#Philanthropy

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Jan 4, 2015
Prince Alwaleed Awards SR200,000 to Marid Sports Club

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud received the players and members of Marid Sports Club from AlAsyah located in the Al Qassim Province, chaired by Mr. Abdulrahman Alotaibi, at Kingdom Holding Company (KHC) headquarters.

Prince Alwaleed met with Mr. Alotaibi who was accompanied by the team’s delegation. The two discussed the latest updates of the club and its achievements. The Prince stressed the need to support sports and the athletes as well as the development of clubs in Saudi Arabia and to encourage the young generation to hone its athletic skills and invest their time in useful activities.

As a form of encouragement, Prince Alwaleed awarded the club members and players a total of SR200,000 for the club’s budget  which included a bus for the use of the club. This honor comes as the clubs team achieved accomplishments in football, gymnastics, and tennis.

In conclusion to the event, Mr. Alotaibi thanked Prince Alwaleed for his support and his constant encouragement to clubs and sport federations in Saudi Arabia. Furthermore, the team presented a trophy to Prince Alwaleed in recognition of his continued support of the sports and athletes.