News 2014

July 2014

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The Group embarked upon an integrated plan to provide decent housing for needy people of this country

Al Eisa: Samba donates the construction of 500 houses for needy families

His Excellency, Mr. Eisa Bin Mohammed Al Eisa, Chairman of Samba Financial Group, announced the donation of the Group to build new furnished houses for 500 needy families, the costs of which to be totally held by the Group, as part of an integrated plan developed by the Group to provide decent housing for the people of this generous country over the next five years, in various regions of the Kingdom, in line with the vision of the Government of the Custodian of the Two Holy Mosques that put the citizens as the focus and priority for development in this country.

Al Eisa explained that this initiative comes in support of the directives of the Custodian of the Two Holy Mosques King Abdullah bin Abdul Aziz, may Allah protect him, Crown Prince, His Royal Highness Prince Salman bin Abdul Aziz and the Crown Crown Prince His Royal Highness Prince Muqrin bin Abdul Aziz, may Allah protect them, aiming to provide decent housing for citizens. This initiative from Samba supports also the efforts of the Ministry of Housing in the provision of adequate housing for the needy community. It also embodies the role of the Group and its social interaction with its surroundings. The donation of building 500 new homes for citizens in various parts of the Kingdom will be effected in cooperation with charitable associations in different regions, to replace the old houses in which they are dwelling.

“Owning a home is a basic need for every family, and every human being has the right to live in a decent place” Al Eisa added, and pointed out that the new homes will be furnished and meet the requirements of such families providing them with decent life. Al Eisa further indicated that the Group is making its utmost efforts in order to translate the directives of our wise Government and its efforts to provide adequate housing for citizens to enjoy the peace of mind and live with their family members under one roof. “These homes will reflect positively on the lives of this category of citizens once they feel the comfort, stability and security through these homes which enjoy the means of decent living.

Notably, Samba Financial Group has a long history in effective social participation and giving to the needy. This stems from its strong belief in sharing the community with its success. Samba is keen to provide support every year to various charities, professional associations, cultural activities, civil causes, educational programs, health initiatives, and many more.