AlQa'dah 17, 1432, Oct 15, 2011, SPA - Prince Khaled Al-Faisal bin Abdulaziz, the Governor of Makkah Region, has approved the establishment of a chair to be named ''Prince Khalid Al-Faisal Chair for the Development of Informal Neighborhoods in the Region'' to be financed by bin Laden Saudi Company. The Rector of Umm Al-Qura University, Dr. Bakri bin Matouk Asas, has pointed out that this step indicates clearly the Prince's keenness on the progress of Makkah region, noting that the Chair will last for five years and contributes to development of the informal neighborhoods in the region.