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Abu Dhabi all set to introduce GCC’s first social impact bond

Abu Dhabi / Emirates Business Abu Dhabi is to introduce the GCC’s first Social Impact Bond, an innovative and internationally recognised financial tool that raises private investment to support high-impact social programs, under the Authority for Social Contribution – Ma’an. Launching next year, Social Impact Bonds operate on a pay-for-success basis, whereby payment relies on a successful social outcome – ...

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‘Covenant for Million Tolerant’ registers one million participants

ABU DHABI / WAM The Zayed House for Islamic Culture (ZHIC), has registered one million participants in the “Covenant for Million Tolerant” e-initiative launched last April as part of the Year of Tolerance programmes, aimed at promoting the values of tolerance within the UAE community. According to statistics, visitors to the e-platform reached 1,300,000, of which 68 percent were males ...

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Khalifa Foundation offers AED5.5 million towards school supplies in Gaza

ABU DHABI / WAM The Khalifa bin Zayed Al Nahyan Foundation donated AED5.5 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), to implement its project to provide school supplies to Palestinian refugee students of the UNRWA Sheikh Khalifa bin Zayed Al Nahyan Elementary Boys and Elementary Co-Educational Schools in northern Gaza. ...

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