Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
Board of Directors of Awqaf and Minors Affairs Foundation Approves 2018-2020 Strategic Plan
 
Board of Directors of Awqaf and Minors Affairs Foundation Approves 2018-2020 Strategic Plan
  • Al Mutawa: Strategic Plan mandates implementation of several initiatives and meets fourth-generation system of government excellence
  • Plan outlines 18 objectives under five key pillars to achieve AMAF’s mission and extend support to larger number of charity beneficiaries 
Dubai-UAE: 30 April 2018 – Awqaf and Minors Affairs Foundation’s (AMAF) new strategic plan for 2018–2020 has been approved by its Board of Directors, revolving around five pillars - growing endowment, minors’ care, financial sustainability, governance and corporate excellence, and enhancing customer happiness. 
 
The board meeting held at the AMAF headquarters was attended by senior board members including His Excellency Essa Abdullah Al Ghurair, Chairman, Abdul Rahman Hareb Al Hareb, Vice Chairman, His Excellency Ali Al Mutawa, Secretary General, and Dr Hamad Al Hammadi, board member. 
 
The strategic plan covers 18 main objectives that collectively aim to achieve AMAF’s mission and expand the number of people benefiting from its charity work. These objectives include growing endowment assets, counting and registering endowments, enhancing social engagement in growing endowments, improving the efficiency of endowment disbursements, improving the efficiency of asset management, empowering minors, protecting and managing minors’ finances, improving efficiency of minors’ asset management, growing and diversifying revenues, rationalizing expenditures, achieving financial independence, developing assets and properties, achieving excellence and innovation in smart services and processes, foreseeing the future, developing human resources, managing governance with international standards, achieving leadership in enhancing customers’ happiness, and providing a happy customer experience. 
 
The 18 objectives are closely linked to meeting the criteria of the fourth-generation system of government excellence in Dubai that integrates innovation standards. The objectives are also aligned with the pillars of Dubai Plan 2021 and the emirate’s Smart Government goals. 
 
His Excellency Ali Al Mutawa, Secretary General of AMAF, said: “Approving the strategic plan for 2018-2020 is an important step that will help draw a clear and detailed roadmap for our projects and initiatives if we are to achieve our vision of empowering minors and growing endowments. This step will also help us anticipate the future and comply with the fourth-generation system of government excellence in line with Dubai Plan 2021 that seeks to transform the emirate into a smart and sustainable city with a pioneering government and a coherent society.” 
 
He added: “Achieving our mission to become a global role model in endowment development and minors’ empowerment needs a clear strategic plan that enables minors to become productive members of society, while developing endowments through diversifying revenues, rationalizing expenditures, achieving financial independence, and enhancing the value of our assets and properties.  
 
“The new strategic plan will build on these successes and implement several initiatives to help us realize our primary goal of providing care to minors, protecting and investing their finances, growing endowments, and encouraging society to engage in charity. These efforts will eventually empower us to play a stronger role in enhancing Dubai’s position as a leading hub for the global economy as well as the Islamic economy, and as a preferred place to live, work and invest.” 
 
The board also reviewed updates from the Department of Minor’s Affairs, including the services and activities it conducts for different categories of minors, and from the Department of Endowment Development that is tasked with developing assets and attracting endowments.


Posted by : Dubai PR Network Editorial Team
Viewed 7466 times
PR Category : Banking & Investments
Posted on : Monday, April 30, 2018  2:03:00 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 : FIABCI World Congress 2018 discusses opportunities and chall...
Next Story : Locus Chain Foundation Launches Fourth Generation Blockchain...
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
Flaunt your gravity-defying hairstyles to become the face of our brand [10181-Views]
Sony Unveils Newest Products and Introduces Latest Efforts from Entertainment Businesses ... [7899-Views]
Hask's Winter Care for Your Hair [7710-Views]
Celebrate Valentine's Day with GUESS [7668-Views]
New Lamborghini Huracán EVO: elevation of technologies for amplified driving pleasure [7058-Views]
Start the Year with some TLC and enjoy the fantastic offers at The SPA at Steigenberger Ho... [7015-Views]
Rolls-Royce Motor Cars Achieves Historic Business Record [6856-Views]
Trend Alert: Stay Timeless and Classy With a D1 Milano Timepiece [6808-Views]
Tissot Chemin des Tourelles [6429-Views]
Nokia 8 Sirocco blends premium craftsmanship and latest innovation with Android™ 9 Pie upg... [6265-Views]
Gharib Lands Al Shira'aa Double As One-Star Event Comes To A Close [6143-Views]
LG Electronics' Promise of AI for an even Better Life Delivered at CES 2019 Keynote [5960-Views]
Continental Commissions First Driverless Tyre Test Vehicle [5893-Views]
19 reasons to fly with British Airways in 2019 [5752-Views]
Hankook 24 Hours of Dubai kicks off the 2019 season for Audi [5618-Views]
Celebrate the Month of Love with a Brighter Smile at The Smile Bar [5478-Views]
Global Village presents Scheherazade, a timeless tale of intrigue and adventure [5124-Views]
HP Opens CES 2019 with Stunning Displays, PCs and Security Innovations [5087-Views]
Malabar Gold & Diamonds opens a new showroom in Millennium Dubai Airport Hotel to cater to... [5002-Views]
Longchamp Spring/summer 2019 Show [4996-Views]
Eberhard & Co. Main Sponsor of Winter Marathon 2019 [4776-Views]
Introducing Burberry Bespoke Fragrances [4660-Views]
Turkish Airlines reached the 80.2% Load Factor in December 2018. [4654-Views]
Always take the front row with this 7.2” supersized smartphone screen [4569-Views]
Samsung Smart TVs to Launch iTunes Movies & TV Shows and Support AirPlay 2 Beginning Sprin... [4386-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories