Hazza bin Zayed receives a delegation from "Abu Dhabi Endowments" It is reviewed by efforts to develop and sustain the endowment sector in the Al Ain region
Al -Ain, March 7/ WAM/ His Highness Sheikh Hazza bin Zayed Al Nahyan, the representative of the ruler in the Al -Ain region, received today a delegation from the Endowments Authority and the Department of Power Funds, “Abu Dhabi Endowments”, headed by His Excellency Abdel Hamid Mohamed Saeed, Chairman of the Authority, in the Court of the Ruler’s Representative in Al Ain.
The meeting was attended by Sheikh Mohammed bin Hamdan bin Zayed Al Nahyan, His Excellency Fahda Abdul Qadir Al Qasim, Director General of the Authority, and a number of senior officials in the endowment sector.
During the meeting, His Highness reviewed the “Abu Dhabi Endowments” strategy, which aims to maximize the economic and social impact of endowments, by stimulating investment in endowment assets and directing them towards developing sustainable development initiatives and projects that contribute to achieving a positive impact, in a way that benefits members of society in various vital sectors, and enhances the role of “Abu Dhabi Endowments” in establishing the values and culture of giving and giving It is characterized by Emirati society, and this legacy is transferred to future generations.
His Highness Sheikh Hazza bin Zayed Al Nahyan emphasized that the wise leadership of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, may God protect him, attaches great attention to supporting the endowment sector, which effectively contributes to supporting comprehensive and sustainable social and economic development efforts, through the establishment of vital projects and the launch of community initiatives and qualitative plans that contribute to achieving development targets to continue to improve life.
For his part, His Excellency Abdel Hamid Mohamed Saeed explained that “Abu Dhabi Endowments” operates according to strategic goals that keep pace with His Highness the President of the State “may God protect him”, in 2025, “The Year of Society”, under the slogan “Hand in Hand”, where the authority seeks to achieve its targets by developing innovative investment strategies that achieve a balance between financial returns and societal impact, in line with national priorities and sustainable development goals.
His Excellency pointed out that the endowments, which have always been one of the most important tools of social and economic development in the UAE, have today become a major pillar to support charitable initiatives, by developing new models for sustainable investment that are in line with the best global practices.
For his part, His Excellency Fahd Abdel -Qader Al -Qasim affirmed that “Abu Dhabi Endowments” continues to work to attract more investments for the endowment sector, in a manner that ensures the achievement of sustainable returns used in financing community projects, promoting job opportunities, and supporting entrepreneurship in the Al Ain region.
His Excellency pointed out the importance of integrating endowments into urban development plans, allowing the exploitation of endowment lands in an innovative way that enhances economic development, and preserves the cultural and heritage identity of the Al Ain region, which is one of the leading areas in the societal endowment model.
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