MENACORP sponsors Iftar hosted by Zayed Higher Organization for Humanitarian Care and Special Needs

MENACORP sponsors Iftar hosted by Zayed Higher Organization for Humanitarian Care and Special Needs

As a Silver Sponsor, company extends support to handicap people in line with its CSR program 

July 23, 2014 - MENACORP, the UAE’s leading investment bank, recently commemorated the Holy Month of Ramadan by sponsoring an Iftar organized by the Zayed Higher Organization for Humanitarian Care and Special Needs (ZHO), a charitable umbrella for all the humanitarian bodies in Abu Dhabi, on July 17, 2014 at the Al Ain Club for Disabled, the first sports club in Abu Dhabi to arrange sports activities and championships for individuals with special needs. As the Silver Sponsor of the Iftar gathering, MENACORP aims to increase its support for the people with special needs and encourage them to become active and productive members of the society.

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Several dignitaries and senior representatives from sponsoring public and private sector companies attended the Iftar, which included Mohammed Fadel Al Hamili, General Manager of Zayed Higher Organization, Ismael Al Maraziq, General Manager of Al Ain Club for Disabled, Sanid program for the youth volunteers, in addition to sponsors from the public audience. MENACORP was represented by Mohammad Al Kilani, Head of Trading, and in Charge of Abu Dhabi Securities Exchange Office, who reiterated his support for individuals with disability and the needs to empower them with training and workshops to triumph over their physical impediments.

Fathi Ben Grira, Chief Executive Officer, MENACORP, said: “As part of its well-defined CSR agenda, MENACORP actively supports various charitable causes and social works in the UAE with a goal to make a valuable contribution towards community development. The Holy Month of Ramadan is a special time for giving and sharing, and sponsoring the Iftar hosted by the Zayed Higher Organization for Humanitarian Care and Special Needs is an ideal way to uphold the true spirit of Islam and is also part of our CSR activities. We commend the exemplary work conducted by ZHO to facilitate people with special needs with equal opportunities to overcome their handicaps and utilize their skills and talents to contribute towards their community’s progress. We promise to extend our cooperation to ZHO in all their noble causes in the future.”

ZHO was established in 2009 with an aim to align and consolidate the efforts made in the field of special needs care and as per the directives of the late Sheikh Zayed Bin Sultan Al Nahyan. Run by the Board of Directors, it enjoys full financial and administrative independence. With 12 centers for special needs and humanitarian care across Abu Dhabi, ZHO provides a range of integrated services, including training and education, vocational and therapeutic rehabilitation, psychological care, family counseling and supporting education and sport activities, to rehabilitate disabled people.

Al Ain Sports Club for Special Needs offers services for 87 students with different categories of disability such as hearing impairment, visual impairment, and cognitive intellectual. The club members have participated and succeeded in many great achievements, having won gold, silver and bronze medals, at local, Gulf, Arab and international championships.

MENACORP is an award-winning investment bank that aims to emerge as a premier financial services group for the MENA markets. Guided by its philosophy of ‘Values Creating Value,’ MENACORP’s business lines include Investment Banking, Securities Brokerage, Asset Management, Financial Research, and Shariah-compliant Financial Solutions.

About MENACORP:

MENACORP is an Abu Dhabi –based award-winning investment bank authorized and regulated by the UAE’s Securities and Commodities Authority and the Dubai Financial Services Authority. Its extensive expertise covers financial advisory, brokerage, asset management and financial research provided across the Middle East and North Africa (MENA) region. MENACORP is backed by one of the largest and most diversified Emirati conglomerates, the Bin Hamoodah Group – the company’s main shareholder.