Riyadh –
In a new step to reinforce its role as a leader in corporate social responsibility and support for philanthropy and endowment projects in Saudi Arabia, OSUS Real Estate has signed a Memorandum of Understanding (MoU) with National Platform for Charitable Work (Ehsan).This agreement aims to foster collaboration between both parties in implementing various initiatives to support charitable and developmental efforts in the Kingdom and enhance the sustainability of endowment projects.
The MoU signing ceremony took place during the Campaign operation center in Riyadh on March 19. The agreement was signed by Mr. Anas Majid Al-Majed, CEO of OSUS, and Eng. Ibrahim Abdullah Al-Hussaini, CEO of the Ehsan Platform.
Under this agreement, OSUS will allocate a specific financial contribution from the value of every real estate unit sold across all its projects to support endowment initiatives through the Ehsan platform. The objective is to strengthen sustainable philanthropy and solidify its social impact. A structured mechanism will be established to ensure that funds are transferred on a regular basis.
This initiative underscores OSUS’ commitment to continual and sustainable support for charitable and developmental projects in the Kingdom, further reinforcing its image as a socially responsible company.
The partnership between OSUS and Ehsan is part of a broader initiative to integrate private sector involvement in charitable and developmental activities, fostering long-term sustainability and expanding the reach of charitable efforts in Saudi Arabia.
