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16/04/2017 08:06 AST
The bank's donation is in line with the Year of Giving initiative, launched by President His Highness Sheikh Khalifa Bin Zayed Al Nahyan to encourage the private sector to join in partnership and co-operation with humanitarian institutions.
Mohammed Haji Al Khouri, Director-General of the Khalifa Foundation, accepted the cheque from Awatif Al Harmoody, General Manager of Operational Control and Processes at Emirates Islamic Bank.
Al Khouri said that this gesture is an excellent opportunity to build on the humanitarian work between the public and private sectors in the country.
"This is not a unique gesture by the financial institutions in this country. They have previously pulled out all the stops for humanitarian campaigns launched by the state, in many countries such as Yemen, Syria, Lebanon and Somalia, which helped millions of people," he added.
Al Harmoody said that Emirates Islamic Bank is also committed to supporting the Year of Giving through a series of programmes and events that will provide assistance to different groups in the UAE.
"Today, we are proud to be able to reach out to underprivileged families, orphans, and charitable and social institutions. Our partnership with these organisations is in line with our objectives to reach as many people as possible during the Year of Giving," he added. MMYS
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CPI Financial
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
Ticker | Price | Change |
---|---|---|
FAB | 11.95 | 0.20 (1.70 |
NCB | 64.98 | 0.35 (0.54 |
RJHI | 76.03 | 0.78 (1.03 |
EMIRATESNBD | 10.65 | 0.05 (0.47 |
SAMBA | 26.98 | 0.59 (2.23 |
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