Asir Governor Sponsors the Endowment Inauguration Ceremony
His Royal Highness Prince Faisal bin Khalid bin Abdulaziz, Governor of the Asir Region and Honorary President of the King Khalid University Endowment Investment Fund, will sponsor the Endowment Inauguration Ceremony this Wednesday, April 18, 2018, at the Main Campus Theater.
His Excellency the University Rector, Prof. Falleh Al-Solamy, welcomed HRH Prince Faisal bin Khalid bin Abdulaziz -- may Allah protect him -- and extended his sincere appreciation to His Royal Highness for his constant interaction and support to the University in all activities and projects.
Rector Al-Solamy said: "The Endowment Project is of great economic and cultural value. It was established to support science and knowledge-based economy initiatives while efficiently contributing to the progress of the country. This will be accomplished through strategic investment into scientific projects that have commercial potential. I urge those willing to invest in these projects to begin as soon as possible."
His Royal Highness Prince Faisal bin Khalid, will highlight the investment opportunities exhibition for the Endowment Investment Fund. He will also brief the audience on the Investment Fund's 12 leading projects which include: dental clinics, a physiotherapy center, specialized radiology capabilities, e-Learning projects, schools, an engineering consultancy center, a printing center, beekeeping and honey production research, residential units, and commercial complexes.
The ceremony will include two speeches one by the University's Endowment Secretary, His Excellency Dr. Omar Al-Mushayt, followed by an address by His Excellency Rector Al-Solamy. His Royal Highness Prince Faisal Bin Khalid Bin Abdulaziz, Governor of the Asir region, will preside over the event and deliver closing remarks aimed at boosting investor relations.
At the end of the event, the Endowment Council Meeting will discuss a host of essential topics. It will begin with a discussion of the current project status, administrative and financial regulations, the organizational structure of the secretariat, and the strategic plan of the secretariat. It will end with Investment Committee member nominations and the operational authority controls granted to the Council President and the Secretary-General.
