Volume # 07 | July, 2017

UAE Freezones Biz News Updates

Dubai development foundation invests more than Dh1.5bn in humanitarian projects in 2016

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, launches the Humanitarian Accelerators on Friday. Courtesy UAE Ministry of Cabinet & The Future Public Diplomacy Office

Also on Friday, Sheikh Mohammed and Sheikh Hamdan launched the Humanitarian Accelerators.

The Mohammed bin Rashid Al Maktoum Global Initiative invested more than Dh1.5bn in humanitarian and developmental projects worldwide last year.

The figure was shared during a meeting of the Board of Trustees chaired by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and attended by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai.

Forty two million people in 62 countries benefited from MBRGI’s initiatives that aim to support disadvantaged groups and empower communities.

“We are dedicated to serving humanity and standing by those in need wherever they may be; we believe that our value lies in improving the lives of others, regardless of their colour, gender, religion, or sect,” Sheikh Mohammed said during the meeting on Saturday.

“Today, as we look back on our accomplishments in 2016, we feel a sense of pride in the difference that our humanitarian, charitable and community-based organisations have made to the lives of millions of people around the world; we share our numbers in hopes that others may be inspired to join us in our mission to serve communities in need.

“I call on all our institutions to continue instilling goodness and hope, on behalf of the UAE, in every part of the world, and to be proactive in bringing about positive change and working to build a better future for all of humanity,” Sheikh Mohammed said.

Sheikh Hamdan said MBRGI — which was inaugurated in October 2015 — embodied the teachings of the Dubai Ruler.

“These initiatives hold a special place in Sheikh Mohammed’s heart. Every day he teaches us the value of people and the importance of working to advance humanity, to invest in communities and to believe in the value of hope to grow nations. This is MBRGI’s vision — to spread hope, make a positive difference in people’s lives and build a better future for everyone,” he said.

Also on Friday, Sheikh Mohammed and Sheikh Hamdan launched the Humanitarian Accelerators.

The initiative — billed as the first of its kind in the region — aims to gather skilled professionals to aid the humanitarian sector.

The accelerators will be dedicated to improving the financial efficiency of humanitarian organisations and use advanced technologies to enhance humanitarian work.

June 23, 2017

Free Zones Of UAE

Volume # 07 | July, 2017

UAE Freezones Biz News Updates

Courtesy The National

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