About Osool
Osool is an integrated real estate investment and asset management company shaping commercial, retail, and residential destinations across Saudi Arabia. Through investment expertise, operational excellence, and a deep understanding of people and places, we create and manage destinations that deliver sustainable value for investors, businesses, communities, and future generations.
- Who We Are
An Integrated Real Estate Investor and Operator
Osool Integrated Real Estate Co. is an integrated real estate investor and operator headquartered in Riyadh, with capital of SAR 10 billion. The company manages a portfolio of 144 real estate assets and investments valued at SAR 43.2 billion, spanning office, residential and hospitality assets, retail complexes and land across several Saudi cities.
Osool's business model covers the full real estate value chain, from investment and asset management to development in partnership with specialist developers, project delivery management, and property and facilities management. This integrated approach connects investment decisions with asset performance and operational efficiency, helping grow asset value and enhance the experience of tenants, visitors and partners.
- Our Story
From Property Management to Integrated Investment and Operations
Established in May 2022, Osool began with a focus on property management. September 2024 marked a major turning point with the issuance of Mandate Resolution No. 1495, which expanded the company's remit to include investment management. At the same time, the real estate asset and investment portfolio was transferred to Osool's direct management, and the company was placed under the direct oversight of the General Organization for Social Insurance (GOSI).
In 2025, Osool entered a new phase of building its investment and operational capabilities. The Board of Directors and its committees began their work, a supervisory committee was established to oversee the transfer of the real estate investment portfolio, the corporate strategy was completed, and the institutional transformation plan was launched. A Chief Executive Officer was also appointed, and the new organisational structure was approved.
Our Vision
To establish Osool as the Kingdom's most trusted real estate investor and operator by developing exceptional communities and strengthening our national impact.
Our Mission
To deliver real estate solutions that create long-term value through excellence, partnerships and inspiring projects.
- Our Journey
Milestones in
Our Journey
A series of institutional milestones has expanded Osool's remit and established its integrated real estate investor and operator model.
May 2022
Osool Integrated Real Estate Co. launches and begins its property management operations.
September 2024
Mandate Resolution No. 1495 expands Osool's remit to include investment management. The real estate asset and investment portfolio is transferred to its direct management, and the company comes under the direct oversight of the General Organization for Social Insurance (GOSI).
January 2025
The Board of Directors begins its work, its committees are formed, and supervisory and executive management appointments are completed.
February 2025
A supervisory committee is established to identify and value the assets included in the transfer of the real estate investment portfolio.
March 2025
Osool launches its strategy development project to establish a clear roadmap for growth and development.
June 2025
The corporate strategy is completed, with a focus on growing portfolio value, improving returns on investment and building a more agile operating model.
September 2025
The Chief Executive Officer is appointed, and the corporate strategy and integrated institutional transformation plan are launched.
November 2025
Osool participates in Cityscape Global to showcase its portfolio and services and strengthen relationships with investors and partners.
December 2025
The new organisational structure is approved and launched to improve efficiency, clarify responsibilities and accelerate decision-making.
Leadership with
Complementary Expertise
Osool's Board of Directors and executive management bring together diverse expertise in investment, real estate, finance, operations and governance. They guide the implementation of the company's strategy, improve business efficiency and grow portfolio value.
Mr. Feras Albanyan
Chief Executive Officer
Mr. Feras Albanyan
Chief Executive Officer
Feras Abdullah Saleh Albanyan has served as Chief Executive Officer of Osool Integrated Real Estate Co. since September 2025. He brings more than 20 years of experience across banking, real estate and investment, with a career spanning corporate transformation, strategy development, governance and organisational performance. His work has focused on creating lasting value for stakeholders.
At Osool, Albanyan leads the company’s growth and the integration of its operations. His priorities include developing the real estate portfolio, improving asset management efficiency and building strategic partnerships that support long-term investment objectives. He also works to strengthen Osool’s position in real estate investment and asset management in line with its future ambitions.
Before joining Osool, he was Chief Executive Officer of Aqalat Real Estate Company, an stc Group subsidiary. He developed the company’s corporate strategy and operating model, launched its first mixed-use development and led a portfolio restructuring plan to enhance shareholder value.
Previously, Albanyan served as Chief Strategy Officer at KAFD Development & Management Company, where he developed the corporate strategy, oversaw asset management and coordinated strategic partnerships with leading developers and investors.
His career also includes senior roles at Mohammed Abdulaziz Al Rajhi & Sons Investment Co., SABB, Arab National Bank and J.P. Morgan, giving him extensive experience across finance, investment and real estate.
Albanyan holds a bachelor’s degree in Business Administration from King Saud University and has completed advanced executive education in strategic planning at INSEAD, further developing his leadership and strategy execution capabilities.
Eng. Ziad AlHazmi
Chief Operating Officer
Eng. Ziad AlHazmi
Chief Operating Officer
Ziad AlHazmi has served as Chief Operating Officer of Osool Integrated Real Estate Co. since August 2022. An experienced real estate development executive, he brings extensive expertise across construction and investment.
His career encompasses the delivery and management of projects in infrastructure, residential communities, healthcare, hospitality, transport and real estate investment. This experience spans projects of varying scale and complexity, including the Crowne Plaza Hotel and Obhur City in Jeddah.
AlHazmi played a central role in establishing Osool and bringing its operations into service, translating strategic priorities into an effective operating structure that supports sustainable growth and organisational performance. He also led the integration of the General Organization for Social Insurance’s managing entities and helped oversee Osool’s transition from strategic planning to full operation.
Previously, he held senior leadership positions at Raidah Investment Company and Hassana Investment Company, representing owners and overseeing real estate development and strategic investment portfolios. At Osool, he has held several executive roles, including Chief Strategy Officer. In these positions, he led business planning and strategy implementation, improved portfolio performance, and strengthened governance and coordination across business functions.
AlHazmi holds a master’s degree in Engineering Management from [university name to be confirmed] and a bachelor’s degree in Civil Engineering from [university name to be confirmed]. He is also a certified Project Management Professional (PMP). These qualifications underpin his approach to leading strategic initiatives and major developments with a focus on efficiency and operational excellence.
Mr. Mohammed AlHassan
Chief Finance Officer
Mr. Mohammed AlHassan
Chief Finance Officer
Mohammed Sami AlHassan has served as Chief Finance Officer of Osool Integrated Real Estate Co. since July 2022. He brings more than 14 years of experience in financial operations, treasury management and systems automation, particularly in the petrochemical and energy sectors. His career includes roles at leading companies, where he has contributed to financial transformation, operational efficiency and financial discipline.
At Osool, AlHassan led a lease review project that improved the accuracy of tenant invoicing, strengthened collections and enhanced the quality of financial data available to decision-makers. He continues to advance the company’s financial priorities, supporting operational efficiency, financial discipline and value creation for shareholders and other stakeholders.
AlHassan holds a bachelor’s degree in Finance from King Fahd University of Petroleum and Minerals. He has held finance roles at SABIC, Tasnee and Tarshid, building broad experience in financial planning, liabilities and liquidity management, and the improvement of financial controls and procedures. At Petrokemya, he led the automation of joint venture recharge processes, improving both financial efficiency and processing accuracy.
At the National Industrialization Company (Tasnee), he contributed to the restructuring of approximately SAR 5 billion in corporate debt as part of financing and liability management initiatives. This work supported a more efficient capital structure and stronger financial risk management. At Tarshid, he established the treasury department and helped develop liquidity management policies and procedures, strengthening financial governance and cash management.
Eng. Azzam AlEhaidib
Chief Asset Management Officer
Eng. Azzam AlEhaidib
Chief Asset Management Officer
Azzam AlEhaidib has served as Chief Asset Management Officer of Osool Integrated Real Estate Co. since June 2022. He is an experienced executive in facilities and real estate asset management, with a strong background in leading complex operational and technical programmes across infrastructure portfolios.
AlEhaidib directs asset management and related operations, with a focus on improving efficiency and performance while supporting expansion and sustainable growth. His work helps Osool create lasting stakeholder value and embed best practices in real estate asset management.
He joined Osool in a senior operations role and helped establish and develop the company’s organisational and operating structure. He led initiatives to introduce integrated, total and technical facilities management models, improve service delivery, raise operational standards and advance digital transformation. In recognition of his leadership and contribution to performance improvement, he was subsequently promoted to broader executive responsibilities within the company’s operations.
Earlier in his career, AlEhaidib held several leadership positions at King Saud bin Abdulaziz University for Health Sciences. He led multidisciplinary operational and technical programmes and oversaw the management and operation of diverse infrastructure projects, building extensive experience in operational governance, service management and institutional infrastructure.
AlEhaidib holds a bachelor’s degree in Electrical Engineering and is a certified Project Management Professional (PMP). He brings a disciplined approach to managing operational initiatives in line with professional best practices.
Mr. Ibrahim AlFraih
Chief People Officer
Mr. Ibrahim AlFraih
Chief People Officer
Ibrahim AlFraih has served as Chief People Officer of Osool Integrated Real Estate Co. since June 2022. He brings more than 20 years of experience leading and developing human resources functions across multiple industries. His expertise lies in aligning people initiatives with corporate strategy and designing programmes that support business growth, organisational effectiveness and productivity.
AlFraih oversees the development and implementation of Osool’s human capital strategies, ensuring they reflect the company’s priorities and long-term plans. His responsibilities include strategic workforce planning and the development of policies and procedures that improve operational effectiveness and strengthen governance.
He leads organisational change programmes that align working practices with strategic priorities and prepare the business for transformation. He also works to build a positive, values-led culture that encourages innovation and collaboration while reinforcing accountability and excellence.
His remit includes developing performance management frameworks for the organisation and its employees, establishing clear objectives and encouraging high-quality performance. He also leads initiatives to empower employees and improve their experience at Osool, reflecting the company’s belief that its people are fundamental to its success.
AlFraih holds a bachelor’s degree in Business Administration and a master’s degree in Human Resource Management. He is also a Chartered Member of the Chartered Institute of Personnel and Development (MCIPD).
Dr. Mohammad AlWaheed
Chief Legal Officer
Dr. Mohammad AlWaheed
Chief Legal Officer
Dr. Mohammad AlWaheed has served as Chief Legal Officer of Osool Integrated Real Estate Co. since August 2023. He brings more than 18 years of experience in legal affairs, governance, risk and compliance across the public and private sectors. His career has involved developing legal and regulatory frameworks, strengthening governance and risk management, and handling complex matters in demanding regulatory environments.
Dr. AlWaheed oversees Osool’s legal affairs, ensuring the company’s activities comply with local laws and regulations and reflect sound regulatory practice. His work supports informed corporate decisions and a comprehensive approach to compliance. He also led the establishment and development of Osool’s governance, risk and compliance function, introducing frameworks that support proactive governance, effective risk management and consistent compliance across the business.
Before joining Osool, Dr. AlWaheed served as Senior Legal Advisor to H.E. the Minister of Investment, advising on investment matters and investor-related cases. Previously, he was Senior Counsel and Head of In-Kingdom Litigation at Saudi Aramco, representing the company before the Supreme Court and the Administrative Supreme Court and managing complex cases with significant implications for the business.
Earlier in his career, he served as a judge at the Board of Grievances, presiding over administrative, commercial and criminal cases. This experience strengthened his judicial expertise and understanding of complex legal and regulatory requirements.
Dr. AlWaheed holds a doctorate and a master’s degree in Law from Suffolk University Law School in Boston, a bachelor’s degree in Sharia from Umm Al-Qura University, and a Higher Diploma in Law from the Institute of Public Administration.
Eng. Abdulrahman AlShawan
Chief Internal Audit Officer
Eng. Abdulrahman AlShawan
Chief Internal Audit Officer
Abdulrahman AlShawan has served as Chief Internal Audit Officer of Osool Integrated Real Estate Co. since July 2023. A prominent internal audit leader in Saudi Arabia, he brings more than 15 years of experience in managing and auditing internal operations and strengthening corporate compliance. His expertise includes designing effective internal audit programmes and developing assurance approaches that promote transparency, accountability and sound operating practices.
At Osool, AlShawan leads the internal audit function, strengthening internal controls, compliance and governance. He provides independent insights that improve operational efficiency and support senior management’s objectives, helping the company build resilience, manage risk and make better-informed decisions.
Throughout his career, he has established and led internal audit departments at government entities and leading companies, including Osool. His experience encompasses major project audits, risk management, governance and compliance. He has worked in complex operating environments at Saudi Aramco, SABIC, Bechtel and EXPRO, and serves on the audit committees of several companies, supporting effective oversight and aligning audit priorities with those of senior management.
AlShawan holds a master’s degree in Building Science from Imam Abdulrahman Bin Faisal University and a bachelor’s degree in Civil Engineering from King Faisal University. He is a Certified Internal Auditor (CIA) and a certified Project Management Professional (PMP), and has completed an executive management programme at Henley Business School, University of Reading, in the United Kingdom.
Mr. Fahad AlKassim
Chairman
Mr. Fahad AlKassim
Chairman
Fahad AlKassim is an entrepreneur and a prominent figure in Saudi Arabia’s business community. He serves on the boards of several major companies, including Savola, Jarir and Taiba, and chairs Liwan Real Estate Development.
During his career, he has founded businesses including Amwal Financial Consulting and Century 21 Saudi Arabia. He has also held senior executive positions, including Chief Executive Officer of Al Othaim Trading Company and Dallah Hospital. Alongside his business activities, he contributes to voluntary and academic initiatives, including service on the advisory board of Imam Mohammad Ibn Saud Islamic University.
AlKassim holds a bachelor’s degree in Accounting from King Saud University and has completed an executive programme at the University of Oxford. He is a licensed certified public accountant and a certified valuer.
Mr. Abdulaziz AlNowaisir
Vice Chairman
Mr. Abdulaziz AlNowaisir
Vice Chairman
Abdulaziz AlNowaisir brings more than 25 years of experience in accounting, finance and investment. He serves as Chief Executive Officer of Emaar The Economic City, leading the city’s development and strengthening its position as a major centre for investment and trade.
He chairs boards and committees at major companies, including Tawuniya and United Insurance, and serves on audit committees at organisations including Saudi Arabia Railways (SAR), the National Water Company and flyadeal.
AlNowaisir holds a bachelor’s degree in Accounting from King Saud University and a master’s degree in Accounting from Case Western Reserve University, alongside specialist professional certifications.
Mr. Nader Ashour
Board Member
Mr. Nader Ashour
Board Member
Nader Ashour brings more than 20 years of experience in finance, strategy and executive leadership. Since July 2024, he has served as Chief Financial Officer of NEOM, guiding its financial and strategic direction.
Previously, he held the roles of Deputy Chief Executive Officer for Strategy and Chief Financial Officer at Bupa Arabia, contributing to the company’s financial performance. His earlier career at Saudi Aramco included responsibility for major projects, including the company’s initial public offering.
Ashour serves on several boards and committees, including the boards of Bupa Arabia, Saudi Ground Services and SISCO Holding. His responsibilities also include chairing an audit committee and serving on other board committees.
Mr. Marwan AlGhamdi
Board Member
Mr. Marwan AlGhamdi
Board Member
Marwan AlGhamdi serves on the Board of Osool Integrated Real Estate Co. and is Assistant Governor for Strategy and Transformation at the General Organization for Social Insurance (GOSI). He brings more than 18 years of experience leading corporate transformation and developing strategies across the public and private sectors.
His service on boards and audit, risk and governance committees has given him broad experience across financial, operational and regulatory matters. This background informs his approach to developing solutions that address digital transformation and development needs in line with Saudi Vision 2030 and the strategic priorities of different sectors.
AlGhamdi holds a bachelor’s degree in English Literature and Criticism from Imam Mohammad Ibn Saud Islamic University. He has also completed advanced executive programmes in strategy, change management and customer experience at institutions including INSEAD, MIT and IMD.
Mr. Jehad AlKadi
Board Member
Mr. Jehad AlKadi
Board Member
Jehad AlKadi has served as Chief Executive Officer of Arriyadh Development Company since December 2021. He brings more than 20 years of professional experience in finance and investment.
His career includes leadership positions at the Public Investment Fund (PIF), SEDCO Capital, Jadwa Investment and Saudi National Bank (SNB).
AlKadi serves on the boards of Umm Al Qura for Development and Construction Company and Riyad Capital, and on the Executive Committee of New Murabba Development Company. He also serves on several related board committees and is a member of JLL’s advisory board in Saudi Arabia.
Mr. Homood AlTuwaijri
Board Member
Mr. Homood AlTuwaijri
Board Member
Homood AlTuwaijri serves on the audit committees of the Insurance Authority and Banque Saudi Fransi. He has previously served on the boards and committees of organisations including Alinma Bank, Tawuniya, Mobily, the Royal Commission for Jubail and Yanbu, Marafiq and Aluminium Bahrain (Alba).
During his career, he has chaired and served on the boards of several Saudi Basic Industries Corporation (SABIC) subsidiaries in Saudi Arabia, Europe and the United States.
His leadership roles at SABIC have spanned legal affairs, internal audit, finance, strategic petrochemical business units and logistics. He also headed the National Industrial Clusters Development Programme.
Dr. Raeyd bin Mansour AlDakeel
Board Member
Dr. Raeyd bin Mansour AlDakeel
Board Member
Dr. Raeyd bin Mansour AlDakeel has served as Chief Executive Officer of Mawten Real Estate Company since 2010. He brings more than 20 years of experience in real estate development.
He has led major projects including Industrial Gate City in Riyadh, the Mawten Hilton hotel complex in the Financial District, the Mawten Masar residential development in Makkah, and ready-built factory projects across Saudi Arabia.
Dr. AlDakeel serves on the boards and investment committees of several companies, including AlRajhi United Real Estate Company, Tadawul Real Estate Company, Shamael Investment Company and Arabian Masheed Company. He previously held leadership positions at Kinan and served as Head of the Department of Architecture and Building Sciences at King Saud University.
He holds a doctorate in Architecture and Planning from the University of Michigan.
- Who We Are
Growing Value with Every Destination
Discover how Osool combines an integrated business model, a diverse real estate portfolio, and a long-term vision to create value across Saudi Arabia.
