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Saudi Central BankSaudi Central BankNewsUnder the Patronage of H.E. Governor of SAMA.. The launch of “Honoring and Educating” Initiative Between the Fund for the Martyrs, Wounded, Prisoners of War, and Missing in Action, and Arab National Bank
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Under the Patronage of H.E. Governor of SAMA.. The launch of “Honoring and Educating” Initiative Between the Fund for the Martyrs, Wounded, Prisoners of War, and Missing in Action, and Arab National Bank
10/6/2024 5:45 PM

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On Sunday, October 6th 2024, H.E. Mr. Ayman M. Al-Sayari, Governor of SAMA, has sponsored the launch of the “Honoring and Educating" initiative between the Fund for the Martyrs, Wounded, Prisoners of War, and Missing in Action, and the Arab National Bank. The initiative aims to provide over 370 diverse and sustainable university scholarships granted by the Arab National Bank to children of the beneficiaries of the Fund starting from the current academic year 2024/2025.

H.E. the Governor stated, given the care and attention provided by the government to the martyrs and wounded of duty at all levels for their roles and sacrifices under the direction from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister; we at SAMA, as part of our social responsibility, have recognized the importance of providing care and attention to this group.

H.E. Mr. Al-Sayari added, this partnership is of humanitarian principles, as it strengthens social solidarity, and reflects positively on beneficiaries' families.

The statement by H.E. the Governor took part after a ceremony organized for this occasion at SAMA's headquarters in Riyadh. Attendees of this ceremony included Mr. Talal Al Muammar, Secretary-General at the Fund for the Martyrs, Wounded, Prisoners of War, and Missing in Action; Mr. Salah Rashed Al-Rashed, Chairman of the Board at the Arab National Bank; and Mr. Obaid Abdullah Alrasheed, Managing Director and Chief Executive Officer at the Arab National Bank.​

Mr. Talal Al Muammar stated “this partnership comes as part of the ongoing efforts by the Fund to provide a safe and dignified living for beneficiaries’ families”; indicating that this initiative represents an important track in supporting the Fund’s work, programs, and ambitious projects, including the educational path, which focuses on providing education opportunities to beneficiaries’ children at various levels of education, and enabling them to compete in the labor market after graduating.

On his part, inspired by the leadership's directions, and in extension of his gratitude to H.E. the Governor of SAMA for sponsoring the initiative, and wishing that this initiative would serve as a model for sustainable community initiatives in honor for the country and children of beneficiary families, Mr. Salah Al-Rashed stated “this initiative will contribute in creating the necessary capabilities for beneficiary families' children, in order for them to pursue their education and build their professional future"; maintaining that the Arab National Bank, through this initiative, is committing to its societal and national responsibilities, and is keen to contribute in fulfilling our national heroes' message.

​This initiative aims to provide a dignified living for the Fund's beneficiaries, who receive direct care and attention from our wise leadership, as well as honoring their lost ones who sacrificed their lives in recognition of the religious principles and national motives.​

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