Al Ansari Exchange Dedicates AED 50 Million to Support Ramadan Campaign launched by HH Sheikh Mohammed bin Rashid and Mohammed bin Rashid Al Maktoum Global Initiatives
21 Mar 2023
Al Ansari Exchange announced its contribution of AED 50 Million to support projects launched by Mohammed bin Rashid Al Maktoum Global Initiatives, including the 2023 Ramadan campaign launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, with the aim of establishing the largest Ramadan food aid endowment fund within a sustainable framework.
Coinciding with the holy month of Ramadan, the campaign aims to create sustainable solutions to fight hunger, eradicate its causes and limit its repercussions through clear programs and targeted processes to effectively support vulnerable groups.
Al Ansari Exchange pledged to contribute AED 50 million over a period of five years, to support which charity and humanitarian projects implemented by Mohammed bin Rashid Al Maktoum Global Initiatives around the world within five main pillars: Humanitarian Aid and Relief, Healthcare and Disease Control, Spreading Education and Knowledge, Innovation and Entrepreneurship, and Empowering Communities.
Values of Giving and Generosity
Mohamed Ali Al Ansari, Chairman of Al Ansari Exchange, said: “UAE leadership’s steadfast support of underprivileged populations through the launch of humanitarian initiatives is a reflection of the country’s long-held values of giving and generosity. Our contribution to Mohammed bin Rashid Global Initiatives, and this year’s Ramadan campaign in particular, is testament to our commitment to support every effort made by the UAE to support vulnerable groups everywhere.
“Charity efforts in the UAE garner wide support from all community groups as a testament to the spirit of solidarity among its people. This year’s Ramadan campaign will represent a major shift in the way we undertake humanitarian work, and will lead to a sustainable charity model,” he added.
Inspiring Humanitarian Initiatives
Rashed Ali Al Ansari, Group CEO of Al Ansari Exchange, said: “The UAE has always been a model of giving and generosity through inspiring humanitarian efforts that make a difference around the world. The 2023 Ramadan campaign offers a great opportunity for everyone to help alleviate the suffering of fellow humans, and provide a sustainable food safety net for millions of underprivileged individuals around the world.
“We are honored to support Mohammed bin Rashid Al Maktoum Global Initiatives, which aligns with our commitment to support humanitarian and charity efforts inside and outside the UAE, especially given the increasing number of people affected by hunger while the world continues to face mounting challenges due to wars, natural disasters and climate change.”
Al Ansari Exchange has been an active participant in humanitarian work as it has contributed to the “10 Million Meals” campaign and “100 Million Meals” campaign, in addition to the company’s financial contribution to the “1 Billion Meals” campaign in 2022.