Khalid Al-Amoudi, CEO of the Saudi Real Estate Development Fund

Khalid Al-Amoudi
Updated 12 June 2019

Khalid Al-Amoudi, CEO of the Saudi Real Estate Development Fund

  • Al-Amoudi has also been the head of real estate finance and senior vice president of the National Commercial Bank, AlahliNCB
  • Al-Amoudi obtained a bachelor’s degree in industrial management from King Fahd University of Petroleum and Minerals, in Dhahran

Khalid Al-Amoudi has been the CEO of the Saudi Real Estate Development Fund (REDF) since July 2017.

For the past five years, he has also been the head of real estate finance and senior vice president of the National Commercial Bank, AlahliNCB.

His responsibilities have included leading the NCB market share, orchestrating customer-experience initiatives, and managing mortgage business.

Al-Amoudi has held various positions at the NCB over a period of more than 20 years, working in branch and segment management during his first seven years with the organization.

Between 2007 and 2013, he held the role of vice president for mortgage sales and distribution and led NCB’s mortgage customer outreach program between 2007 and 2011.

He was a product manager in Samba Financial Group’s cash management department between 2004 and 2005.

Al-Amoudi obtained a bachelor’s degree in industrial management from King Fahd University of Petroleum and Minerals, in Dhahran. He also attended a strategic thinking and management for competitive advantage program at the University of Pennsylvania, in the US.

The REDF recently deposited SR863.8 million in the accounts of Sakani housing scheme beneficiaries, SR140.3 million of which was in support of subsidized mortgage contracts and SR723.5 million for recipients of the military support initiative.

Al-Amoudi said that the REDF would continue to provide its services to all registered beneficiaries in line with the Sakani housing program’s goal of increasing the proportion of Saudi homeowners to 60 percent by 2020 and 70 percent in 2030.


KSRelief-backed Al-Amal Arsal Center continues to provide medical services to Syrian refugees

Updated 07 June 2020

KSRelief-backed Al-Amal Arsal Center continues to provide medical services to Syrian refugees

ARSAL, Lebanon:  The Al-Amal Medical Center in Lebanon’s Bekaa governorate continued to provide medical services to Syrian refugees with the support of the King Salman Humanitarian Aid and Relief Center (KSRelief).

It is part of a project to strengthen health services for Syrian refugees and the host community in the town of Arsal.

In May, 4,575 patients visited the clinics and received 8,123 free health services across specialized departments, in addition to receiving help from laboratory, pharmacy and nursing services.

General health clinics received 396 patients, eye clinics had 506 patients, the emergency department 595 patients, dental clinics 325 patients, pediatric clinics saw 347 patients, with 125 vaccinations provided.

ENT clinics received 412 patients, orthopedic clinics 311 patients, heart clinics had 240 patients, urology clinics 472 patients, gastroenterology clinics 180 patients, gynecological clinics 271 patients, gland and diabetes clinics 65 patients, and psychiatric clinics 68 patients.

The Al-Amal Medical Center is following the necessary procedures and precautions in light of the coronavirus pandemic to provide services to patients in a safe medical environment.

Awareness campaigns were carried out to familiarize people with precautionary measures to prevent the spread of the disease, and they were provided with items for personal hygiene.

The medical director of the project, Dr. Tariq Shandab, said that the center aimed to serve more than 45,000 people and provide them with healthcare in a variety of fields, in addition to having an emergency department that worked around the clock and an integrated pharmacy to provide free medicine to all patients.

Shandab expressed his gratitude for the humanitarian services provided by Saudi Arabia, represented by KSRelief, to the Syrian refugees and their host community.