08 Oct 2008 Press Release
 

Prince Alwaleed Makes Donation to Victims of Affected Slum Areas in Egypt

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The donation comprises of over 100 Housing Units with total cost of SR5 million
HRH Prince Alwaleed bin Talal bin Abdulaziz AlsaudHRH Prince Alwaleed bin Talal bin Abdulaziz AlsaudLoading..., Chairman of Kingdom Foundation announced his readiness to donate over 100 housing units with a total of SR5 million to victims of the run down slum areas in Cairo. HRH's donation will help alleviate the suffering of the families in these areas.

The announcement was made during a telephone conversation between the Prince and HE Prime Minister Ahmed Nazif and HE Dr. Ali Moselhi, Minister of Social Security following the Alduwaiqa tragedy. The Ministry of Social Security will organize the allocation and distribution of the housing units to those in need.

HRH through Kingdom Foundation has donated to many philanthropic projects globally including, HRH's recent donation of over $3 million to the Darfur region of Sudan and donated $356,500 to Deworm the World Initiative. The initiative was presented by Young Global Leaders (YGL) Education Taskforce at the Davos World Economic Forum. Last year HRH made a $360,000 donation to SOS Children's Village in Indonesia and made a substantial emergency donation to Indonesia's flood victims. In 2006, HRH made a donation for the Yemen landslide victims and in the same year donated $1 million through the United Nations World Food Program (UNWFP) to the drought-ravaged people of Kenya. His Highness had made a SR20 million donation to Pakistan's earth quake victims in 2005. Other major donations made by HRH included $19 million to South East Asia's Tsunami victims, $830,000 donation to the families of the Egyptian train fire victims, 80 tons of supplies to the Algerian quake victims, $500,000 to Jammeh Foundation for Peace in The Gambia to fund a diagnostic center, one million Egyptian Pounds (LE) in support of Mrs. Susanne Mubarak campaign for the treatment of children suffering from cancer, $5 million to assist in the rescue and rebuilding efforts in the wake of floods in Morocco, $5 million to support the Carter Center Peace and Health programs in Africa, and the rebuilding of Zayzoon village in Syria after it was wiped by floods caused by the collapse of a dam.

-Ends-

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