Dubai Economy invites institutions and companies to support endowment projects

Business Index..a cooperation agreement to promote the "Dubai Endowment Sign"

Representatives of the Dubai Economy and the Mohammed bin Rashid International Center for Endowment and Endowment Consultation on the sidelines of the signing of the memorandum.

From the source

The Dubai Economy, represented by the Commercial Registration and Licensing Sector, signed a memorandum of understanding with the Mohammed bin Rashid International Center for Endowment and Endowment Consultation, affiliated with the Endowment and Minors Affairs Foundation in Dubai, to promote the "Dubai Endowment Mark", revive the year of endowment, and its importance in achieving community development, by defining companies Licensed by the Dubai Economy, the importance of the endowment, and its encouragement to contribute to endowment projects.

Under the agreement, the center will provide Dubai Economy with information on the "Dubai Endowment" mark, which will be granted to private sector shareholders.

The Center is a consultative endowment institution, and provides its services to individuals and local, regional and international institutions free of charge, to work towards achieving the Dubai World Vision for Endowments and Endowments.

Acting Executive Director of the Commercial Registration and Licensing Sector, Mohammed Hassan Al Shehhi, said: “We are pleased to cooperate with the Mohammed bin Rashid Global Center for Endowment and Endowment Consultation, which comes within the framework of efforts to establish a culture of social and humanitarian responsibility, and to support community work in the private sector, to perform their role in serving the nation. Contributing to his development process and endowment projects.

He added that "the agreement is a good example of cohesion between the government and private sectors and members of society towards providing aid and contributing to social responsibility."

Al Shehhi pointed out that the business community licensed by the Dubai Economy will be introduced to the “Dubai Endowment” mark, an appreciation granted by the Mohammed bin Rashid Global Center for Endowment Consultation, to those who have sustainable societal contributions, based on the innovative endowment concept, calling on institutions and companies to participate in allocating Endowments from its economic activities, or percentages of its revenues, to support endowment projects in the Emirate.

For her part, Zainab Juma Al-Tamimi, Director of the Mohammed Bin Rashid International Center for Endowment and Endowment Consultation, said, "The UAE is one of the first donor countries in the field of humanitarian and charitable work, so we seek, through cooperation with Dubai Economy, to enhance the culture of endowment, and encourage the private sector to Supporting humanitarian work and community service, and achieving the center’s strategy of enabling crowdfunding to meet the needs of the community.”

She added that "contributors to innovative endowment projects will be awarded (the Dubai Endowment Mark), which is an appreciation granted by the Mohammed bin Rashid Global Center for Endowment Consultation and Endowment to government and private institutions that have sustainable community contributions based on the innovative endowment concept."

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