Driven by care and responsibility, TCE Group has partnered with Alshefa Health Endowment through its subsidiary Tohour Al Bidaa’ (طهور البيداء) to support programs that provide free medical services and promote community well-being.
This collaboration reflects our continued commitment to building a healthier, more compassionate society, one act of care at a time.
Prince Faisal bin Salman, governor of Madinah and chairman of the Alshifa Endowment Supervision Council, launched the Alshifa Health Endowment Fund in Madinah. The fund provides health coverage services for residents who are not covered by free health care services and are not eligible for health insurance to be treated in hospitals.
The endowment fund aims to collect assets worth SR200 million ($53.3 million) until 2025, to spend the returns of its investments on endowment banks. The fund is one of the initiatives launched by the Alshifa Endowment to provide an opportunity for individuals and private-sector institutions to contribute to alleviating the suffering of the targeted patients.
It also stimulates community participation and triggers the social responsibility of private-sector establishments in supporting non-profit development investment programs. Prince Faisal handed the health coverage card to the first beneficiary of the Alshifa Health Endowment services. This service is one of the modern models in charitable work as the insurance card covers the costs of basic health needs for those who are not covered by free health care in hospitals.
This marks a qualitative addition to the health services provided to beneficiaries in the region and contributed to supporting the directions of the Health Sector Transformation Program aimed at achieving sustainable health development and ensuring the availability of all basic health needs for citizens, residents and visitors with high quality and efficiency.