Aligned with the General Authority of Awqaf strategy to enhance the capabilities of the components of the endowment sector, empower them, develop their skills, and strengthen the human capital, the Authority, in collaboration with HEC Paris, celebrates the graduation of 26 graduates from its staff who enrolled in the Executive Master's program in Management GEMM. This program will positively contribute to the success of the professional development plan for its members, serving its vision and achieving its goals.
The Authority has shown great interest in developing its endowment leadership by refining and enhancing their leadership skills, preparing them to meet the needs of the endowment sector. This was facilitated through their enrollment in the Executive Master's program in Management GEMM offered by HEC Paris. The program aims to expose them to cutting-edge management practices based on rigorous scientific studies. This will help in keeping pace with updates in endowment management, organization, governance, strategic decision-making within the Authority, and positively impacting all the Authority's outcomes.
The journey of the program at the General Authority of Endowments commenced in May 2023 with 18 educational modules tailored to support leaders in various fields to empower them for development and decision-making. The courses focused on financial sustainability, technical and financial analysis, digital transformation, innovation, and high-performance leadership, in a scientific and practical manner combining theoretical, applied, and research aspects. The journey concludes with the final destination being a Master's thesis focusing on specific research in the Authority's field of work.
It is worth noting that the General Authority of Awqaf is dedicated to enhancing the endowment sector, its governance, preservation, development, and awareness through launching innovative endowment products and services for beneficiaries. This aims to lead sustainable development locally and globally, meeting the conditions of endowers, applying best practices, enacting regulations to elevate endowment work, develop and empower it, and maximize its impact on economic, social development, and social solidarity.
Under the chairmanship of His Excellency the Minister of Finance, the Board of Directors of the General Authority of Endowments held its thirtieth meeting
Minister of Finance, Chairman of the General Authority of Endowments, His Excellency Mr. Mohammed bin Abdullah Al-Jadaan, chaired the thirtieth meeting of the Board of Directors of the General Authority of Endowments on Wednesday, 10th of Ramadan, 1445 AH.
The General Authority for Endowments has recovered one billion and five hundred million Saudi riyals for a number of endowments and has protected assets worth one hundred billion riyals.
In line with the strategic role of the General Authority for Endowments in developing systems and governance in the endowment sector to be more flexible and suitable for current and future needs, and to enhance oversight and transparency, and with the expiration of the deadline for settling the s
The General Authority of Endowments protects unknown endowments worth half a billion riyals and rewards the informants.
Building upon its role in preserving and developing endowments and enhancing their economic and social impact, the General Authority of Endowments has announced the distribution of rewards to informants who reported unknown endowments, totaling over 9 million riyals, in accordance with the report
The General Authority of Awqaf has signed a memorandum of understanding to establish and launch the largest endowment investment portfolio worth one billion riyals with the Abdullah Al-Othaim and Sons Charitable Foundation.
The Governor of the General Authority of Awqaf, Mr. Emad Al-Kharashi, has signed a memorandum of understanding with the Chairman of the Board of Trustees of the Abdullah Bin Saleh Al-Othaim and Sons Charitable Foundation, Mr.
