Dubai PR Network, Online Press Release from Dubai and Middle East
 
Charity & Humanity(Government, Legal & Humanity)
Filter PR by
  
Awqaf and Minors Affairs Foundation Partners with Khalaf Ahmad Al Habtoor Foundation for Charity to Develop Residential and Commercial Building for Endowment
 
Awqaf and Minors Affairs Foundation Partners with Khalaf Ahmad Al Habtoor Foundation for Charity to Develop Residential and Commercial Building for Endowment

Dubai-UAE: 22 December, 2016:  Awqaf and Minors Affairs Foundation (AMAF) in Dubai and the Khalaf Ahmed Al Habtour Foundation for Charity (KAHF) have lately signed an awqaf investment partnership contract to build a residential commercial building.

Revenues from the building will be allocated to the Umom Al Kheir Bank, run by AMAF. KAHF will provide full funding for the project, estimated at AED8 million.

His Excellency Tayeb Abdulrahman Al-Rais, Secretary General of AMAF, and Abdul Salam Mahmoud Al Marzouki, General Director of Khalaf Ahmed Al Habtour Foundation for Charity, signed the partnership contract in the presence of Khalaf Ahmad Al Habtoor, founder of KAHF and prominent UAE philanthropist, as well as senior representatives of both organizations.

Al-Rais said: “Transcending caring for underprivileged communities, waqf (endowment) has always served as a viable foundation for social and economic empowerment, and contributed to the development of human societies. Through charitable endowments, AMAF routinely seeks to fulfil people’s needs while enhancing their standard of living.”

Al Marzouki stressed the importance of collaboration with government organizations and private entities in the fields of social services, healthcare, education, and humanitarian work while supporting those in need.

He said: “Only through synergistic efforts can we succeed in establishing the UAE as a hub for charity and humanitarian work.” 

Registered in AMAF’s name with the Umom Al Kheir Bank as a beneficiary, the four-storey building will be located in Dubai’s Al Bada area on a 5,433 square feet plot of land with an estimated value of AED5.5 million. 

Posted by : Dubai PR Network Editorial Team
Viewed 9778 times
PR Category : Government, Legal & Humanity
Posted on : Thursday, December 22, 2016  2:43:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : ADFD Ranks Second in UAE Foreign Aid Contributions for 2015,...
Next Story : Mentions of Human Rights in Annual Reports Dips for the Firs...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
SOUQ.com to Launch Half a Million Deals for White Friday 2017 [18001-Views]
Roja Parfums ELYSIUM - Now available at Paris Gallery in UAE [14732-Views]
Give the Gift of Beautiful Hair with SHOW Beauty [14048-Views]
PLAY FOR PEACE, Spread Good Vibes this Christmas [13908-Views]
Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Walid Atalla... [13426-Views]
Celebrating regional artistry, creativity and talent through a passion for makeup at the a... [12481-Views]
FOREO: Futuristic Gifting Ideas [11328-Views]
Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Ceremony [10919-Views]
Infinix Launches Zero 5 in Dubai in Partnership with Souq.com [10577-Views]
TKD Lingerie: New lingerie treats for the holidays [9077-Views]
Stylish automatics from CITIZEN made for the special occasion [9034-Views]
Alessandro International mystifies with its launch event for its Winter Collection [8772-Views]
Tissot Chrono XL - It's time to think big! [8650-Views]
Santa Claus is coming to town on a festive Graham Chronofighter Vintage Nose Art Ltd [8552-Views]
Alpha Assured Assistance (AAA) Loyalty Program to ramp up loyalty landscape in the UAE [7814-Views]
ALWAYS TOP OF THE CHARTS: THE ICONS [7448-Views]
Tub Of Butter Celebrates First Birthday with 1 Dhs Coffee [7180-Views]
Ulysse Nardin Marine Torpilleur Military - The Mark of A Captain [7003-Views]
SAINT HONORE Celebrates the UAE's 46th National Day with a Limited Edition Haussman Quartz [6844-Views]
The Rado True Cyclo - Exclusive watch co-developed with French designer Philippe Nigro [6472-Views]
Dubai RAK Diabetes Center launches Dhs 1 Diabetes screening for residents [6454-Views]
Middle East Food Forum (MEFF) to host its 2nd edition co-located with SIAL Middle East in ... [5508-Views]
Experience the best of Korean beauty with Missha [5411-Views]
SOUQ ramps up operations ahead of White Friday Sale [5100-Views]
Dubai Shines as Global Industry Descends on Vod Dubai International Jewellery Show [4935-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories