RIYADH: Al-Hilal Sports Women have completed a partnership with Alwaleed Philanthropies that will run for five years.
The board of directors of Al-Hilal, headed by Chairman Fahd bin Saad bin Nafel, announced the deal with the charitable organization, whose board of trustees is chaired by Prince Al-Waleed bin Talal Al-Saud, on Sunday night.
Bin Nafel signed the contract with Secretary-General of Alwaleed Philanthropies Princess Lamia bint Majid Al-Saud at the Four Seasons Hotel in Riyadh.
Also present were the club's vice-chairman of the board of directors, Suleiman Al-Hatlan, and the members of the board of directors Faisal Al-Ghashian and Salman Al-Tuwaijri, as well as Sultan Alsheikh, CEO of Al-Hilal Investment Club.
The partnership aims to empower women in the sports field, in accordance with the Kingdom’s Vision 2030. It also bids to provide a high-quality experience and to enhance the club’s achievements in women’s sports.
Bin Nafel was delighted at signing the deal with one of the biggest contributors to community and humanitarian projects locally, regionally and internationally.
He said: “We are pleased to conclude this partnership, which will contribute to promoting women’s empowerment in the sports field toward achieving our goals.
“We established a women’s sports department more than a month and a half ago, which was launched and started with eight women’s games.”
Princess Lamia said the deal showed the foundation’s tireless work to empower women and open up new areas of opportunity for them.
Over the course of four decades, Alwaleed Philanthropies has provided support and spent more than SR16.5 billion ($4.4 billion) on social welfare programs, and implemented more than 1,000 projects in more than 189 countries around the world.
The foundation collaborates with a range of charitable, governmental, and non-governmental organizations to combat poverty, empower women and youth, develop local communities, provide disaster relief, and create cultural understanding through education.