Al Ansari Exchange allocates AED 25 million to support the initiative

UAE, December 26, 2016 - In response to the declaration of 2017 as the ‘Year of Giving’ by H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has allocated AED 25 million to support charitable and humanitarian work in the upcoming year. The move reinforces the company’s desire to support the national efforts in positioning the UAE as a regional and global leader in the field of development and humanitarian aids in line with the UAE Vision 2021.

Mohammed Ali Al Ansari, Chairman and Managing Director, Al Ansari Exchange, said: “We are honored to support the ‘2017 as the Year of Giving’ initiative which embodies the directives of our wise leadership in making philanthropy a social practice. Undoubtedly, such a leading move is in line with the legacy of the late Sheikh Zayed bin Sultan Al Nahyan, who gave generous donations that have had the greatest impact in alleviating the suffering of people around the world. As we commit to our national and social responsibilities, we look forward to supporting charitable, humanitarian and relief projects with AED 25 million in 2017. Al Ansari Exchange is confident that such an effort will have a positive impact as well as enhance our contribution in serving the country and upholding the name of the UAE on the philanthropy map in the world.”