kku - media center

The King Khalid University Endowment Project aims to become one of the top 10 endowment institutions in the Kingdom of Saudi Arabia by 2030. Numerous educational endowment activities will be conducted that actively support scientific research, knowledge-based economies, and sustainable development through enhancing competitiveness, partnership, and social responsibility.

The project will be launched in a ceremony to be held by His Royal Highness Prince Faisal bin Khalid bin Abdulaziz, Governor of the Asir Region and Honorary President of the University Endowments on Wednesday, 2 Sha'ban, April 18.

Dr. Omar Bin Saeed Al-Mushait, Secretary General of University Endowments, said that the project includes five strategic tracks. A central component of those tracks is anchored to human resource development and the recruitment of a diverse segment of supporters and investments. He also related that internal growth and its related processes would be developed "to support education and health services, the development of the region, talents, innovators, scholarship students and community partnership. It will include the public and private sectors, and charitable foundations."

Al-Mushait added that there are six strategic objectives: attracting several supporters, developing sustainable quality investments, excellent administrative and financial performance of the endowment, developing effective partnerships with different sectors, the endowment role in achieving social responsibility, and supporting innovation of scientific research in support of a knowledge-based economy.

He maintained that each strategic objective includes initiatives for developing the means to attract financial support while preparing professional staff in the field. In short, he asserted that we would attract supporters while establishing effective public relations with patrons. Optimizing the investment of the university’s available resources and development comes as the second goal while building an administrative system, policies and developing human resources and financial regulations for the endowment comes as the third goal. Establishing and developing efficient and continuous channels of communication in the public sector coupled with the development of strategic partnerships in the private sector and supporting quality scientific research, education, health, social and family services is the fourth goal. Promoting and developing the regions potential resources and registering and developing inventions and small projects is the fifth goal.

8 Areas of Investment

Al-Mushait explained that the endowment program includes eight areas of investment: knowledge-based economies, innovation, entrepreneurship, health, education, tourism, entertainment and agriculture, emphasizing the geotourism of the region, scientific research (experienced staff, studies and consultants), university property (large areas and distinctive locations), technology (information security, technical expertise, and advanced data centers), education (specialized colleges), health (medical city, specialized clinics), and human capital (qualified administrations, inspired youth, and academic qualifications).

King Khalid University, Media Center

His Royal Highness Prince Faisal bin Khalid bin Abdulaziz, Governor of the Asir Region and the Honorary President of the Awqaf Endowments of King Khalid University, met with the Rector, His Excellency Dr. Faleh Bin Rajaa Allah Al-Solamy, and the Secretary-General of University Endowments, Dr. Omar bin Saeed Al-Mushait. 

At the beginning of the meeting, His Royal Highness the Governor welcomed Dr. Al-Solamy. He also referred to the undivided attention and support our wise government is providing to the education sector. Notably, he praised King Khalid University for its efforts to benefit the homeland and its citizens. He also had a complete review of the detailed report on the general objectives of the General Secretariat for King Khalid University Endowments and its future vision and strategic issues that include resource development, internal growth, social responsibility, community partnership, and knowledge-based economies. The report also included the strategic objectives of the secretariat, which included attracting different segments of supporters, the development of sustainable qualitative investment, excellence in the administrative and financial performance of the Waqf, the development of active partnerships with various sectors of society, the leadership of the Waqf in achieving social responsibility, and the support of the innovations of qualitative scientific research to meet the needs of a knowledge-based economy.

His Royal Highness Prince Faisal bin Khalid praised all efforts exerted to establish university endowments. He also stressed the importance of supporting scientific endowment and the dissemination of its culture in society expressing that it is a religious and national duty. His Royal Highness also approved the appointments of the Nomination Council and the appointments of the Investment Committee and the Strategic Plan. HRH Prince Faisal bin Khalid also agreed on the proposed date for the Awqaf which will be sponsored by His Royal Highness on Wednesday, the second of Shaaban 1439 AH, corresponding to 18 April 2018.

At the end of the meeting, the University Rector expressed his thanks and appreciation to HRH Prince Faisal bin Khalid for his continuous support and diligent follow-up.

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