Arabian Centres Co. Announces Appointment of a Board Member

Arabian Centres Co. (“ACC” or “the Company”) announced the appointment of Mr. Mohamed Mourad as a new Board member (non-Executive) to fill the current vacant board seat, and to continue its tenor ending on 18 June 2022.

Mr. Mourad brings along 28 years of global management experience in technology, retail, consumer goods and e-commerce.

Mr. Mourad has held various senior leadership roles at major tech companies, including nearly 10 years at Google, part of which he was Google’s Managing Director for the Middle East and North Africa, before moving to take on a global role in their headquarters in Silicon Valley. More recently, Mr. Mourad served as a Vice President at Instacart, the leading on-demand e-commerce player in North America.

Prior to that, Mr. Mourad was in management consulting at Booz & Company (Now Strategy&), focusing on M&A and Corporate Development.

Mr. Mourad has an intimate knowledge of the Saudi Arabian market both through spending more than 10 years in the country and through serving the market during his various regional and global roles.