Al-Balad () is the historical area of Jeddah, the second largest city of Saudi Arabia. Balad can literally be translated as "The Town." Balad is the historic center of the City of Jeddah. Al-Balad was founded in the 7th century and historically served as the centre of Jeddah. Al-Balad's defensive walls were torn down in the 1940s. In the 1970s and 1980s, when Jeddah began to become wealthier due to the oil boom, many Jeddawis moved north, away from Al-Balad, as it reminded them of less prosperous times. Al-Balad had insufficient parking space for large cars. Its stores did not sell expensive designer clothing. Poor immigrants moved in place of the Saudi population. The municipality of Jeddah began historical preservation efforts in the 1970s. In 1991 the Municipality of Jeddah founded the Jeddah Historical Preservation Society to preserve the historical architecture and culture of Al-Balad. In 2002, US$4 million were earmarked for the preservation society. In 2009, Al-Balad was nominated by Saudi Commission for Tourism and Antiquities to be added to UNESCO's World Heritage list, and it was accepted in 2014. In order to preserve the old structures within Al-Balad, the Historical Area Preservation Department was established in 1990, hoping also to help promoting cultural tourism in the country. The Saudi Crown Prince, Muhammad bin Salman, pledged $13.33 million to restore the old city in Jeddah as there were 56 buildings in urgent need of repair. Many Jeddawis had moved away from Al-Balad by 2007; the streets of Balad were still packed with people during the month of Ramadan. Around that year the Jeddah Urban Development Company was formed to restore Al-Balad. Historical neighborhoods Al-Balad is mainly divided into number of different districts: Al-Mazloum neighborhood: This neighborhood was named after Abdulkarim al-Barzanji, who was killed by the Ottoman government and located in the north-eastern part of area north of Al-Alawi Street, with Dar Al-Qabal, Al-Shafi'i Mosque and Souk Al-Jamaa. Al-Sham neighborhood: Located in the northern part of Al-Balad which includes this neighborhood Dar al-Sarti and Dar al-Zahid. Al-Yemen neighborhood: Located in the southern part of Al-Balad south of Al-Alawi Street and gained its name towards the country of Yemen , it includes Dar Al-Nassif, Dar Al-Jumjum, Dar Al-Shaarawi and Dar Al-Abdul-Samad. Al-Bahr neighborhood: Located in the south-western part of Jeddah, overlooking the sea and the Dar Al-Radwan House, known at the time as the Radwan of Sea. Historical houses Among