UAE Exchange, Emirates Airline to support needy
UAE Exchange has announced its collaboration with the Emirates Airline Foundation in support of the organisations’ shared commitment towards children in need. Through this unique collaboration, UAE Exchange will offer its expertise and resources to help Emirates Airline Foundation to manage and process donations made to the foundation by passengers of all Emirates Airline flights.
The announcement was made at the signing ceremony held at the Emirates Airline premises in Dubai.
The agreement was signed by Sir Tim Clark, Chairman of Emirates Airline Foundation, and Promoth Manghat, Executive Director and CEO at Finablr and Group CEO at UAE Exchange, in the presence of foundation’s board members and senior officials from UAE Exchange.
As part of the agreement, UAE Exchange will administer the foundation’s collected donations, received in different foreign currencies and denomination from Emirates Airline passengers globally and settle it in UAE Dirhams.
Commenting on the partnership, Manghat said, “We take great pride in our partnership with Emirates Airline Foundation as their work with children in underserved communities has truly helped transform the lives of many.
As a commited corporate citizen, we seek to give back to the global communities that have supported our growth and journey.
We look forward to working with the foundation as a key first-mile contributor in a value chain that aims to empower and help children in need around the world realise their full potential.”
In turn, Clark said, “As a non-profit charity organisation, the foundation welcomes the generous support of partners like UAE Exchange.
Their expertise and capabilities in processing cash donations and streamlining cash management will be a great help, ensuring that the foundation continues to keep administrative costs at a bare minimum, and that our resources remain focussed on helping to improve the lives of children in need.”