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Dubai Economy Launches Innovative Endowments For Economic Knowledge And Awareness
(5 December 2017)

 

 Dubai Economy has announced the launch of two endowment initiatives in co-operation with the Mohammed bin Rashid Global Centre for Endowment Consultancy. The move is in line with President His Highness Sheikh Khalifa bin Zayed Al Nahyan, declaring 2017 as the ‘Year of Giving’ and the Global Vision of Endowment adopted by the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Dubai Economy has been granted the Dubai Endowment Sign by the Mohammed bin Rashid Global Centre for Endowment Consultancy for being a role model in contributing towards the community in the education and training sector in the UAE.

Sami Al Qamzi, Director-General of Dubai Economy, said,"The Year of Giving declared by President His Highness Sheikh Khalifa bin Zayed Al Nahyan represents a great opportunity for every entity to enhance its position in doing good to the community. Dubai Economy is keen to remain a supportive and essential partner in community welfare. Since we work closely with commercial institutions in Dubai we have launched two innovative endowments, which allow businesses to contribute to the community, in co-operation with the Mohammed bin Rashid Global Centre for Endowment Consultancy. The Awareness endowment particularly allows commercial institutions to demonstrate their social responsibility. Through the second endowment for Economic Knowledge we aim to provide free training courses for small enterprises in order to help them develop."

Mariam Al Afridi, Director, Government Communication Department in Dubai Economy, said, "We are following closely and with great admiration all the developments and initiatives since the launch of the Global Vision of Endowment by His Highness Sheikh Mohammed bin Rashid Al Maktoum, which has continued to source significant support from the public and private sectors to all segments within the UAE. We are keen to participate in the initiatives of the Mohammed Bin Rashid Global Centre for Endowment Consultancy, particularly to provide for the Economic Knowledge programme for small enterprises. It will increase awareness on the importance of economic initiatives and encourage citizens to become more active in economic development and diversification across the UAE."

Dr. Hamad Al Hammady, Secretary-General of the Mohammed bin Rashid Global Centre for Endowment Consultancy, said, "We appreciate the partnership Dubai Economy has established with the Mohammed bin Rashid Global Centre for Endowment Consultancy in launching two important, innovative and influential endowments. The Awareness endowment will help the Centre to reach the largest possible number of commercial institutions and encourage them to support sustainable community contribution. This will positively impact social responsibility, which is a key axis in the ‘Year of Giving.’ The Economic Knowledge endowment for small enterprises, which will increase the quality and value of these projects, also contributes to their success by providing the right information and expertise. This endowment provides an important services to small enterprises for free and will contribute to enhancing their presence in the market."

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