{"id":60380,"date":"2023-10-30T15:16:00","date_gmt":"2023-10-30T12:16:00","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=60380"},"modified":"2023-10-30T15:16:00","modified_gmt":"2023-10-30T12:16:00","slug":"%d9%85%d8%b0%d9%83%d8%b1%d8%a9-%d8%aa%d9%81%d8%a7%d9%87%d9%85-%d8%a8%d9%8a%d9%86-%d8%a7%d9%84%d8%a8%d9%84%d8%af%d9%8a%d8%a9-%d9%88%d8%a7%d9%84%d8%a5%d8%b3%d9%83%d8%a7%d9%86-%d9%88-%d9%86%d8%ac","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/60380\/","title":{"rendered":"MoU between Municipality and Housing and Najm to support road performance improvement initiatives"},"content":{"rendered":"

Signed Ministry of Municipal and Rural Affairs and Housing<\/a> <\/strong>Today, a memorandum of understanding was signed with Najm Insurance Services to develop initiatives that support the improvement of road performance, and to collaborate on awareness campaigns to prevent traffic accidents. The event was held under the patronage of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs, and Housing, and attended by a number of officials from both sides.<\/p>\n

Representing the ministry at the signing ceremony was Hassan bin Marizen Asiri, Undersecretary for Projects and Public Health, while the company was represented by Acting CEO Muhammad bin Yahya Al-Shahri. The memorandum aims to develop cooperation with \u201cNajm\u201d in an initiative to establish a fund for improving road performance (accidents \u2013 traffic congestion) in accordance with regulations and instructions, and to provide support for awareness campaigns to prevent traffic accidents within the Ministry\u2019s various facilities.<\/p>\n

The Red Fund Initiative<\/h3>\n

Under the memorandum, the Ministry will collaborate with \u201cNajm\u201d to support the \u201cRed Fund\u201d initiative launched by \u201cNajm,\u201d with the aim of monitoring locations where traffic accidents are on the rise and classifying them into categories (critical \u2013 moderate \u2013 low). The Ministry will then develop and address these areas to reduce accident rates, in addition to adopting the Kingdom\u2019s master map for use in Najm\u2019s operations after completing the necessary regulatory procedures.<\/p>\n

Through its national initiatives and under the supervision and oversight of the Saudi Central Bank, \u201cNajm\u201d seeks to strengthen the role of the insurance sector in cooperation with government agencies as part of its social responsibility, and to provide statistical data and spatial reports to the Ministerial Committee for Traffic Safety and relevant authorities, with the aim of collaborating to find appropriate solutions to reduce traffic accident rates in the Kingdom, thereby minimizing the financial consequences and economic losses resulting from traffic accidents.<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The Ministry of Municipal, Rural Affairs and Housing signed a memorandum of understanding with Najm Insurance Services to develop initiatives that support the development of road performance and cooperate in awareness campaigns to avoid traffic accidents, under the patronage of HE Minister of Municipal, Rural Affairs and Housing Mr. Majid bin Abdullah Al Haqeel, and a number of officials from both sides. The Ministry was represented by the Undersecretary of Projects and Public Health ... Read more<\/a><\/p>","protected":false},"author":27,"featured_media":60381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[104],"tags":[],"class_list":["post-60380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak 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