Al Ansari Exchange signs AED 10 million cooperation agreement with UAE Red Crescent Authority
25 Aug 2011
Al Ansari Exchange, the UAE’s largest network exchange house that provides worldwide remittance and foreign exchange services, has recently signed a cooperation agreement with the UAE Red Crescent Authority, the country’s leading humanitarian initiative. Under the terms of the agreement, Al Ansari Exchange pledges to donate AED 1 million annually in support of Red Crescent charities and undertakings within the country and abroad. The donation is part of Al Ansari Exchange’s 10-year plan to support needy families, orphans and special needs.
The donation, which is part of the company’s Corporate Social Responsibility (CSR) policy, reflects Al Ansari Exchange’s commitment to extend its unwavering support to various charitable and humanitarian initiatives. It is also considered one of the important initiatives adopted by the company, which has also donated more than AED 7 million for the construction and set up of ‘Shoukah Medical Centre’ in Ras Al Khaimah. Al Ansari Exchange is also active in supporting rescue and natural disaster causes all over the world.
“We are always ready to extend continuous assistance and support to key charitable activities in the UAE and the rest of the world,” said Mohammad Ali Al Ansari, Managing Director, Al Ansari Exchange. “This initiative is part of the company’s commitment to bring positive change in society by financially supporting needy families, special needs and orphans through the UAE Red Crescent Authority. We would like to emphasize our strong commitment to continue our series of social initiatives and programs throughout the year to achieve our desired goals and promote our social responsibilities.”