Riyadh – Mubasher: Retal Urban Development Company announced two key appointments for a new board term that began on 26 May 2025 and will end on 25 May 2029.
The company named Ibrahim Abdullah Abdullatif Al Fozan as the board’s Chairman for the next four years, according to a bourse filing.
Meanwhile, Fozan Mohammed Al Fozan was appointed as the Vice Chairman.
Last year, Retal recorded 31.51% higher net profits after tax at SAR 266.12 million, compared to SAR 202.35 million in 2023.
