NBAD donates $4m to charities in UAE
Abu Dhabi, July 30, 2013
The National Bank of Abu Dhabi (NBAD) has donated Dh15 million ($4 million) to a number of charitable and humanitarian organisations in the UAE in support of “Zayed Day for Humanitarian Works”.
“NBAD is more than just a financial institution, the bank is committed to contribute to the well-being of communities and promote responsible corporate citizenship and responsibility,” said Abdulla MS Abdul Raheem, the group deputy chief executive.
“NBAD’s spirit of giving is inspired by the principles of the late Sheikh Zayed Bin Sultan Al Nahyan, the Founder of the UAE,” he said.
NBAD will donate to major charitable and humanitarian organizations such as Khalifa Bin Zayed Al Nahyan Foundation, UAE Red Crescent,The Sheikh Zayed Bin Sultan al Nahyan Charitable & Humanitarian Foundation, UAE Zakat Fund, Zayed Higher Organization for Humanitarian Care & Special Needs, and Faraj Fund.
Launched by the Cabinet of the UAE, the “Zayed Day for Humanitarian Works” is held in the memory of the late Sheikh Zayed Bin Sultan Al Nahyan, which falls on 19th Ramadan, to honour his work in laying down the foundations of charitable and humanitarian work in the UAE and abroad.
Additionally, NBAD also organised exhibitions featuring painting by special needs children, in collaboration with Rashid Paediatric Therapy Centre for Disabled Children, in NBAD’s main branches in Abu Dhabi and Dubai.
The paintings are displayed for sale and all revenues will support children with special needs. - TradeArabia News Service