Dubai Bank donates Dh1b to Mohammed Foundation

DUBAI — As part of its continued efforts to promote charitable and humanitarian activities, Dubai Bank recently donated a cheque of Dh1.172 billion to the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Foundation.

By A Staff Reporter

Published: Fri 21 Mar 2008, 9:48 AM

Last updated: Sun 5 Apr 2015, 6:47 PM

The donation comes as part of a cooperation pact signed by the two institutions in November 2007, under which a banking account has been opened for supporting charity projects sponsored by the foundation for the benefit of the largest possible number of the needy and disadvantaged people.

Dubai Bank CEO Abdulaziz Al Muhairi handed over the cheque to Ibrahim Mohammed Bumelha, Deputy Chairman of the foundation's Board of Trustees, at a meeting held on the foundation's premises, with officials from the two institutions attending.

"Since its launch, Dubai Bank has been acting upon the directives of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to encourage charitable work across the UAE," said Al Muhairi.

"We chose to work with the foundation due to its track record and reputation for helping the needy and disadvantaged. At Dubai Bank, we, as management and staff, feel a sense of fulfilment when we can put smiles on the faces of those who deserve this support, while at the same time continuing to make progress on our projects to the highest levels of customer satisfaction."

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