Ajman-UAE: Ajman University (AU) and the Emirates Islamic Bank have reached an agreement whereby the later contributed Dh200,000 in support to the students of low-income families.

The pact, inked in the presence of Sheikh Rashid bin Humaid Al Nuaimi, Deputy Chairman of AU Board of Trustees, AU Chancellor, Dr Karim Seghir, and Salah Mohammed Amin, CEO Emirates Islamic, is aimed to help students with financial challenges continue their study and secure a proper position.

The amount contributed followed a study of the cases of the AU students referred to the Bank for not being able to pay out their tuition fees and study charges so that they can finish their study, and have a better future.

Sheikh Rashid bin Humaid Al Nuaimi said the memo is in line with Ajman University tireless effort to boost strategic partnerships with all entities nationwide in support of education and community development.

“We spare no effort to boost cooperation with all concerned and meet the set strategic objective of having a developed and modern emirate where people lead a decent and prosperous life.”

-Ends-

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.