Media ININ Economy We Trust
Media In – Abu Dhabi 26 May 2018 / WAM /
Al Watan Fund today announced that it has received new contributions amounting to AED 25 million as a result of a group of businessmen and companies in the country renewing their support to the Fund.
The contributions included the Oasis Group, which renewed its support to the Fund by providing AED 3.5 million for a total of AED 13.5 million.
Bin Ali and Sons Group renewed their support with a new contribution of 3 million dirhams to a total of 8 million dirhams. Al Rostamani Group also made a contribution of AED 3 million to a total of AED 6 million. AED.
The Fund also received new individual contributions and contributions from a group of philanthropists with a value of AED 10 million.
The Board of Directors of Al Watan Fund expressed its appreciation for these contributions which reflect the keenness of the business community to contribute effectively to the development process and to carry out its responsibilities towards the community by enabling Al Watan Fund to achieve its strategic objectives in the long term.
Al Watan Fund is working to implement innovative projects and initiatives that will enable the creative talents to contribute to building the future economy based on knowledge and research and development by providing support to innovators to help them realize their ambitions and transform their innovations into projects that benefit the UAE society and contribute to the development process.
Al Watan Fund seeks to promote development and involve the business community and the private sector to provide an ideal environment that stimulates talent to enhance the value of giving and giving. It also reflects the depth of the relationship between the categories of UAE society members and the cohesion between their sectors.
