May 5, 2014
Prince Alwaleed Awards SR200,000 to Almahmal Sports Club

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, Chairman of Kingdom Holding Company (KHC), received on Sunday, May 4th     2014, players and members of Almahmal Sports Club, chaired by Mr. Abdulaziz AlShiban, at KHC headquarters.

Prince Alwaleed met with Mr. AlShiban 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 SR110,000 for the club’s budget. In response to the team’s request, Prince Alwaleed also donated a bus for the use of the club. This honor comes as the clubs team achieved accomplishments in football, gymnastics and tennis The Holy Quran and literature.

In conclusion to the event, Mr. AlShiban 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.