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  • February 22, 2021

    100 children benefit for an entire year

    Al Rajhi Bank recently signed an agreement with the Disabled Children Association under which the integrated clinic is to be developed and rebuilt while ensuring its operations run for a full year. Donations will amount to 1,496,000 Saudi Riyals, which Al Rajhi Bank will undertake as one of its sustainable social responsibility projects to ensure its success.

    The agreement was signed by His Excellency Dr. Ahmed bin Abdulaziz Al-Tamimi, CEO of the association, and Mr. Muhammad Al-Yami, Director of Institutional Communication at the bank, in the presence of a number of officials from both sides at the Disabled Children Association’s headquarters in Riyadh.

    Dr. Ahmed Al-Tamimi praised Al Rajhi Bank for its societal initiative in adopting such projects, stressing the importance of continuous cooperation between sectors to provide high quality services across all parts of our beloved kingdom. This project, God willing, will bring an added value in offering treatment and creating suitable conditions for children with disabilities. As a result, God willing, more than 100 children from the ages of 0 to 12 will have access to clinical services with 3 hours of treatment per day for a whole year.

    The bank’s donation comes in support of the association’s programs under its social responsibility, to help organizations reach their goals and contribute to addressing disabilities in light of the monumental steps taken since its inception more than four decades ago.

    Al Rajhi Bank is keen on adopting sustainable projects to serve the community, with this project taken as a model for community service through the complete cooperation between the bank and the Disabled Children Association.

    Since its establishment, the bank has continued to support many projects for the benefit of the community in every aspect, whether in education, health, training, or through the support of charities. In addition, the bank has initiated and put volunteering into action during the last five years, in line with the Kingdom’s Vision 2030 to reach a total of one million volunteers, God willing.

  • February 16, 2021

    Al Rajhi Bank has recently joined hands with the Saudi Food Bank for distributing 50 thousand meals in a month to the beneficiaries registered at the association who were greatly affected by the pandemic, since all the events and celebrations were cancelled. The cancellation of events resulted in the absence of surplus food to be distributed as usual. Al Rajhi Bank decided to coordinate with the Saudi Food Bank to distribute those meals in five cities: Riyadh, Jeddah, Dammam, Jubail, and Al-Ahsaa.

    This initiative is one of Al Rajhi Bank’s recent social responsibility initiatives for the most needy families, and is an extension of the initiative of His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh, that was launched yesterday to help the poor and the expatriates who were affected by the pandemic in Riyadh, all with the aim of alleviating the damage caused by the pandemic.

    In 2020, Al Rajhi Bank participated in a number of initiatives to aid the fight against the Covid-19 pandemic such as, supporting the Health Endowment Fund with 25 million SAR, donating 15.5 million SAR to the Community Fund, an initiative launched by the Ministry of Human Resources and Social Development and the General Authority of Endowments to intensify the collective efforts, increase the private and governmental donations and direct them through the most effective channels to meet the necessary needs of those affected by the pandemic. In addition, Al Rajhi Bank supported Watan Al-‘Ataa’ initiative with 9.1 million SAR in cooperation with the Ministry of Human Resources and Social Development to support the needy families stuck in their homes especially the sick and elderly, and to provide them with the food and medical supplies.

    It goes without saying that Al Rajhi Bank’s management and employees believe with full conviction in the importance of the integration between the public and private sector to achieve the general strategy and vision of our beloved Kingdom. That’s why the Bank has always been one of the most important supporters of this integration through direct support or active participation in the social initiatives.

  • February 14, 2021

    Al Rajhi Bank has decided to be the main sponsor for the Saudi Cup international horse race competition for three years, starting from this year. The race will be held at King Abdulaziz Square in Riyadh under the supervision of the Custodian of the Two Holy Mosques, His Royal Highness King Salman bin Abdulaziz Al Saud, and is organized by the Jockey Club of Saudi Arabia on the 19th and 20th of February.

    By sponsoring the most valuable horse race in the world, a remarkable international event that’s considered a noteworthy achievement for the Kingdom, Al Rajhi Bank seeks to play a significant role in promoting Saudi Arabia at an international level. This sponsorship will also support the transformational journey to attract tourism and investment as per the Saudi Vision 2030. Al Rajhi Bank also considers its participation to be a part of its social responsibility towards the sports community amongst many other social roles it plays in the Saudi community.

    The Saudi Cup consists of six high-grade international races. The International Handicap Race will be held on the 19th of February 2021 and carry the name of Al Rajhi Bank, with a prize of $500,000 and 2100 meter distance for the horses trained in the countries of the second and third groups. Likewise, The Derby Race that will be held on the 20th of February 2021 will carry the name of Al Rajhi Bank, with a prize of 1.5 million dollars.

    This tournament is the most valuable horse race in the world with a total prize of $30.5 million, since it was increased from last year’s $29.2 million prize. It’s worth mentioning that the 2020 race edition was a great success and resulted in 31 winners of Grade 1.

    Al Rajhi Bank was keen on being a main partner in this race due to its significance in regard to promoting the Kingdom as a hub of tourism and culture, in addition to raising awareness and encouraging participation in horse tournaments as one of the most important sports in the world.