Endowment Committee Leadership: New Investment Era Ushered in by the University
The Endowment Inauguration Ceremony will be held on Wednesday at the Main Campus Theater in Abha under the aegis of His Royal Highness Prince Faisal bin Khalid bin Abdulaziz. The heads of all committees involved in the Endowment Inauguration Ceremony reiterated that the initiative being put forth would usher in a new investment era and build a solid financial foundation. Additionally, it will create the conditions necessary for knowledge-based capital investment leading to intangible assets in accord with the 2020 National Transformation Program and Vision 2030.
The Ceremony Committee Chairman, Dr. Nasser Al-Qamishan, said: "If we add this excellent spirit to the mind and hearts of people, which views support of the University's endowment project as an opportunity to earn the reward of Allah, this will provide resources that will greatly help our strategy and goals." Following after, Chairman of the Investment Committee, Dr. Ibrahim Al-Asmari, said: "The project represents an exciting development in the region, in light of the University's unique endowments projects, which offer sustainable community development. It will stimulate the private sector to support and invest in our projects that include but are not limited to health, entrepreneurship, honey research, and education." Echoing earlier statements, Chairman of the Projects Committee, Dr. Salem Alelyani, said: "The University is the largest educational institution in the Southern Region and one of the largest universities in the Kingdom. Our endowment projects come during a time the country is witnessing an economic transition that requires the University to adapt and contribute to the process. We focused on our most salient features: location, environment and wealth."
Public Relations Committee Chairmen, Dr. Abdullah Al-Aideed, said: "Science is the most powerful and supreme language in which the world competes to build civilization. The university is the main source of science and knowledge as a specialized institution. The world is witnessing the success of American universities in the field of educational endowments in leading universities such as Harvard, Yale, and others. We will continue to encourage endowment projects to obtain sustainable sources of funding in accord with all applicable regulations." At the end of the meeting, Chairman of the Media Committee, Dr. Ali Zuhair Al-Qahtani, stressed that the endowment projects give an initial impression that the University has studied this project well enough to be aware of where to start to meet the urgent needs of the region and to provide exceptional employment opportunities. He concluded by urging local businessmen and investors to join the project.
