Al Dammam Development Company constructed the monument of Prince Saud Bin Naif Bin Abdul-Aziz to participate in the development of the Dammam area along with the government sector. Based on its vision to support social community activities, which are among the main factors in measuring the success and development of societies, the monument was officially opened on Sunday, June 27, 2010.
The idea and design of this memorial are derived from Saudi tradition. It is located ont King Fahd Street in Dammam City.