Dubai Chambers, CDA sign MoU to share knowledge and align CSR efforts
Agreement will work together to mobilise private companies to lead CSR effort and boost social impact.
- Lootah: We are joining forces with the Community Development Authority in Dubai to expand the role of CSR in the business community.
- Julfar: The joint work will enhance spreading the culture of social responsibility and directing the efforts of corporate initiatives in the right direction
Dubai, UAE: Dubai Chambers has signed a memorandum of understanding (MoU) with the Community Development Authority (CDA), which will see the two entities share knowledge and align efforts in the area of corporate social responsibility, in addition to mobilising private sector companies to boost their social impact.
The MoU was signed by Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers, and H.E. Ahmad Abdul Kareem Jalfar, Director General of Community Development Authority (CDA).
The agreement aims to involve the business community to play a bigger role in CSR efforts that meet the needs of society and support sustainable social development.
Mohammad Ali Rashed Lootah noted that the agreement supports Dubai Chambers’ commitment to coordinating efforts in promoting a culture of CSR within Dubai’s business community in line with the vision of our wise leadership to drive the emirate’s sustainable development.
He stressed the importance of integrating social responsibility as part of corporate strategies and cultures, adding Dubai Chambers continues to raise awareness of the business benefits of CSR, as well as best practices in this area.
H.E. Ahmad Abdul Kareem Jalfar said: “We are pleased to cooperate with the Dubai Chambers to consolidate a culture of social responsibility among private sector institutions operating in the emirate and to develop regulatory frameworks that facilitate the contribution of these companies to support the wheel of sustainable development in Dubai. We expect this cooperation to enhance spreading the culture of social responsibility and directing the efforts of companies’ initiatives in the right direction that is in the interest of the members of community.
Collaborating with the Dubai Chambers allows us to reach a large and important sector of Dubai community key players in sustainability, and increasing the awareness of CDA services and programs, such as Dubai Volunteer Program, in which success development are strongly linked to partnership with voluntary bodies”, he added.
The MoU identified several areas of cooperation between Dubai Chambers and the CDA, including exchange of experiences in the field of social responsibility, encouraging continuous learning, and proposing solutions to current and future challenges, CDA support to corporate volunteering initiatives led by Dubai Chambers, in addition to proposing joint awareness plans and programs to strengthen the role of companies in promoting CSR.
Other News
Mohammad Ali Rashed Lootah: “The success of family businesses boosts economic activity and contributes to achieving the goals of the Dubai Economic Agenda (D33).” The ‘Corporate Governance Guidelines for Family Businesses’ toolkit focuses on governance structures, governance frameworks, and key regulatory guidelines for family businesses. Dubai, UAE – The Dubai…
Read more
Mohammad Ali Rashed Lootah: “Engaging with Business Groups and Councils helps to ensure the interests of all economic sectors are addressed, contributing to a dynamic investment environment that unlocks opportunities in diverse areas.” The chamber is committed to enhancing cooperation and building effective partnerships between the public and private sectors…
Read more
A total of 1,118 ATA Carnets were issued and received during the first two months of 2024 for goods with a value of AED 695 million. Mohammad Ali Rashed Lootah: “ATA Carnets enhance Dubai’s economic flexibility and boost the growth of various business sectors, especially in terms of simplifying customs…
Read more
Mohammad Ali Rashed Lootah: “We are keen to enhance the digital and operational readiness of Dubai-based companies to keep pace with the evolving requirements of the ecommerce sector.” Ecommerce is expected to generate revenue of more than US$ 6.7 billion in the UAE during 2024. Dubai, UAE – Dubai Chamber…
Read more
Mohammad Ali Rashed Lootah: “During the past year, Dubai has consistently attracted foreign direct investment from many different nations and sectors, underlining the diversity of the emirate’s business environment and its broad economic appeal.” “The remarkable increase in the diversity of nationalities represented among the owners of member companies reflects…
Read more