• HSBC

The Dow Chemical Company pledges Dhs7.3m to Young Arab Leaders

  • United Arab Emirates: Tuesday, December 11 - 2007 at 09:13
  • PRESS RELEASE

The Dow Chemical Company, a world leader in science and technology, signed an agreement today with Young Arab Leaders (YAL) to support the organization's admirable endeavor, The Global Action Program.

The Dow Chemical Company Foundation - the charitable arm of The Dow Chemical Company has committed over Dhs7.3 million to support various initiatives under the 'Arab and American Dialogue Program' in 2008 and 2009. Andrew N. Liveris, chairman and CEO of The Dow Chemical Company and His Excellency Dr. Omar Bin Sulaiman, Chairman of the Board of Directors of YAL signed the agreement in the presence of Dow's Board of Directors and YAL's Executive Leadership.

Addressing the press at the signing ceremony, Liveris, said,

"Dow has always believed in strongly supporting the aspirations of the local communities in which it operates and in contributing to sustainable global economic development. Through our YAL alliance, we aim to increase mutual understanding and respect between two diverse regions such as the Middle East and North America. Dow is honored to form this association with YAL."


Endorsing Dow's stance and philosophy, His Excellency Dr. Bin Sulaiman, said "It is with pride that we partner with Dow to create concrete strategies for inspiring, innovative projects and dialogue that is action-oriented and designed to mobilize young leaders to help create a well connected global community with greater mutual understanding."

Dow hosted a media conference to mark the occasion and announced plans to leverage The Global Action Forums Program, which is part of YAL's initiative for inter-regional dialogue, at accredited universities associated with Dow. The Global Action Program is structured around Action Forums that draw leaders and decision makers from across the globe with the aim of initiating dialogue to foster understanding, and cooperation. One of the key components of the program will be the exposure of rising young professionals and leaders to the life and culture of other regions through fellowships, internships and other programs that offer learning opportunities.
From right to left: His Excellency Dr Omar Bin Sulaiman, Chairman, Young Arab Leaders and Andrew N. Liveris, chairman and CEO of The Dow Chemical Company. 
From right to left: His Excellency Dr Omar Bin Sulaiman, Chairman, Young Arab Leaders and Andrew N. Liveris, chairman and CEO of The Dow Chemical Company.
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Notes and Media Contacts »

About Dow
Dow is a diversified chemical company that harnesses the power of innovation, science and technology to constantly improve what is essential to human progress. The Company offers a broad range of products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $49bn and employs 43,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

About Young Arab Leaders
The Young Arab Leaders is a network of Arab men and women who have seen the power of action in their own lives, reached unprecedented levels of success for their age, are positive and can see beyond today's difficulties to that vision of a prosperous Arab future. These leaders are currently in prominent positions of responsibility and are destined for extraordinary achievement, and they believe that their efforts today can have an impact on their communities, countries and the region as a whole.

For more information please visit: www.yaleaders.org

For further information on Dow:
Loius Vega / Hani Wassim
The Dow Chemical Company
t +971.4.312. 3612 / t +971.4.312. 3668 (office)

Upasna Swain/ Joanna Steele
GolinHarris
t +971.4.332.3308 f +971.4.331.6733

For further information on YAL:
Rami Adwan
PR Associate Account Manager
JiWiN
Tel:+9714 361 3 586
Fax:+9714 388 8 001

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