chaired by His Excellency Musad bin Abdulaziz Al Dawood, following the selection of Majid bin Abdullah Al Hokair, Minister of Urban Affairs, Rural Affairs and Housing, and Mohammed bin Abdullah, Minister of Finance. Mr. Al Jadaan represents the company’s equity owners.
The newly appointed NHC Board of Directors includes Mr. Ibrahim bin Mohammed Al Ghaith as Vice-Chairman, Mr. Ahmed bin Abdullah Al Sheikh, and Abdulrahman bin Abdullah Al – Mr. Tawil, Mr. Abdulaziz bin Musad Al Musad, engineers Mr. Abdullah bin Fahd Al Fasam, and Mr. Mohammed bin Saleh will join as members. Al Batti was appointed as an “executive member”.
His Excellency the Chairman of the Board, on behalf of the members of the Board, expressed his gratitude to the esteemed Ministers for their confidence and said that he looked forward to the efforts of the Board during his new term to contribute to the growth of the institution, increase efficiency in governance, maximize NHC’s role as a leading enabler in the field of development and real estate solutions, and promote both the public and private sectors through effective strategic partnerships that contribute to the development of integrated urban destinations in partnership with experienced and qualified real estate developers.
It is noteworthy that NHC’s projects embody the company’s vision in developing integrated urban communities in line with the goals of the Housing Program, one of the programs of Saudi Vision 2030, which aims to increase the home ownership rate to 70%. NHC continues to strengthen its position as the region’s largest real estate developer.
