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Message from the CEO

Fouad Alrashed

Everyone desires distinction.. Only few make it come true. Distinction is the difference between beautiful and wonderful, rare and unique, good and great. It’s the aim that everyone pursuits, but only a few reaches it. It’s the highest point that cannot be reached except by an attempt, work and effort that has no definition of enough. It’s far more than a business; it’s a consuming passion. It is about purpose, composition and absolute professionalism; it’s “Communities Innovation”. RAFAL is culture driven, understanding, bold, exceptional, transparent, aspirer and achiever; this is the essence. This is the belief that motivates us to develop high standard quality communities, services and business conduct to reach a unique and exquisite level that’ll become one of our many distinctive niches created.

Board of Directors

Sulaiman Al Muhaidib
Sulaiman Al Muhaidib

Sulaiman Al Muhaidib is the Chairman of Rafal and is also Chairman of some of the leading business institutions in the Kingdom of Saudi Arabia including Al Muhaidib Group, Savola, Al Oula Real Estate, and Middle East Paper Company.
In addition, he sits on the board of other organizations such as SABB (Saudi Arabian British Bank), ACWA Holding and ACWA Power International, Almarai and the National Industrialization Company (TASNEE). Sulaiman has active community and charitable interests and is a board member of the King Salman Center for Disability Research, Prince Fahad bin Salman Charitable Association for Renal Failure Patient Care and the Centennial Fund for young entrepreneurs.

Mohammad A. Abunayyan

A board member. he also sits on the board of A. Abunayyan Group, he also chairs many leading companies and is on the boards of various leading companies in KSA.

Abdulelah A. Abunayyan

A board member, he is also is the CEO of Ibrahim A. Abunayyan & Bros. Co., and a board member of many other renowned companies in KSA.

Saad Alsaif

A board member, he is also on the boards of several leading Saudi and regional companies in various sectors, including health care, hospitality, entertainment and industrial field. In addition to a successful track of over 20 years of experience in banking investments and stocks.

Sultan Almudbil

A board member, he is also a member of the Board of Directors at Lafana Holding Company, Burj Rafal Real Estate Development Company, Communications Solutions Company Limited (CSC), and Dar Al Ibdaa for Development and Real Estate Investment. He is also a member of the Audit Committee of GIB Capital.

Essam A. Almuhaidib

A board member of Rafal in addition to being CEO of Al Muhaidib Group. He also sits on the boards of multiple FMCG, banking, financial, real estate, industrial and contracting companies. Essam also serves on the boards of various charities and educational organizations. He holds a Bachelor of Science degree in Statistics from King Saud University.\

Sayer Alshammari

A board member, he also heads the real estate investments in Al Muhaidib Group since 2009. He also worked at Saad Group, managing its local and international investment portfolio. Sayer holds a BSc in Electrical Engineering and an MBA degree from King Fahad University of Petroleum and Minerals. He is the current president of the CFA Society Saudi Arabia.

Executive Team

Our executive team is of highly experienced caliber; together, we apply our passion for innovation and our ardent in pursuit of better lifestyle solutions in Saudi Arabia, bringing hands-on and professional EXPERTISE, CAPACITY, CAPABILITY, EXECUTION and FACILITIES for our unique communities.

RAFAL’s business philosophy is firmly rooted in combining and leveraging best practices across the globe to deliver best value and services to our client; thus, sound business conduct, satisfied clients’ relationships and profitable partnerships; providing comprehensive range of real-estate products and services, bringing about an upheaval to the real-estate sector in the Kingdom by offering quality real-estate development comprising of residential communities.