2023-05-15T21:28:44

Under the chairmanship of His Excellency the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, on Monday, 25 Shawwal 1444 AH, the twenty-sixth meeting of the Board of Directors of the General Authority for Endowments was held. The meeting was attended by the Vice Chairman of the Council, Mr. Emad bin Saleh Al-Kharashi, and the rest of the Council members.

During the meeting, the Council discussed several agenda items, including the strategy for the endowment sector and the update on the authority's strategy. The aim of this strategy is to regulate, preserve, develop, empower, and maximize the potential of the endowment sector, enhancing its contributions to various development areas.

The Council also reviewed the semi-annual report on the performance of endowment banks, the performance of the endowment platform, and the investment performance report of the Awqaf Investment Company for the first quarter of 2023.

During the meeting, the Council emphasized the importance of the endowment sector and its role in contributing to the achievement of the goals of Vision 2030 in the Kingdom.