"Al-Hasala" initiative launched by Saad Al Hamoudi won the first place of King Khalid Development Partners Award in 2018G through the electronic mass voting tool.

Initiative Description:

This initiative was launched in 2009G and aims at raising the awareness of the Arab Community in the field of the management, consumption, investment and saving of money. The idea of the project emerged subsequent to conducted economic surveys which all confirmed the existence of financial challenges for the members of the society including the high percentage of consumer loans and absence of any saving culture.