United Arab Emirates- Dubai: Abraaj Capital, as the largest private equity firm in the region follows new practices which would compete with the practices from the other regions of the world like Regional banks and financial entities in order to lead the new approach of responsibility that matches with the requirements of the community.
Dr. Fatih Mehmet GUL is the Founding Director of CSR Middle East and Country Manager for Abdul Latif Jameel Community Initiatives said: "Abraaj Capital, as the largest private equity firm in the region, believes fundamentally that they have a responsibility and duty to engage all of its forces and strengths behind the creation of vibrant economies.
"The new approach leads Abraaj Capital to the simple logic that they are not just a company of 150 employees, but rather, their actions at any given point in time are responsible for the welfare of 30,000 to 50,000 employees and their families. They understood early that engagement with social issues, engagement with communication channels, engagement with governments and legislators and engagement with academic institutions and seats of learning would enable them to execute the vision of a private equity firm that could have a formidable multiplier effect deep into communities of all sorts through its holdings and partnerships". He added
It's worth mentioning that Abraaj Capital as in their activities always leads an innovative approach and brings similar approach to the corporate social responsibility (CSR) and sustainability activities. That technical approach and social initiatives will not only provide benefits to the regional communities, it will be also an important contribution to the regional business styles.
For More information please contact:
Lina husri
PR Zone
0502803580
lina.h@przone.ae
© Press Release 2012
