RCRC CEO Presents King Abdulaziz Order to Al-Fozan and Al-Shaya

Pursuant to the Royal Order, His Excellency Eng. Ibrahim bin Mohammed Al-Sultan, Minister of State, Member of the Council of Ministers, and CEO of the Royal Commission for Riyadh City (RCRC), presented businessmen – Abdullah bin Abdul Latif Al-Fozan and Mohammed bin Abdulaziz Alshaya – the King Abdulaziz Order of the Fourth Class. This honoring was bestowed in recognition of their company’s (Shomoul Holding Company) initiative to develop the intersection of King Salman Road and King Fahd Road, where the company’s Avenues Riyadh project is located, at a cost of SAR 646 million.

His Excellency thanked the wise leadership for recognizing the pioneering initiatives and contributions of the private sector, which play a key role in driving the development agenda. He affirmed the private sector’s essential role as a key partner in the comprehensive transformation of the capital. His Excellency also underscored that such landmark projects and initiatives significantly enhance the quality of life for Riyadh’s residents and raise the standard of public services, thereby directly contributing to the realization of Saudi Vision 2030 objectives.