Abu Dhabi: A corporate social responsibility fund will be established in the UAE to promote the culture of social responsibility and implement
The fund will be set up as per Cabinet decision No. 2 for 2018 on corporate social responsibility (CSR), issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The fund aims to set
The fund, a federal administrative body affiliated to the Ministry of Economy, will set up a smart social responsibility platform that regulates and lists companies, beneficiaries and enterprises. “Social responsibility should be based on a purely voluntary basis
CSR practices involve
The CSR fund will annually announce the results, which will serve as a national index based on the percentage of contribution in projects and programmes. The fund will have a board of trustees chaired by a minister who will issue a decision on the setting up of the board, the number of its members and tenure.