The Ministry of Community Development and Abu Dhabi Islamic Bank signed a Memorandum of Understanding (MoU) to establish four day clubs at the social development centers in Dubai, Fujairah, Sharjah and Ras Al Khaimah for senior citizens.
The MoU aims at enhancing the Bank's participation in the Ministry's social projects and initiatives, under which the Bank will provide financial sponsorship with a total value of AED1,200,000.
The Memorandum of Understanding sets out the areas of cooperation between the two entities by establishing day clubs for senior citizens in the Social Development Center in Dubai, the Social Development Center in Fujairah, the Social Development Center in Sharjah and the Social Development Center in Ras Al Khaimah, in addition to voluntary participation in the specialized fields for both sides.