Dubai: Buimerc Corporation Ltd. rang the market opening bell to mark its support of the Fathers’ Endowment campaign, in the presence of Hamed Ali, CEO of Dubai Financial Market and Nasdaq Dubai, as well as representatives from the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), organisers of the campaign.
According to Emirates News Agency, the campaign, which coincides with Ramadan, aims to honor fathers in the UAE by establishing a sustainable endowment fund that provides treatment and healthcare for the poor and needy. The initiative underscores the importance of paying tribute to fathers while advancing healthcare services for underserved communities.
Imtiaz Developments announced plans to develop a AED20 million endowment building in Dubai, supporting the Fathers’ Endowment campaign. Revenues from this building will be directed towards the campaign’s objectives of enhancing healthcare in underserved regions. This includes the development of hospitals, provision of essential medical equipment
and medications, expansion of capacity, and upgrading of operating rooms. These efforts aim to create sustainable opportunities to improve the quality of life for those in need.
The Fathers’ Endowment campaign, operating under the Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), allows individuals to donate in the name of their fathers. The campaign seeks to reinforce values of honoring parents, compassion, and solidarity while strengthening the UAE’s leadership in charitable and humanitarian work. It also aims to promote the noble values for which the UAE community is known, particularly generosity and a deep sense of global humanitarian solidarity, further establishing the concept of charitable endowments.
