His Excellency the Minister of Finance, who also serves as the Chairman of the Board of Directors of the General Authority for Endowments, Mr. Mohammed bin Abdullah Al-Jadaan, chaired the twenty-fifth meeting of the Board on Sunday, the 4th of Ramadan, 1444 AH. The meeting was attended by Mr. Imad bin Saleh Al-Kharashi, the Governor of the Authority, and the honorable members of the Board.
During the meeting, the Board discussed various topics on its agenda, including the investment performance report of the Waqf for Investment Company (the investment arm of the Authority) for the fiscal year 2022. The meeting also covered the results of the strategic performance indicators of the Authority for the year 2022. The financial statements for the fiscal year 2022 and the annual report for the same year were approved. Additionally, the Board reviewed the progress of the endowment sector's strategy project and the update of the Authority's own strategy.
The meeting concluded by emphasizing the importance of the endowment sector and its role in contributing effectively to development plans and programs, as well as its contributions to achieving the goals of Saudi Vision 2030