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Saudi's Awqaf, Council of NGOs to launch 5 investment funds worth $49.4m in Q1 2023

RIYADH: Saudi Arabia’s General Authority of Awqaf has signed an agreement with the Council of Non-governmental Organizations to launch five investment endowment funds worth SR186 million ($49.4 million) during the first quarter of 2023, according to the Saudi Press Agency. The funds aim to achieve financial sustainability for NGOs and further enhance their developmental role.

Saudi-arabia , Riyadh , Ar-riya- , Eastern-region , Ash-sharqiyah , Saudi , Abdul-rahman-al-aqil , Health-associations-fund , Associations-fund , Authority-of-awqaf , Autism-associations-fund , Eastern-region-associations-fund