{"id":52327,"date":"2022-06-21T23:30:57","date_gmt":"2022-06-21T20:30:57","guid":{"rendered":"http:\/\/www.indexeconomic.com\/?p=52327"},"modified":"2022-06-21T23:30:58","modified_gmt":"2022-06-21T20:30:58","slug":"abdullah-al-rajhi-al-rajhi-bank-supports-private-university-education-for-orphans-throughout-the-kingdom","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=52327","title":{"rendered":"Abdullah Al Rajhi: Al Rajhi Bank supports private university education for orphans throughout the Kingdom"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p class=\"has-text-align-left\">Al\nRajhi Bank and the Ministry of Human Resources and Social Development signed an\nagreement on the &#8220;Al-Rajhi Bank Program for Educational Orphans Care\n,&#8221; under which the bank will pay the tuition fees for bachelor&#8217;s degrees\nat private universities for all orphans in the Kingdom who were not accepted at\npublic universities.<\/p>\n\n\n\n<p class=\"has-text-align-left\">Mr.\nMajid Al-Ghanimi, Deputy Minister of Labor and Social Development, and Mr.\nWaleed Al-Mogbal, CEO of Al Rajhi Bank, signed the agreement at the Ministry&#8217;s\nheadquarters in Riyadh in the presence of a number of officials from both sides.<\/p>\n\n\n\n<p class=\"has-text-align-left\">His\nExcellency Deputy Minister Al-Ghanimi appreciated Al Rajhi Bank&#8217;s efforts to\nprovide such initiatives that contribute to the development and training of our\norphans with special needs. All of this takes place within the context of\ncommunity collaboration, mutual benefit, and collaborative efforts to achieve\nthe Kingdom&#8217;s Vision 2030.<\/p>\n\n\n\n<p class=\"has-text-align-left\">Mr.\nAbdullah bin Sulaiman Al Rajhi, Chairman of the Board of Directors of Al Rajhi\nBank, stated on this occasion that the bank aims to implement a qualitative\ninitiative with a long-term impact on society through this agreement.<\/p>\n\n\n\n<p class=\"has-text-align-left\">He\nemphasized that this initiative is the largest social and educational\ninitiative in the Kingdom that belongs to this special group that is dear to\nour hearts, as it will include all orphans in the Kingdom, and that it is\nconsidered one of the bank&#8217;s major social responsibility programs, which\ntargets sustainable programs and applies the highest governance standards.\nEspecially given that this is one of the Kingdom&#8217;s Vision 2030 pillars, as well\nas their direct contact with various segments of society.<\/p>\n\n\n\n<p class=\"has-text-align-left\">Al\nRajhi went on to say that this initiative is in support of the charitable work\nprocess, which is receiving extreme and great attention from the Custodian of\nthe Two Holy Mosques King Salman bin Abdulaziz and His Highness the Crown\nPrince, may God protect them, as the charitable sector witnessed the launch of\nmany charitable and community initiatives with a significant positive impact.<\/p>\n\n\n\n<p class=\"has-text-align-left\">He\nexplained that the &#8220;Al Rajhi Bank Program for the Care of Educational\nOrphans&#8221; includes the bank&#8217;s guarantee, through a specialized party (a\nthird party), to rehabilitate students and assist them in determining their\neducational inclinations, as well as selecting appropriate specializations for\nthem that are equivalent to their capabilities.<\/p>\n\n\n\n<p class=\"has-text-align-left\">According\nto the Chairman of the Board of Directors, the bank will cover all tuition fees\nfor the duration of their studies, and the term of the agreement will be an\nacademic year to be renewed every year until the next five years, as the cost\nof the first year is 13,500,000 riyals, and approximately 150 students from\nvarious regions of the Kingdom will benefit from it, who will study in the best\nuniversities eligibility.<\/p>\n\n\n\n<p class=\"has-text-align-left\">Al\nRajhi Bank was keen for the program to be implemented using the most recent\nmethodological methods in vocational guidance in the project&#8217;s implementation.\nThat way the bank can ensure that the maximum benefit is achieved for our\nstudents by passing through four main stations that ensure the selection of\nstudents for the specialization appropriate to his abilities and then follow-up\nthroughout the study period until his graduation.<\/p>\n\n\n\n<p class=\"has-text-align-left\">The largest and first of its kind in the Kingdom, the initiative to educate orphans is an extension of Al Rajhi Bank&#8217;s community contributions under the slogan &#8220;Right and Duty,&#8221; and as part of the long-term support programs for educational programs, as Al Rajhi Bank previously supported the medical tower located within King Saud University&#8217;s endowments with 70 million riyals. In addition to many Community Education programs, the bank donated a 20 million riyal tower to the endowments of King Fahd University of Petroleum and Minerals.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"533\" src=\"http:\/\/www.indexeconomic.com\/wp-content\/uploads\/2022\/06\/01-3.jpg\" alt=\"\" class=\"wp-image-52329\" srcset=\"https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/06\/01-3.jpg 1024w, https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/06\/01-3-515x268.jpg 515w, https:\/\/indexeconomic.com\/wp-content\/uploads\/2022\/06\/01-3-768x400.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Al Rajhi Bank and the Ministry of Human Resources and Social Development signed an agreement on the &#8220;Al-Rajhi Bank Program for Educational Orphans Care ,&#8221; under which the bank will pay the tuition fees for bachelor&#8217;s degrees at private universities for all orphans in the Kingdom who were not accepted at public universities. Mr. Majid &hellip;<\/p>\n","protected":false},"author":2,"featured_media":52300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-52327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Abdullah Al Rajhi: Al Rajhi Bank supports private university education for orphans throughout the Kingdom - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indexeconomic.com\/?p=52327\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abdullah Al Rajhi: Al Rajhi Bank supports private university education for orphans throughout the Kingdom - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"og:description\" content=\"Al Rajhi Bank and the Ministry of Human Resources and Social Development signed an agreement on the &#8220;Al-Rajhi Bank Program for Educational Orphans Care ,&#8221; under which the bank will pay the tuition fees for bachelor&#8217;s degrees at private universities for all orphans in the Kingdom who were not accepted at public universities. 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