World's 100 Most Powerful Arabs 2014
Wed 26 Mar 2014 03:56 PM
Yousef Al Shelash

Company: Dar Al Arkan

Designation: Chairman

Country: Saudi Arabia

Saudi Arabia is planning to build more than 1.65 million homes in different parts of the kingdom to meet demand from its growing population approaching 30 million. As a result, Dar Al Arkan, the kingdom’s biggest listed developer, uniquely positioned to benefit from the kingdom’s building boom.

And as chairman of the company, Yousef Al Shelash is very much in the driving seat. “My goal is that in ten years’ time, we will be the biggest developer in the region,” he told us last year. This is the dream, and I believe we can make it come true.”

The real deal

Al Shelash also said the developments in the Saudi market are likely to have a positive impact on the real estate industry.