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#philanthropy
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, Chairman of Kingdom Holding Company (KHC) on Sunday, January 19th 2014, received players and members of Masadah Sports Club, chaired by Mr. Obaid Alruays, at KHC headquarters.
Prince Alwaleed met with Mr. Alruays who was accompanied by the team’s delegation. The two discussed the latest updates of the club and their achievements. The Prince stressed the need to support sports and the athletes as well as the development of clubs in Saudi Arabia and to embrace the young generation to hone their athletic skills and invest their time in useful activities.
As a reward, Prince Alwaleed awarded the club members and players with a total of SR160,000 for the club’s budget. This honor comes as the clubs team achieved a number of achievements in games where the volleyball and the football team in the region championship.
In conclusion to the event, Mr. Alruays thanked Prince Alwaleed for his support and his constant encouragement for clubs and sport federations in Saudi Arabia. Furthermore, the team presented a trophy to Prince Alwaleed in recognition of his continued support for the sport and athletes.