Saudi-based social impact company Arweqah Alreyadah has renewed a memorandum of understanding with the Suleiman bin Abdulaziz Al Rajhi Development Finance Foundation, known as RFD, to support productive families and expand their economic opportunities.
The agreement was signed by Muatamad Bagais, CEO of Arweqah Alreyadah, and Abdulhakeem Aldawood, deputy CEO of RFD.
According to the announcement, the partnership will focus on identifying eligible families, assessing opportunities to support and finance them under approved guidelines, and evaluating applicants for development programs.
The renewed cooperation is intended to help families strengthen the sustainability of their projects and improve their income sources, the company said.
Source: LinkedIn
