RIYADH:Â The King Salman Humanitarian Aid and Relief Center signed a joint memorandum of cooperation with the General Authority for Awqaf in Riyadh on Wednesday.
The agreement, signed by KSrelief General Supervisor Dr. Abdullah Al-Rabeeah and Minister of Human Resources and Social Development and Chairman of the General Authority for Awqaf Ahmed Al-Rajhi, aims to establish an endowment fund for humanitarian, relief and charitable work.Â
Under the terms of the agreement, both parties will work to identify and detail the nature of the key roles within the action plan, including the fund’s system and its legal, regulatory, operational and financial frameworks. Â
A detailed report of the results will also be made three months after the memorandum is signed in order to achieve its objectives.
The agreement is among the joint programs implemented by KSrelief in cooperation with internal and external stakeholders to strengthen humanitarian action and expand the organization’s reach.Â
