Money and business

Understanding "Color" and"World Holding" To join a system "The advantages of the Ghaf"

Abu Dhabi, March 4/ WAM/ “Lunite”, a global investment management company that is based in Abu Dhabi, announced today, the signing of a memorandum of understanding with the international holding company “IHC”, to discuss the possibility of joining “IHC” and companies affiliated to its wallet to the “advantages of Ghaf” system.
The “advantages of Al -Ghaf”, launched by the company “Lunite”, is a platform for the end -of -service bonus boxes that seek to enhance the advantages available to the work forces in the UAE.

It also helps the system to consolidate the financial stability of employees and simplify the process of managing these advantages, as it enables employers to direct the end -of -service rewards for their employees to licensed funds from the Securities and Commodities Authority subject to the organization of both the Authority and the Ministry of Human Resources and Emiratisation.
These funds, which are run by “Lunite”, allow employees to obtain possible investment returns upon their service, and aim to provide a safe financial environment for their future.
According to the Memorandum of Understanding, the International Holding Company will discuss the possibility of “Al -Ghaf’s” services to be comprehensive for its employees and employees of its subsidiaries.

The “IHC” is the most valuable Holding Company in the Middle East and one of the largest investment companies in the world, as it includes more than 1,000 companies in major sectors that include technology, health care, financial services and real estate.

The “Al -Ghaf Mazeen” system will provide the ability to choose from six investment funds that include traditional investment strategies and strategies compatible with Islamic law, in line with risk levels that are commensurate with the preferences of participating individuals.

These funds cover protected capital options, caution, and balanced, and future employees and employers will be able to add fixed voluntary contributions.
Sayed Bosra Shuaib, CEO of the International Holding Company, said that the company is committed to adopting effective solutions that improve the lives of employees and enhance their stability and financial security, pointing out that cooperation with the color company and the Ghaf’s advantages system comes in line with the global Holding Company’s vision to provide a work environment focusing on financial empowerment for employees in the long run.

He explained that the aim of researching joining this system is to provide the company’s employees and companies affiliated with its wallet with an organized and safe framework for the benefits to support their financial goals, and contributes to enhancing the leading global position of the UAE in providing innovative solutions to the work forces.
For his part, Saif Fikry, the administrative partner of the company “Lunite”, stressed the importance of signing the memorandum of understanding with the global holding company, which seeks to provide its employees with rewarding solutions for end -of -service bonuses, which reflects the strength of the IHC advantages system and IHC’s commitment to sponsoring and supporting its employees.

He added that these efforts fall within the framework of the common vision between the two companies to enhance the flexibility of employees in the UAE and support their aspirations to build a promising financial future on solid foundations.

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