Abu Dhabi National Insurance Company (ADNIC) donated AED4 million to Sandooq Al Watan, along with complimentary insurance policy services to support the fund's strategic purposes, throughout a meeting held today (Wednesday, April 18, 2017) at the company's headquarters.
The donation concerns note the Year of Giving 2017 effort, introduced by His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, and to support Sandooq Al Watan's mentioned goals, which include developing a lasting knowledge economic climate and sustaining local abilities to innovate in the area of applied study.
The meeting was attended by Sheikh Mohammed bin Saif Al Nahyan, Chairman of Abu Dhabi National Insurance provider, and Lieutenant General Dhahi Khalfan Tamim, Commander-in-Chief of Dubai Authorities and Chairman of Sandooq Al Watan, in addition to high-level representatives from both sides. The events went over the fund's method and role in owning growth and motivating innovation to discover remedies for future challenges. Furthermore, they discovered areas where Abu Dhabi Insurer can add by using insurance coverage agreements for Sandooq Al Watan.
Sheikh Mohammed bin Saif Al Nahyan stated: "We are happy to be supporting Sandooq Al Watan, which enhances our assistance for the whole Year of Giving initiative, released by H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE. This contribution declares our dedication to social duty, where we purchase projects that benefit the public, encourage young skills to become the leaders of the future, and support the nation's ongoing advancement. We consider it our task, as firms and entrepreneurs, to support the UAE, and we invite various other organisations and people to do the same.".
Expressing gratefulness to Sheikh Mohammed bin Saif Al Nahyan and ADNIC for their contribution, Lt. Gen. Dhahi Khalfan Tamim kept in mind that Abu Dhabi National Insurer is the first insurance company to sustain Sandooq Al Watan in its efforts to offer a far better future for our coming generations. This shows ADNIC's leading duty in offering culture and in developing and expanding the insurance sector, Lt. Gen. Tamim proceeded, including: "With its contribution, ADNIC sets an instance to be adhered to by various other firms in the UAE. This highlights the role of the economic sector in sustaining nationwide campaigns that look for to show a favorable picture of the UAE internationally.".
Sandooq Al Watan's agenda mirrors the government's prepare for the post-oil age and the knowledge economy, which call for training a generation of innovators to place the UAE amongst the leading 20 nations globally in regards to innovation.
The fund seeks for to boost the local workforce and promote innovation in all areas. It likewise functions to accelerate the growth process and include the private sector in its efforts to encourage individuals to provide. This social campaign shows the communication between the various segments of UAE culture. It resonates with the vision of the nation's sensible leaders, who have asked for lasting growth to enhance people's lives and make sure a brilliant future for coming generations.