Riyadh Chamber launches a program to provide housing for male and female employees

Dr. Abdulrahman Al-Zamil, Chairman of the Board of Directors of the Riyadh Chamber of Commerce, announced that the Board had approved the launch of a housing program for the Chamber’s male and female employees, with concessional financing provided in cooperation with Al-Inmaa Bank, He said that an agreement to implement the program will be signed next week.
Dr. Al-Zamil noted during a meeting with Chamber employees—attended by several Board members, the Chamber’s Secretary-General, and senior staff of the General Secretariat—that the program, which is the first of its kind among chambers of commerce, will have its details and terms unveiled soon. It aims to provide comfort, peace of mind, andfor employees and their families, thereby improving productivity levels and enhancing the Chamber’s overall performance.
He noted that the program will take into account the suitability of housing to the employee’s financial situation and will allow each employee to choose the option that best suits their financial capabilities, with the total amount to be paid in convenient installments.
Al-Zamil highlighted the interest shown by his fellow Board members in this initiative, which aims to benefit employees, noting that the Board’s approval of the program was unanimous.
The Chairman of the Riyadh Chamber urged all employees to redouble their efforts and improve their performance to achieve the Chamber’s goals in serving the business sector, thereby enabling it to contribute to the implementation of economic development programs and projects, as a key partner to the government sector in serving and strengthening the national economy.
Al-Zamil called on all chambers of commerce and companies to adopt housing programs for their employees, noting that helping employees own their own homes is the most important service one can provide to them and contributes to increasing their productivity and stability.
For his part, Hussein Al-Adhal, Secretary General of the Riyadh Chamber of Commerce, praised the initiative of the Chairman of the Board of Directors and the support of the board members in providing housing for the chamber’s employees, and thanked the Chairman and Board members for this initiative, describing it as a reflection of the Board’s commitment to providing comfort and stability for employees and motivating them to increase productivity. He noted that the procedures for signing the agreement with Al-Inmaa Bank are in their final stages.
He added that an office within the Chamber will be designated to finalize all contract procedures with employees without the need to visit the bank, thereby facilitating the process for employees and saving them time and effort.