To empower the younger generation to fulfill their role in the development and advancement process, on 16 September 2012 HE Sheikh Thani bin Abdullah resigned his position as Chairman of the Board of Ezdan Real Estate Company; giving his place to HE Sheikh Dr Khalid bin Thani Al Thani, to devote his time to lead SAK Company (spc) one of his companies working in real estate development and transform it to a holding group, and instill the spirit of ambition in SAK holding group to become one of the leading and distinct companies in Qatar and the region, strong enough to keep pace with Qatar National Development Strategy.