Real estate consultancy Knight Frank MENA tapped Ian Sinclair (LinkedIn) to head its project and development services in the Kingdom, it said in a post on LinkedIn. Sinclair boasts 40 years of experience in the industry, and 12 in the GCC region. He has managed a portfolio of projects worth USD 50 bn, including work on Neom and Diriyah.

Saudi Cable scraps CEO position in cost-cutting push: Saudi Cable has reassigned CEO responsibilities to Khalid bin Asaad Khashoggi, adding to his current role as managing director, it said in a disclosure to Tadawul. The company has eliminated its CEO position and relieved former CEO Fawaz bin Mubarak Al Muqbe of his duties as it looks to avoid bankruptcy. Khashoggi was previously CEO of Oak Company and vice chairman of Thimar Holding Company, among other roles.

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