COMMERCIAL NEWS

Dubai Investments has signed a memorandum of understanding (MoU) with Dubai Community Contributions Establishment - JOOD, an official Dubai based contribution entity established to enable and organise community contributions in line with the Dubai Social Agenda 33.

The MoU was signed between Dubai Investments and JOOD and the signing ceremony was attended by Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments; Mohammed Saeed Al Raqbani, Head of the Sustainability Committee at Dubai Investments and Marwan Rashed BinHashim, CEO of Dubai Community Contributions Establishment - JOOD. 

The MoU reflects a shared commitment to supporting verified social initiatives and strengthening community impact through structured, transparent and trusted contribution mechanisms, said a statement.

Under the agreement, Dubai Investments will collaborate with JOOD to support community focused initiatives across key impact pillars, including healthcare, housing, education, sports, culture & arts and the environment. The partnership aligns with Dubai Investments’ broader approach to responsible corporate engagement and meaningful social contribution.

Mohammed Saeed Al Raqbani, Head of the Sustainability Committee at Dubai Investments, said: “This partnership with JOOD reflects Dubai Investments’ commitment to contributing to long term social value through structured, transparent and purpose driven engagement. By aligning with a unified platform that channels contributions toward verified initiatives, the Group aims to support outcomes that are both impactful and sustainable, while reinforcing Dubai Investments role as a responsible corporate organisation aligned with Dubai’s broader social and development priorities.”

The partnership builds on Dubai Investments’ broader sustainability and ESG framework, which guides the group’s approach to responsible business practices, social contribution and long term value creation. Through its sustainability agenda, Dubai Investments continues to support initiatives that contribute to inclusive community development and measurable social impact, aligned with national priorities and global best practices.

Marwan Rashed BinHashim, CEO of Dubai Community Contributions Establishment - JOOD, added: “This partnership reflects our shared vision of strengthening a culture of giving across Dubai through structured, transparent, and impactful contribution channels. At JOOD, we are committed to enabling individuals and Corporates to contribute with confidence, ensuring that every contribution reaches verified initiatives and creates measurable, long-term impact. Together with Dubai Investments, we aim to expand opportunities for community engagement and support initiatives that align with Dubai Social Agenda 33, reinforcing our collective role in building a more connected and empowered society.” – TradeArabia News Service

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