Mohammad Albuty CEO of the National Housing Company (NHC), has topped the list of the best CEOs of 2023 in the Middle East, according to Forbes Magazine.
He achieved the first position, becoming the first Saudi in the field of real estate development.
Achievements, Rankings
Albuty was ranked 29th out of 100 executive leaders. His successful leadership has significantly enhanced the status of the National Housing Company, establishing it as a leading real estate development firm in the Gulf Cooperation Council and North Africa regions in a short time.
The company is also recognized for focusing on digital transformation in real estate, leading the sector’s transformation through digitalisation.
Innovative Living System, Quality of Life
Under Albuty’s leadership, the National Housing Company has excelled in creating a different living system through the development of integrated urban communities. These communities prioritize quality of life, offering abundant green spaces and amenities for the well-being of residents.
The primary goal of establishing and developing major projects in various regions of the Kingdom is to provide housing seekers with desirable living environments.
Alignment with Vision of Kingdom
The National Housing Company’s objectives closely align with the Kingdom’s vision. Consequently, its targets directly support the vision’s goals, including raising home ownership to 70%. Furthermore, the company plans to launch new projects and suburbs, aiming for 600,000 housing units by 2030. This goal is unparalleled in real estate development.
Unique Position in Middle East
The list recognizes that CEOs in the Middle East hold greater powers and responsibilities than CEOs in other regions. They lead monopolistic or dual companies that are leaders in the Arab world market and globally.
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