Page 25 - AAE PR REPORT - March 2024_Neat

Press Release

Al Ansari Exchange contributes AED 5 million to Mothers’

Endowment campaign

March 31, 2024: Al Ansari Financial Services PJSC [DFM: ALANSARI], (the “Group”), one of

the leading integrated financial services groups in the UAE, has contributed AED 5 million
towards the Mothers’ Endowment campaign, boosting efforts to improve educational opportunities

for communities worldwide. The contribution is indicative of the company's commitment to
supporting sustainable development and uplifting underprivileged communities, thereby shaping

a promising future for generations to come.

The campaign, which was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum,

Vice President and Prime Minister of the UAE, and Ruler of Dubai, to honour mothers by creating
an endowment fund with AED 1 billion to support the education of people worldwide. The

Mothers' Endowment campaign, which coincides with the holy month of Ramadan, allows people

to honour their mothers by making significant donations in their name. It also seeks to assist
struggling communities by improving education at all levels, giving them the opportunity to

develop their skills, enhance quality of life, and prepare themselves for the job market.

Rashid Al Ansari, Group CEO of Al Ansari Financial Services, stated “Our support to the
campaign reiterates Al Ansari Financial Services’ commitment to supporting communities and

shaping transformative opportunities across the globe. We believe that collaborative efforts are

important for fostering positive societal change and empowering communities to drive growth and
long-term stability. We take this opportunity to express our sincere gratitude to His Highness

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and
Ruler of Dubai, and the organisers of the Mothers’ Endowment campaign, for their incredible

efforts in uplifting the community.”

The Mothers’ Endowment campaign is organised by the Mohammed bin Rashid Al Maktoum

Global Initiatives, the largest foundation in the region dedicated to humanitarian and development