Overview
Prince Majed bin Abdulaziz Al Saud was a Saudi prince whose name became tied to a number of charitable and development works, most notably the Majed bin Abdulaziz Association for Social Development and Services, which he founded and which was distinguished in development work. [1]
His charitable work extended to an academic chair for volunteer work at Taibah University that bears his name, and to development projects in the city of Jeddah, among them the Prince Majed Entertainment Centre and the Prince Majed Park and Walkway. He died before the year 1434 AH, corresponding to 2013 CE, and his name appears in official documents coupled with the invocation “may God have mercy on him”. [2][3][4]
The Association and Development Work
Prince Majed bin Abdulaziz founded the Majed bin Abdulaziz Association for Social Development and Services, headquartered in the city of Jeddah. [1]
In 2019 the association launched an open endowment fund offered through a public offering with the approval of the Capital Market Authority and under the management of Al-Khabeer Financial Company, to support initiatives that empower members of society; its launch coincided with the passage of about twenty years since the association was founded. [1]
The association signed with King Abdulaziz University a joint cooperation agreement for a period of four years in 1430 AH, corresponding to 2009 CE. [5] Its board of directors is chaired by Prince Mishaal bin Majed bin Abdulaziz, Governor of Jeddah. [6]
Volunteer Work and Academic Patronage
The Prince Majed bin Abdulaziz Chair for Volunteer Work was established at Taibah University, as an extension of the charitable works and humanitarian initiatives he undertook during his life, among them his support for the fields of volunteer work. [2]
Related people
Facilities and Roads in Jeddah
The Prince Majed Park development project included the establishment of the Prince Majed Entertainment Centre, which consists of three floors. [3]
In 1443 AH, corresponding to 2022 CE, the Prince Majed Park and Walkway development project was inaugurated in the centre of the city of Jeddah, on Al-Makarounah Road opposite the Engineering Square, on a total area estimated at 130,000 square metres and at a cost of up to about 80 million riyals. [4]
The park includes a walkway 1000 metres long, a cycling track 1800 metres long, and the largest open children's play area in the city, on an area of 9730 square metres. [4]
In 1448 AH, corresponding to 2026 CE, the Jeddah Governorate Municipality began implementing a project to develop and widen a section of Prince Majed Road about 1900 metres long, extending from the old Makkah Road intersection to the Al-Falah Road intersection. Prince Majed Road is one of the main axes linking the north and south of Jeddah, and it helps ease access to a number of vital facilities, among them King Abdulaziz International Airport. [7]
Frequently Asked Questions
Q: Who is Prince Majed bin Abdulaziz Al Saud? A: A Saudi prince whose name became tied to charitable and development work, and who founded the Majed bin Abdulaziz Association for Social Development and Services. [1]
Q: What is the association he founded, and where is it based? A: The Majed bin Abdulaziz Association for Social Development and Services, headquartered in the city of Jeddah, which launched an open endowment fund in 2019. [1]
Q: What facilities and roads bear his name in Jeddah? A: The Prince Majed Park and Walkway, the Prince Majed Entertainment Centre and Prince Majed Road. [3][4][7]
Q: What academic chair bears his name? A: The Prince Majed bin Abdulaziz Chair for Volunteer Work at Taibah University. [2]
Q: Who chairs the board of directors of the Majed bin Abdulaziz Association? A: Prince Mishaal bin Majed bin Abdulaziz, Governor of Jeddah. [6]
Related topics
- RegionJeddah CityJeddah City is a Saudi city that is a gateway to the Two Holy Mosques and a station through which cultures have passed. Its history spans more than 1,400 years, and it is home to Historic Jeddah, inscribed on the World Heritage List in 2014, alongside modern development projects, most notably the Jeddah Central Project.
- Financial institutionsCapital Market Authority: Regulation and Investor ProtectionExplore the Saudi Capital Market Authority's role in securities regulation, disclosure and market oversight, and understand how the regulator differs from the exchange operator.
- HistoricHistoric JeddahHistoric Jeddah, or Al-Balad, is an urban core on the Red Sea shaped by maritime trade and pilgrimage, with houses distinguished by projecting wooden windows.
- TopicSocial Development BankThe Social Development Bank is a Saudi financing institution established in 1391 AH under the name the Saudi Credit and Savings Bank; its new statute was issued by Royal Decree No. M/34 dated 1/6/1427 AH, and its name was later amended to the Social Development Bank on 30 Muharram 1438 AH. The Bank offers products for social financing, freelance work and small and emerging enterprises, and supports a savings culture.
Sources & references
- Saudi Press Agency (SPA) — Launch by the Majed Association for Community Development of an endowment fund
- Saudi Press Agency (SPA) — The Prince Majed bin Abdulaziz Chair for Volunteer Work at Taibah University
- Saudi Press Agency (SPA) — The Prince Majed Entertainment Centre in Jeddah
- Saudi Press Agency (SPA) — Inauguration of the Prince Majed Park and Walkway in Jeddah
- Saudi Press Agency (SPA) — Cooperation agreement between the Majed Association and King Abdulaziz University
- Saudi Press Agency (SPA) — Chairmanship by Prince Mishaal bin Majed of the association's board of directors
- Saudi Press Agency (SPA) — Development and widening of Prince Majed Road in Jeddah
