Saudi loses Al-Rajhi
Muhammad Al- Rajhi, a prominent Saudi b u s i n e s s m a n passed away last fortnight. Al-Rajhi was a member of the Al-Rajhi Bank’s
board of directors and one of the bank’s founders. He established Al- Rajhi Bank, one of the biggest commercial banks in Saudi
Arabia with his brothers Saleh, Abdullah and Sulaiman. He has played a significant role in boosting the Kingdom’s economy and creating more job opportunities for Saudis. His companies employ more than 5,000 people. He was well known for his philanthropic and humanitarian activities. Born in Bakeriya, before the discovery of oil, Al-Rajhi supported the Kingdom’s food security program by
establishing big farms, especially date farms with more than 250,000 date palm trees.