Dubai, United Arab Emirates: The CEO of Al Ahli Holding Group, Mr. Mohamed Khammas, and Dr. Panos Manolopoulos, Vice Chairman Regions of Stanton Chase International signed a memorandum of understanding (MOU) yesterday in the offices of Al Ahli Holding in Dubai.
The MOU is aimed at building a genuine partnership and effective relationship between the two entities in order to support Arab youth in the areas of entrepreneurship and development, create new opportunities for excellence and build bridges between them and young people around the world. Stanton Chase International will support some of the existing Al Ahli Group initiatives (like the Global Business Opportunities Program), while both parties committed in developing new joint initiatives to further support the local youth and the development of young business leaders.
Commenting on this new partnership, Mr. Mohamed Khammas, CEO of Al Ahli Holding Group, said: "We are very pleased with this collaboration, Stanton Chase International is a highly reputed organization, and has well established connections in many countries. This will greatly expand the scope of our CSR division programs, and will help diversify the nationalities of the young people participating in our various initiatives."
Mr. Panos Manolopoulos, Vice Chairman Regions of Stanton Chase International said: "It is very important for us as an International organization to work on activating our corporate social responsibility role in the UAE and the region. Therefore, we are always looking for regional initiatives with pure CSR goals and objectives to contribute back to the society here. Today, we are delighted to have signed this MOU with Al Ahli Holding Group - one of the most active in the region in CSR initiatives, and are looking forward to having a fruitful relationship where both firms can work on youth development programs that have tangible results."
It should be noted that Al Ahli Holding Group works already on a number of initiatives via its own Corporate Social Responsibility division focusing on the development, support and empowerment of Arab youth and on the dissemination of thought leadership in the region through different internship and fellowship programs.
Al Ahli Holding Group is a multi-disciplined national company with a diverse portfolio of activities ranging from real estate to turnkey construction, engineering products and factories, shopping malls and retail, cement, printing, plastic manufacturing, theme parks and strategic and innovative developments - a total of 20 diverse and growing businesses. The group's latest mixed use development is the $1bn Dubai Outlet City.
Stanton Chase International (www.stantonchase.com) is a specialized global executive consultancy firm of first choice to multinational companies, offering executive search services globally, along with market intelligence, compensation advice, competitive data, market benchmarks, leadership assessment and mentoring, combining international expertise with regional knowledge and local insight. Today, it operates with truly integrated resources of over 70 offices in 44 countries. In recent surveys, Stanton Chase continues to be ranked among the top 10 international executive search firms by size, stature and reputation.
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© Press Release 2011
