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Fahd Al-Rasheed

CEO, KAEC

Search every verified Fahd Al-Rasheed interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Fahd Al-Rasheed, CEO of the Royal Commission for Riyadh City and Chairman of the Saudi Conventions and Exhibitions General Authority (SCEGA), has been a prominent voice at international forums in late 2024 and early 2025, focusing on urban development, the MICE sector, and the future of mobility. At the International MICE Summit 2024, Al-Rasheed stated that the summit was "not its end but rather a beginning" and said that together stakeholders would "create transformation and position the Kingdom as a leading global destination in the world of exhibitions and conferences." He described the sector's growth from about 11,000 events to 177,000 events, adding that the target is 40,000–50,000 events by 2030. At CoMotion GLOBAL '25 in Riyadh, he delivered opening remarks framing mobility as a "catalyst for diversification and competitiveness" and described the Kingdom as undergoing "one of the world's fastest economic and urban transformations." He said Riyadh is positioning itself as a "test bed for the next generation of mobility solutions." In a panel discussion on the "World in 2030," Al-Rasheed emphasized that cities represent the "biggest and largest investment Humanity has ever made," noting that the global housing stock is valued at $380 trillion and that cities produce 70% of global emissions. He stated that he uses AI for his day-to-day work and advised young people to "work hard, study, read and reach out for guidance," adding that he "came from nothing and the one thing I believe in is education." Al-Rasheed also highlighted Riyadh's sustainability program, which he said aims to reduce emissions by 50% and achieve a 50% renewable energy mix by 2030, with 30% of cars to be electric.

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