Abu Dhabi: Aldar Properties (“Aldar”) today announced that its employees are contributing AED 1 million to the ‘Together We Are Good’ programme launched by The Authority of Social Contribution – Ma’an. The campaign is designed to encourage financial and in-kind contributions from individuals and companies to support the community and promote social responsibility.

‘Together We Are Good’ is the first project of Ma’an’s recently launched ‘Social Fund’, the official government channel to receive contributions from the community to tackle pressing social challenges. The programme directs contributions according to priorities and in cooperation with relevant partners, with priority given to medical and educational aid and food supplies.

Commenting on the contribution, Talal Al Dhiyebi, CEO of Aldar, said: “Social responsibility sits at the core of what we do in Aldar. It does not only guide the way we do business, but also how we operate and cooperate as a responsible organisation. Through this initiative, Aldar’s diverse family made up of 40 nationalities is demonstrating commitment, dedication and full support of the outstanding efforts undertaken by the UAE Government, public and health authorities, and entities like Ma’an.

“It is in such circumstances that joint and collaborative efforts make the strongest impact to overcome all challenges, and the overwhelming response that this programme is receiving is true testament to this. On behalf of Aldar, I would like to express pride in the values of giving and solidarity that our employees are showing, and reemphasise that we remain committed to supporting Ma’an in helping create a positive impact on our economy, community and people.”  

Earlier this month, Ma’an and Aldar signed a strategic agreement that will see both organisations address priority social challenges through social contracting. Aldar will invest AED 2 million, a demonstration of their commitment to the programme. As part of the agreement, Aldar and Ma’an will work together to build the first Social Impact Bond in the GCC – an innovative way to finance the delivery of public services.

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For further information, please contact:

Media
Nick Farmer
Aldar Properties
+971 2 810 5555

Joudi Issa / John Greenway
Brunswick
+971 2 234 4600
ALDAR@brunswickgroup.com

About Aldar

Aldar Properties PJSC is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.

From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate.

Aldar develops exciting and innovative projects, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.

Aldar’s shares are traded on the Abu Dhabi Securities Exchange (Stock quote: ALDAR:UH), and is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders.

Aldar seeks to create quality, comfortable, desirable destinations that enrich the lives of Abu Dhabi residents as well as tourists within the Emirate. Aldar is playing a leading role in the development and provision of world class retail - Yas Mall, international standard education through Aldar Academies, iconic entertainment venues such as the Yas Marina Circuit, and community amenities across its entire portfolio.

Aldar is driven by a vision to be the most trusted and recognized real estate lifestyle developer in Abu Dhabi and beyond.

For more information on Aldar please visit www.aldar.com 

© Press Release 2020

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