The donation comes as part of a cooperation pact signed by the two institutions in November 2007, under which a banking account has been opened for supporting charity projects sponsored by the Foundation for the benefit of the largest possible number of the needy and disadvantaged.
Dubai Bank CEO Mr. Abdulaziz Al Muhairi delivered the cheque to Mr. Ibrahim Mohammed Bumelha, Deputy Chairman of the Foundation's Board of Trustees at a meeting held at the Foundation's premises, with officials from the two institutions attending.
'Since its launch, Dubai Bank has been acting upon the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum to encourage charitable work across the UAE', said Mr. Al Muhairi. 'We chose to work with this Foundation thanks to its track record and reputation for helping the needy and disadvantaged. At Dubai Bank we, as management and staff, feel a sense of fulfilment when we can put smiles on the faces of those who deserve this support, while at the same time continuing to make progress on our projects to the highest levels of customer satisfaction.'
Commenting on the occasion, Mr. Ibrahim Bumelha expressed the Foundation's deep satisfaction with the diligent humanitarian and charity efforts tirelessly exerted by the Dubai Bank.
'We deeply appreciate the social responsibility shouldered by Dubai Bank and we thank them for choosing our Foundation, which spares no efforts to upgrade its social services in a way that pleases God, our noble leadership and the citizens of the UAE,' said Mr. Bumelha.
It is worth noting that Dubai Bank is implementing this year a series of corporate social responsibility initiatives with official institutions working in the field of charitable social activity, the first of which was a visit paid by the Bank to the Sharjah Autism Centre last month.
Dubai Bank donates Dhs1.1m to Mohammed bin Rashid Al Maktoum Humanitarian and Charity Foundation
As part of its continued efforts to promote charitable and humanitarian activities, Dubai Bank, the fastest-growing ethical and Shari'a-compliant financial institution in the UAE, has recently delivered a cheque of Dhs1,172m to the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Foundation.
- United Arab Emirates: Monday, March 17 - 2008 at 12:49
- PRESS RELEASE
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| Mohammed Juma Ahmed, Head of Corporate Communications, Dubai Bank; Abdulaziz Al Muhairi, CEO, Dubai Bank; His Excellency Ibrahim Bumelha, Deputy Chairman of the Board of Trustees, Mohammed bin Rashid Al Maktoum Humanitarian and Charity Foundation; and Nabil Gargash, member of the Foundation's Board of Trustees. |
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Posted by Eman HassanMonday, March 17 - 2008 at 12:49 UAE local time (GMT+4)
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