In a significant development within the business media sector, the Construction and Real Estate Development Arab Union (CREDA Union), which is comprised of representatives from 18 Arab nations, has chosen the Saudi entrepreneur Lahiq Al-Otaibi to lead as its president.
Al-Otaibi, expressing his appreciation for the confidence entrusted to him, emphasized the organization’s dedication to promoting joint Arab collaboration. He stated that the union and its various committees would persist in executing their duties within this cooperative framework.
He underscored the union’s pledge to enhance relations not only with the Arab League’s associated entities but also with relevant governmental agencies and private sector enterprises that are engaged in the construction and real estate sectors across the Arab region.
It’s noteworthy that the CREDA Union is recognized as the exclusive officially registered union within the Specialized Arab Federations Forum (SAFF) linked to the Arab League, representing a significant platform for regional integration in these industries.