In line with the decision of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE President, declaring the year 2017 as the ‘The Year of Giving’ and the Global Vision for Endowment adopted by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai, Gulf Capital has announced the allocation of a sustainable endowment support for environmental programmes at the Emirates Wildlife Society-WWF in cooperation with Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC).
As a result, Gulf Capital has received the Dubai Endowment Sign from Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), one of Mohammed Bin Rashid global initiatives in recognition of its community contribution as a role model for the private sector institutions.
According to the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, the Dubai Endowment Sign of private institutions grants privilege for procurement and contracts in the Government of Dubai.
Dr Karim El Solh, co-Founder and Chief Executive Officer of Gulf Capital, said: "The Environmental Endowment Initiative demonstrates the UAE’s commitment to long-term sustainability and its innovative approach of partnering with the private sector to implement the country’s vision. This innovative initiative offers private institutions like Gulf Capital the opportunity to support the vision of the ‘Year of Giving’, launched by His Highness the President of the UAE, as well as the Global Vision of Endowment launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai.”
Laila Mostafa Abdullatif, Director General of the Emirates Wildlife Society-WWF said: " EWS-WWF has been working with organisations across the UAE to inspire, support and further the understanding of environmental conservation. We partner with government, businesses and civil society across multiple long-term conservation initiatives designed to protect the UAE’s natural heritage - our climate, seas, land and the biodiversity that lives within it - for the benefit of this and future generations. We are proud to have a permanent cooperation with Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), we jointly offer a first of its kind endowment to support environment to our partners. Today, we welcome Gulf Capital as our partner and look forward to working together to make a positive difference. "
The Endowment Initiative is in line with the Global Vision for Endowment adopted by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai, to revive the endowment culture through innovative applications. Institutions and companies wishing to participate in the Environmental Endowment can communicate directly with Emirates Wildlife Society to participate in this innovative initiative and obtain the Dubai Endowment Sign.
Commenting on this, Dr Hamad Al Hammady, Secretary General of the Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), said: " Through innovative endowment initiatives within the centre, we always aim at adopting ideas that add something new to the community and serve the real needs in all fields. The participation of Gulf Capital is a result of the institution’s real awareness of the importance of serving the community through real awareness programmes for the environment. This is not the first participation in the Environmental Endowment Initiative, as many institutions from the public and private sectors have participated, which comes in line with the “Year of Giving” declared by His Highness Sheikh Khalifa Bin Zayed Al Nahyan, and the objectives of the Global Vision for Endowment adopted by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai. We have to search constantly for developmental needs that the innovative endowment can support. Today, with the environmental endowment of the Gulf Capital, we are looking forward to being a role model for the rest of the private institutions to serve the community through the Innovative Endowment.”
The Secretary General of the Centre said that the website - www.MBRgcec.ae is ready to receive inquiries from all interested individuals and organizations wishing to obtain the Dubai Endowment Sign.
The Centre will also provide the necessary consulting to public and private institutions in promoting community contribution by the Dubai Endowment Sign, which helps build a range of community services that address the most important needs of the community through the active participation of institutions.