Built Beyond Walls, Designed for Human Experiences
MADCO is a next-generation real estate development company in Jeddah—combining innovation, smart technology, and world-class asset management to build destinations that elevate life and business.
Our Clients
Building the Future of Real Estate in Saudi Arabia
MADCO is a subsidiary of Al Dar Al Khasa, a leading Saudi real estate development and management company founded in 2007. Led by Eng. Essam Fakieh, the visionary behind Jeddah’s iconic Headquarters Business Park (HQBP), we deliver developments that combine functionality, technology, and long-term value.
450+
deals across KSA
250+
clients served
1B+ SAR
Revenue
130K+ sqm
GFA
Featured Project
Developer behind Headquarters Business Park (Jeddah’s Tallest Office Tower)
97%
Occupancy Rate
193K sqm
Total Built-Up Area
83.9K sqm
Leasable Area
236 m
Tower Height
1,600
Parking Spaces
Our Partners
End to End Solutions
MADCO offers integrated, future-ready services trusted by leading businesses and investors across the Kingdom.
Our Leadership
Leadership With Vision. Expertise With Impact. Meet the key figures shaping MADCO’s strategic direction.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Eng. Essam Fakieh
Chairman of the Board & Executive Committee
A seasoned entrepreneur and business leader with over 30 years of experience across real estate, technology, and investment. Founder & CEO of Al Dar Al Khasa, the developer behind Jeddah’s landmark Headquarters Business Park Tower. Former President of Fakieh Industrial Group and strategic advisor to Hilton International, with leadership roles spanning Saudi Arabia, the U.S., and Asia.
Mohammed Shawli
Board Member
Chief Investment Officer at Ejzal, leading investment strategy and execution across a multi-billion-riyal real estate and alternative assets portfolio. Previously managed institutional investments at a PIF-backed real estate platform and SEDCO Holding, with prior experience at McKinsey & Company. Founder of MSS, a residential development firm.
Amer Fakieh
Board Member
Founder & CEO of Fakieh Ventures, overseeing strategic investments across real estate, technology, logistics, and services. Former Country Head of Careem Express (Uber), where he drove rapid market expansion and margin growth. Brings strong execution experience in scaling businesses and structuring strategic partnerships.
Eng. Waleed Alwafi
Board Member
A senior executive with over 30 years of leadership experience in facility management, engineering, and operations. Co-founder of a leading facility management company and advisor to large-scale infrastructure and utility projects. Led operations for one of Saudi Arabia’s largest high-rise towers, with deep experience in BOOT contracts, utilities, and operational turnarounds.
Reza Boorany
Executive
Enterprise technology leader specializing in AI, automation, IoT, and smart infrastructure for real estate. Delivered 80+ enterprise solutions, partnered with OpenAI and PwC, and led large-scale digital transformation programs across global markets. Founder of a successful $4M e-commerce venture and architect of smart building and proptech platforms.
Let’s Build Tomorrow’s Future Together
Whether you’re a buyer, investor, developer, or strategic partner—MADCO is ready to help you build the next landmark.
Info@Madco.sa
Phone Number
Company Email
The Headquarters Business Park, Ash Shati, Jeddahr
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