Abu Dhabi: Sandooq Al Watan, a national initiative supporting development projects, has received Dh11 million in contributions.
Around Dh10 million of the DhD11 million was donated by an Emirati businessman and philanthropist while Dh1 million was donated by Ali Mohammad Al Beloushi, chairman of Ghantoot Group.
The new donors’ names will be added to Sandooq Al Watan’s Prime Funders list, which is compiling the names of contributors — individuals and institutions – till the end of the Year of Giving 2017.
This aims to entice the broader business sector to come on board and help the fund achieve its goals stated in the Sandooq Al Watan 2020 strategy.
“Sandooq Al Watan offers a platform for businessmen and all those looking to do some charity work, allowing them to put their money and effort into nation-wide development projects,” Al Beloushi said.
The board of directors at Sandooq Al Watan expressed its gratitude for the generous contributions of Emiratis, who are supporting the development, advancement and economic diversification of the UAE.
The board called on the broader business sector to contribute to building the sustainable knowledge economy.
Sandooq Al Watan’s agenda includes ambitious initiatives that aim to empower a generation of young innovators across various sectors and segments, all in an effort to cement the UAE’s position among the world’s 20 most innovative countries in the world.
