SRC names Majeed Al-Abduljabbar as new CEO

Majeed Al-Abduljabbar
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Updated 24 October 2023
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SRC names Majeed Al-Abduljabbar as new CEO

The board of directors of the Saudi Real Estate Refinance Company announced that Majeed Al-Abduljabbar will assume the role of CEO, effective Jan.1, 2024, to succeed former CEO Fabrice Susini, after obtaining clearance from Saudi Central Bank.

Al-Abduljabbar is considered one of the leading executives in the Kingdom based on his professional career of 26 years within the public and private sectors of the financial and banking industry.

SRC’s board of directors expressed their gratitude to Susini, for his extensive efforts over the years in strengthening the company’s position in the Kingdom’s real estate finance sector.

Al-Abduljabbar has held various important positions during his career; most notably, he was serving as the director of risks at the Capital Markets Authority, and as a senior adviser to the chairman of the board for the CMA, during which he worked on a number of initiatives in line with the objectives of the Kingdom’s Vision 2030.

SRC is wholly owned by the PIF and headed by Minister of Municipal and Rural Affairs and Housing Majed bin Abdullah Al-Hogail.


31st Dubai Shopping Festival kicks-off with star-studded concerts, unique experiences

Updated 12 December 2025
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31st Dubai Shopping Festival kicks-off with star-studded concerts, unique experiences

The 31st edition of the Dubai Shopping Festival, the world’s longest-running annual retail celebration of its kind, launched with an unforgettable opening weekend, with dazzling live performances, shows and events. 

Running until Jan. 11, the DSF extravaganza is transforming Dubai into a vibrant hub of unbeatable shopping deals,  and immersive entertainment, drawing millions of visitors to experience the city’s unmatched blend of retail innovation, culture, and global flair.

Kicking off the festivities in spectacular style, the opening weekend saw high-energy concerts, captivating family entertainment, and cutting-edge visual displays, which set the tone for a 38-day season of wonder, excitement and family entertainment.

e& DSF Nights

Adding style and glamor to the weekend, international icon Nora Fatehi dazzled audiences at e& DSF Nights, the daily celebrations that will be held at Dubai Festival City Mall. Famed for her high-energy dance performances and infectious rhythms, Fatehi’s live show wowed fans on Dec. 6, at the mall’s scenic Festival Bay. The venue showcased stunning fireworks complementing an evening of cultural vibrancy and celebration. 

As part of the broader e& DSF Nights series, the event featured interactive zones, waterfront attractions, and free public installations, creating an inclusive and unforgettable experience for all ages.

Hatta mountain experiences

DSF will also feature an exciting and immersive mountain experience at Hatta Wadi Hub for the second year in a row, featuring Candlelight Concerts by Fever, Dinner in the Sky, and the Roxy Dome Cinema.

Candlelight Concerts by Fever

Experience a magical outdoor candlelight concert series for all to enjoy with incredible music from Vivaldi to Coldplay against the stunning backdrop of the Hatta mountains. Tickets are on sale for 70 dirhams ($28). Kids eight years and below are welcome to join the children’s concert taking place on Dec. 13 for free.

Dinner in the Sky

This elevated experience will debut at the Hatta mountains for a scenic meal in the clouds like no other. Perched 50 meters above ground, experience a stunning dinner for 300 dirhams.

Breathtaking shows 

Elevating the spectacle further, DSF will unveil its new Drone and Pyro Show, a mesmerizing technological marvel featuring more than 1,000 drones, including 100 pyro drones, across two nightly displays. Fusing art and innovation, these breathtaking shows will illuminate the city skyline with color and creativity, symbolizing Dubai’s visionary and future-forward spirit. A Dubai-inspired soundtrack by legendary composer Hans Zimmer will be used for the drone display, where thousands of synchronized drones will dance through the night sky, transforming the city skyline into a cinematic symphony of light and sound.

Tickets for e& DSF Nights are now available to purchase via Platinumlist.net. Fans are urged to secure their seats early before they sell out. Two additional A-list concerts at Coca-Cola Arena and e& DSF Nights will soon be announced, adding to the festival’s star-studded entertainment lineup.