logo
Saudi Crown Prince Donates SAR1 Bln to Support Housing Ownership within 12 Months

Saudi Crown Prince Donates SAR1 Bln to Support Housing Ownership within 12 Months

Asharq Al-Awsat28-04-2025

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, has made a substantial personal donation of SAR1 billion to the National Development Housing Foundation's (Sakan) Jood Eskan, generously contributing to facilitating homeownership for eligible beneficiaries and families in need.
Reflecting his commitment to ensuring a decent standard of living for all citizens, Crown Prince Mohammed has mandated the swift completion of these housing projects within 12 months, directed that national companies execute the projects, and required monthly progress reports on the ownership process to ensure transparency and accountability.
This donation underscores the Crown Prince's ongoing dedication to the housing sector and his particular focus on supporting deserving families. Recognizing the pivotal role of stable housing in fostering social well-being and driving developmental progress, the initiative aims to provide thousands of families with the security and opportunity they need to thrive.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Turkish President Erdogan praises excellent Hajj organization in call with Saudi Crown Prince
Turkish President Erdogan praises excellent Hajj organization in call with Saudi Crown Prince

Saudi Gazette

time2 hours ago

  • Saudi Gazette

Turkish President Erdogan praises excellent Hajj organization in call with Saudi Crown Prince

Saudi Gazette report MINA — Crown Prince Mohammed bin Salman received a phone call from Turkish President Recep Tayyip Erdogan. He praised the excellent organization of this year's Hajj season and the successful measures taken by Saudi Arabia to ensure the safety and security of pilgrims. Erdogan also congratulated the Crown Prince on Eid Al-Adha, and the Crown Prince reciprocated by congratulating the Turkish president on this blessed occasion.

Saudi Crown Prince receives Pakistan prime minister
Saudi Crown Prince receives Pakistan prime minister

Saudi Gazette

time2 hours ago

  • Saudi Gazette

Saudi Crown Prince receives Pakistan prime minister

Saudi Gazette report MINA — Crown Prince Mohammed bin Salman received Prime Minister of Pakistan Muhammad Shehbaz Sharif at Al-Mina Palace on Friday. During the reception, congratulations were exchanged on the occasion of Eid al-Adha. The two leaders reviewed historical relations between the two brotherly countries, prospects for bilateral cooperation, and ways to develop it in various fields. Regional developments and efforts to achieve security and stability were also discussed. The reception was attended by Prince Saud bin Mishaal, Deputy Governor of Makkah Region, Prince Abdulaziz bin Saud, Minister of Interior, Prince Khalid bin Salman, Minister of Defense, Prince Faisal bin Farhan, Minister of Foreign Affairs, Minister of State, Cabinet Member and National Security Advisor Dr. Al-Aiban, Minister of State for Foreign Affairs Adel Al-Jubeir, Minister of Information Salman Al-Dosari, Chief of General Intelligence Khalid Al-Humaidan, and Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki. From the Pakistani side, Deputy Prime Minister and Minister of Foreign Affairs Muhammad Ishaq Dar, Chief of Army Staff Field Marshal Hafiz Syed Asim, Minister of Interior Mohsin Raza Naqvi, Minister of Information Atallah Tarir, Ambassador to the Kingdom Ahmed Farooq, First Secretary to the Chief of Army Staff Major General Muhammad Jawad Tariq, Military Secretary to the Prime Minister Tajdeed Mumtaz, and Chief of Protocol to the Prime Minister Tipu Sultan attended.

Pakistan PM Visits Saudi Arabia: Eid Celebrations & Strategic Talks
Pakistan PM Visits Saudi Arabia: Eid Celebrations & Strategic Talks

Leaders

time16 hours ago

  • Leaders

Pakistan PM Visits Saudi Arabia: Eid Celebrations & Strategic Talks

Pakistani Prime Minister Shehbaz Sharif arrived in Saudi Arabia on Thursday for a crucial two-day official visit. He accepted Crown Prince Mohammed bin Salman's invitation to strengthen vital bilateral relations between the longstanding allies. The Prime Minister's Office confirmed his arrival and the visit's objectives earlier today. During his stay, PM Sharif will celebrate Eid Al-Adha within the Kingdom. He will hold substantive bilateral talks with Crown Prince Mohammed bin Salman. Discussions will prioritize boosting mutual cooperation in vital trade and investment sectors. Regional security matters will also feature prominently on their shared agenda. The two leaders will explore avenues to further strengthen multifaceted bilateral ties. Enhancing economic partnerships and investment flows remains a top priority. They will also address Muslim Ummah welfare and regional peace initiatives. Acknowledging Mediation & Boosting Economic Partnership PM Sharif will express Pakistan's sincere gratitude for Saudi Arabia's recent diplomatic intervention. The Kingdom played a pivotal role in de-escalating tensions between Pakistan and India. Gulf partners supported this crucial mediation effort between the nuclear neighbors last month. This high-level visit underscores rapidly expanding Saudi-Pakistan economic links. Both nations signed multiple significant trade and investment agreements recently. Saudi Arabia committed a substantial $5 billion investment package supporting Pakistan's economy. Saudi and Pakistani businesses signed 34 MoUs worth $2.8 billion last year. These agreements cover industry, technology, and agriculture sectors importantly. Manara Minerals is also negotiating to acquire a stake in Pakistan's massive Reko Diq project. Enduring Bonds: Defense & Vital Diaspora Links Defense collaboration remains a cornerstone of the robust Saudi-Pakistan relationship. The nations share a deep history of military cooperation and mutual support. Pakistan also provides valuable training assistance to Saudi forces. Approximately 2.7 million Pakistanis form a crucial diaspora within Saudi Arabia. Their remittances provide the highest foreign exchange inflow for Pakistan. This financial support constitutes an essential economic lifeline for their homeland. Short link : Post Views: 11

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store