Gulf Today

UAE Exchange, Emirates Airline to support needy

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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.”

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