Saudi minister inaugurates Housing Voluntarism Center

Al-Hogail said that the center represents an important step in the context of voluntary and charitable work. (SPA)
Short Url
Updated 16 November 2020

Saudi minister inaugurates Housing Voluntarism Center

  • Al-Hogail said the center aims to improve the quality of voluntary work to enable more individuals and organizations to participate in sustainable housing development

RIYADH: Saudi Housing Minister Majid Al-Hogail on Sunday inaugurated the Housing Voluntarism Center in Riyadh, to promote the community participation of individuals and institutions, improve the services provided for housing development beneficiaries and provide housing solutions in a safer, more organized and more effective manner. The center was inaugurated in the presence of the Deputy Minister of Human Resources and Social Development Majid bin Abdul Rahim Al-Ghanimi. Al-Hogail said that the center represents an important step in the context of voluntary and charitable work and praised the efforts of relevant authorities and parties aiming to promote societal development aspects and activate the partnership between the governmental sector, represented by the ministries of housing and human resources and social development, and the regions’ secretariats, society members, the private sector and the nonprofit sector.
He said Vision 2030, represented by the housing program, has shed light on the importance of promoting the role of the non-profit sector and increasing its contribution.
The housing sector has lately seen a fruitful participation by individuals, associations and the social responsibility program in the private sector, to support thousands of eligible families.
Al-Hogail said the center aims to improve the quality of voluntary work to enable more individuals and organizations to participate in sustainable housing development in an effective manner throughout the Kingdom.


Tadawul index records highest close since July 2019 on Sunday

Updated 16 min 11 sec ago

Tadawul index records highest close since July 2019 on Sunday

  • Total trading reached $3.17 billion

Saudi Arabia’s benchmark Tadawul All Share Index (TASI) rose 0.2 percent, or 15 points, to end at 8,709 points on Sunday, the highest closing since July 2019.

Total trading reached SAR 11.9 billion ($3.17 billion), with the advance-decline ratio at 146:44.

SPIMACO rose 5.5 percent to SAR 43.05. The company signed a non-binding memorandum of understanding with German biopharmaceutical firm, CureVac, to provide COVID-19 vaccine in the Kingdom.

Electrical Industries closed 5.6 percent higher at SAR 24.26, as the firm completed the final phase of share buyback for SAR 7.2 million.

Naseej went limit up to close at SAR 33.

Oil giant Saudi Aramco fell 0.4 percent to SAR 35.75, while banking major Al Rajhi slipped 0.3 percent to SAR 74.

Blue chip SABIC edged down 0.3 percent to SAR 96.50.

Alandulas was the top decliner, shedding nearly 2 percent to SAR 21.08.

Powered by Argaam