Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Firms flayed for failing to back social causes  Join our daily free Newsletter

MENAFN - Khaleej Times - 02/07/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Fnc member suggested forming a donors club to identify the donations given by companies in serving the uae in humanitarian initiatives

Many corporates are not taking part in the social initiatives the uae undertakes the latest one being the uae water aid campaign launched by his highness shaikh mohammed bin rashid al maktoum vice-president and prime minister of the uae and ruler of dubai say federal national council (fnc) members.“it is important for these companies to participate in such initiatives which enable them to give back to society in exchange for the infrastructure and security accorded to them by the country” said ahmed al jarwan speaker of the arab parliament and fnc member.Companies which do not participate in such initiatives should be contacted by the chamber of commerce and the ministry of economy he said.This move according to him will help the companies be in the loop about the various social activities launched by the country.Al jarwan suggested forming a ‘donors’ club’ to identify the donations given by companies in serving the uae in humanitarian initiatives.Ahmed abdul malik ahli another fnc member said some traders donate on a personal basis and not in the name of their companies. many companies he said “regrettably” don’t play any humanitarian role in society.“ramadan is a holy month and people and companies alike should contribute to social initiatives” he said.Ahli proposed that there should be incentives for companies to contribute to society.“they could for instance get some concessions if they participate in a humanitarian initiative.”Al jarwan said the media should help to put the spotlight on companies which support humanitarian causes. he said such companies should be considered as priority when tenders for government contracts are awarded.Ali esa al nuaimi another fnc member said the uae government does not forget the citizens and entities which help in developing it. he also pointed to the importance of an ‘incentive law’ for donor companies.Huda al mohair chairperson of the support committee at the emirates human rights association said when asked to extend financial support to the association some companies do not respond.“these companies depend on personal acquaintances to provide support from the budget they make available for society which is limited.”Malzaroonikhaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Oct 23 2014 - UAE's Mazaya net profit hits USD in 9MMENAFN
(MENAFN) Al Mazaya Holding Company announced that it recorded a net profit of USD20 million in the January-September period of this year, compared to USD 2.920 million recorded during the ...

 Oct 23 2014 - Saudi Arabia's ACWA to focus on renewable energy projectsMENAFN
(MENAFN) ACWA Power, the Saudi Arabia-based power and water project developer, announced it is planning to secure financing for USD15 billion worth of projects, nearly half of which are in renewable ...

 Oct 23 2014 - UAE's Masdar to build USD125m wind farm in OmanMENAFN
(MENAFN) Masdar, the Abu Dhabi energy company, announced it is planning to build a 50-megawatt wind farm in Oman, which will help the sultanate with providing 16.000 homes with clean energy, Arab ...

 Oct 23 2014 - UAE's Deyaar net profit hits USD52.54m in 9MMENAFN
(MENAFN) Deyaar Development announced it registered a net profit of USD52.54 million during the January-September period, compared to USD23.72 million registered during the corresponding period last ...

 Oct 23 2014 - Saudi Aramco, Chinese Sepco sign a dealMENAFN
(MENAFN) Saudi Aramco announced it has signed a contract with China's Shandong Electric Power Construction Corporation (Sepco) for a project involving the expanding of the capacity of the main gas ...

 Oct 23 2014 - Qatar Airways to launch new service to BangkokMENAFN
(MENAFN) Qatar Airways announced it will be launching a new service on its new A380 aircraft to Bangkok starting next January following its successful launch of the service to London's Heathrow ...

 Oct 23 2014 - 18m vehicles likely on Saudi roads by year-endArab News
(MENAFN - Arab News) Eighteen million licensed vehicles are likely to be on Saudi roads by the end of this year from 17 million last year according to a study published by Al-Eqtisadiah daily. The ...

 Oct 23 2014 - Qatar Digital Library launchedThe Peninsula
(MENAFN - The Peninsula) Over half a million pages of archives and manuscripts on the history of Qatar and the Gulf and Arab Islamic sciences are available free online with the launch of Qatar ...

 Oct 23 2014 - Qatar- Deals with Turkey agencies to educate Syrian refugeesThe Peninsula
(MENAFN - The Peninsula) H H Sheikha Moza bint Nasser, Chairperson, Education Above All, yesterday witnessed the signing of two memorandums of understanding between EAA and two Turkish development ...

 Oct 22 2014 - Saudi- Pak expats recall soldiers' braveryArab News
(MENAFN - Arab News) Mavra a Riyadh-based women's literary and cultural organization celebrated Pakistan Defense Day aimed at paying tribute to the country's armed forces.In the first part of the ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help