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 5618 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
BodyO launches officially its AiPod for a full body check-up during the Gitex Future Stars [13194-Views]
The World of Aigner Wunderkammer [12584-Views]
Halloween “Catwoman” mask using BROW products [11041-Views]
Fifi & Friends - Now available at more outlets across the UAE [9760-Views]
Win up to 250,000 Gold coins at Malabar Gold & Diamonds this festive season [9187-Views]
Corum Heritage Eleganza- Dedicated to the stylish woman [9120-Views]
Michael Kors to Introduce a Special-edition Whitney Handbag for the Middle East [8692-Views]
BOLLYWOOD PARKS™ Dubai introduces 11 new shows with a new line up of performances from var... [8516-Views]
Dubai's newest social hub - Bar Baar introduces ‘Thela Baar Brunch' [7820-Views]
Hour Choice presents Coach Park Collection (Suede straps) [7741-Views]
Sunglasses Trends for Fall/Winter 2018 [7472-Views]
Dubai Shopping Festival Returns With Much-awaited Mega Raffles [7344-Views]
Saddle Up With kate spade Fall 2018 [7210-Views]
Scuderia Ferrari Aspire Watch Special Edition Gift Set [7082-Views]
Neymar Jr. Partners With GaGà Milano as Brand Ambassador [6893-Views]
CITIZEN Unveils 100th Anniversary Limited Edition Collection [6716-Views]
Rado DiaMaster Ceramos Automatic [6637-Views]
Introducing the Nokia 7.1 to the UAE [6399-Views]
W Motors and Safe City Group introduce the BEAST PATROL at GITEX: One of the most advance... [6393-Views]
L'oréal Among the Top 10 of Thomson Reuters Diversity & Inclusion Index [6246-Views]
Trust Corine de Farme for Sulfate-Free Baby Products [6216-Views]
Be Thankful with Tub of Butter This Thanksgiving [6124-Views]
Sharjah Government pavilion highlights digital transformation of Sharjah at GITEX 2018 [5966-Views]
Malabar Gold & Diamonds partners with NBF for the second NBF Fujairah Run [5679-Views]
HUGO BOSS Watches Jump Collection [5460-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories