Media-Center

Dubai, 20 January 2019: UAE Exchange, a renowned financial services brand in the United Arab Emirates, has contributed AED 1 million to Dubai Cares, part of the Mohammed bin Rashid Al Maktoum Global Initiatives, for its programme that aims to promote Science, Technology, Engineering, and Mathematics (STEM) education among girls in Uganda.

The contribution is part of UAE Exchange’s AED 10 million commitment, announced in 2017, towards supporting the Dubai Cares mission to transform the lives of underprivileged children and young people in developing countries through education.

UAE Exchange Contributed 1 Million AED

Promoth Manghat, Executive Director and CEO at Finablr and Group CEO at UAE Exchange, said, "We are proud to take our partnership with Dubai Cares a step ahead by supporting the promotion of STEM education among girls in Uganda. This programme which is aligned to UAE Exchange’s agenda of creating positive change for underserved communities around the world will enable girl pupils to pursue opportunities in fields related to Science and Technology. As a corporate citizen, we are committed to create opportunities and avenues for communities to overcome gender disparities. We are confident that this initiative will make a positive difference for female students and the communities they represent."

Speaking on the occasion, His Excellency Tariq Mohamed Al Gurg, CEO at Dubai Cares said, "UAE Exchange’s continuous support has been of great value to our mandate that aims to empower communities through the elimination of ignorance. They have set an example for corporations in the UAE with their track record of philanthropic giving and involvement in programs that benefit children and young people, regardless of their gender, nationality, race or religion. With this support and shared commitment to making a difference in communities, Dubai Cares will continue to play a key role in shaping the global education agenda."

The three-year programme of Dubai Cares, which concludes in December 2019, is focused on addressing gender disparities and barriers faced by girls in STEM education. The programme aims to improve teaching and learning practices by advancing pedagogical methodologies utilized in mathematics, science, engineering and technology learning. It features STEM competitions to encourage curiosity among girl pupils and develop their interest in science-based career fields. The programme also lays emphasis on developing a stronger relationship between theoretical knowledge and practical applications.

UAE Exchange, along with its employees and customers, have also been participating in various volunteering and community engagement initiatives organised by Dubai Cares over the years.