Page 161 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/25/24, 2:29 PM The National CSR Fund – Majra convenes fourth meeting of Board of Trustees for 2024-2026 term - Middle East Business News an…
The meeting was attended by H.E. Hessa Bint Essa Buhumaid, the Director General of the
Community Development Authority (CDA), and His Excellency Abdullah Al Saleh, the

Undersecretary of the Ministry of Economy and Vice Chairman of the Board of Trustees. Among
the esteemed attendees were H.E. Mubarak Al Nakhi, the Undersecretary of the Ministry of

Culture and Youth, and H.E. Aisha Ahmed Yousef, Acting Undersecretary of the Ministry of
Community Development, H.E. Dr. Maryam Al Suwaidi, CEO of the Securities and Commodities

Authority (SCA), and H.E. Hanan Ahli, Director of the Federal Competitiveness and Statistics
Centre, and H.E. Osama Amir Fadhel, Assistant Undersecretary for Industrial Accelerators

Sector at the Ministry of Industry and Advanced Technology (MOIAT). Additionally, were
present. The meeting also witnessed the attendance of H.E. Abdulaziz Khalid Al Jaziri, Deputy
CEO and Chief Operation Officer at Dubai Future Foundation, and H.E. Salama Al Amaimi,

Director General of the Family Care Authority, Ms. Mariam Al Qassab, Director of the Office of
the Chairman at Sharjah Book Authority, Community entrepreneur Ms. Bodour Al Raqbani and

Sarah Shaw, Director of the National CSR Fund – Majra.

Sarah Shaw, Director of the National CSR Fund – Majra, said: “This meeting represents a
significant milestone in Majra’s progress, further offering a place to discuss future strategies

and expand on its achievements in enhancing private sector contributions to social
development and sustainable action. We aspire to create new mechanisms and policies that
have the potential to inspire businesses to make a lasting social and environmental impact,

further advancing our nation’s goals.”

During the meeting, the Council members reviewed Majra’s financial reports along with an
update on the initiatives and projects carried out in the previous period.. In addition, the

“Impact Index” was launched to assess institutional performance in Environmental, Social, and
Governance (ESG) domains, as well as the sustainable development goals of the private sector

organisations in the country. Furthermore, over 80 prominent companies from the private
sector in the field of sustainability were recognised and honoured with the “Impact Seal”.

The Board of Trustees outlined a forward-looking vision for new goals to be achieved in the
coming years, focusing on the Majra Fund’s pivotal role in mobilizing private sector

contributions towards national development projects. They highlighted the importance of
increasing awareness campaigns on corporate social responsibility and sustainability initiatives,

particularly highlighting the UAE’s commitment to these practices and their application across
various projects and programs. A primary objective is to enhance understanding of the critical

need for the effective implementation of these initiatives across various projects and programs.

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