Who’s Who: Taha Nazer, chief financial officer of Cruise Saudi

Taha Nazer
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Updated 28 June 2023
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Who’s Who: Taha Nazer, chief financial officer of Cruise Saudi

Taha Nazer has been appointed as the new chief financial officer of Cruise Saudi, a business wholly owned by the Public Investment Fund.

With over 16 years of experience in finance, accounting, risk management, business development and investor relations, Taha brings a wealth of expertise and leadership to the organization.

Currently, Taha serves as the audit committee chairman for TLD Arabia Equipment Services, a joint venture between Saudi Ground Services and TLD International.

In his previous role at Saudi Ground Services, Taha held a leadership position overseeing the finance, risk management and information technology functions, where he successfully established a sustainable process to ensure financial stability through facilitating strategic decision-making, implementing robust internal control frameworks, automating business processes and monitoring and mitigating strategic risks.

Prior to Saudi Ground Services, Taha accumulated over a decade of experience in accounting and finance at Saudi Aramco, where he held various roles and handled diverse responsibilities.

In addition, in 2014, he was seconded to Motiva Enterprises, in the US, for a period of three years, where he led the assurance function and ensured compliance with US regulations.

Taha obtained his higher education in the UK, earning a master’s in business administration from the University of Strathclyde in Scotland and a bachelor’s degree in accounting and financial management from the University of Hull.

He has also participated in various leadership programs from globally recognized management institutions.

 


Makkah’s urban shift enhances the city’s quality of life

Updated 08 February 2026
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Makkah’s urban shift enhances the city’s quality of life

  • By harmonizing its religious heritage with modern urban development, Makkah is proving that a city can honor its past while vigorously embracing the future

MAKKAH: Islam’s holiest city is currently witnessing a qualitative urban shift, one that seamlessly blends its profound spiritual sanctity with a modern, vibrant lifestyle. By integrating cultural, educational, and entertainment initiatives, Makkah is redefining the visitor experience and significantly enhancing the quality of life for its residents, directly supporting the goals of Saudi Vision 2030.

The city’s transformation was recently highlighted by the success of the Makkah winter season. The event attracted approximately 400,000 visitors — over 60% of whom were locals — demonstrating a strong domestic demand for high-quality public spaces.

The season revitalized community interaction, driving a 35% increase in visits to recreational sites and creating more than 1,200 temporary jobs for the local workforce.

Central to this urban renaissance is the Hira Cultural District. Since opening its doors in January 2023 near the historic Mount Hira, the district has become a definitive landmark that bridges Islamic history with contemporary identity.

Makkah’s Hira Cultural District has become a definitive landmark that bridges Islamic history with contemporary identity. (SPA photo)

Far from being a static monument, the district has cultivated a thriving creative economy. Its craftsmanship program, which features over 100 artisans, has generated up to SAR 3 million in sales and attracted 130,000 visitors to live workshops. These interactive spaces allow visitors to engage directly with the region’s heritage, moving beyond passive observation to active participation.

A living legacy 

The shift extends to Makkah’s broader ecosystem of museums and cultural sites, which are now positioned as key pillars of cultural tourism. Facilities like the Revelation Exhibition use cutting-edge technology and multilingual content to narrate the story of the Holy Quran’s revelation, offering an immersive experience that complements the spiritual journey of pilgrims.

These efforts align with the “Makkah: A Living Legacy” campaign, which seeks to document the city’s historical narrative and preserve its collective memory. Recent months have seen a surge in educational workshops for university students and tour guides, ensuring that the human element of Makkah’s history is conveyed with accuracy and depth.

City’s transformation recently highlighted by the success of the Makkah winter season. (SPA photo)
 

Economic and social impact 

The results of this integrated approach are tangible. Specialized museums and restored historic sites now attract up to 1.6 million annual visitors. Crucially, this cultural enrichment is encouraging pilgrims to linger longer, increasing the average duration of stay by 18%.

By harmonizing its religious heritage with modern urban development, Makkah is proving that a city can honor its past while vigorously embracing the future, offering a holistic experience that nourishes both the soul and the community.