logo
Majra - National CSR Fund reviews key community initiatives and approves new frameworks to enhance corporate social responsibility in UAE

Majra - National CSR Fund reviews key community initiatives and approves new frameworks to enhance corporate social responsibility in UAE

Zawya29-04-2025

H.E. Mubarak Al Nakhi: 'We seek to lay the groundwork for a more connected and impactful future through co-creation, verification, and recognition frameworks that align with national priorities and Sustainable Development Goals'
Meeting emphasised private sector engagement and the launch of new evaluation tools, including the Impact Index.
Dubai, MAJRA – National CSR Fund held its second Policies and Strategies Committee meeting for 2025 to explore ways to advance the UAE's sustainable development goals through enhanced cross-sector collaboration and the rollout of new tools and frameworks to drive national impact.
The meeting was Chaired by H.E Mubarak Al Nakhi, Undersecretary of the Ministry of Culture, and Head of the Policies and Strategies Committee, and attended by H.E. Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, and the Deputy of the Policies and Strategies Committee; Bedour Saeed Al Raqbani, Board Member of American University of Sharjah; H.E. Abdulaziz Al Jaziri, Deputy CEO of Dubai Future Foundation and Sarah Shaw, CEO of Majra – National CSR Fund.
The meeting reviewed key ongoing initiatives and approved several tools designed to streamline sustainable project qualification and verification processes. It also placed a major emphasis on increasing private sector engagement in the fund's initiatives, validating project assessment mechanisms, and introducing new initiatives such as the Impact Index. It also addressed the 'Transformational Projects Framework', which is being developed by the Emirati committees for social responsibility and sustainability, chaired by the chambers of commerce and industry in each emirate. The strategy formulated as a part of the Impact Retreat held in November 2024 was also reviewed, and strategic initiatives aligning with the UAE's vision to enhance social sustainability, were launched.
H.E. Mubarak Al Nakhi said, 'Inspired by the insightful vision of the UAE's wise leadership and in accordance with their forward-looking directives, we are creating a roadmap to build a more sustainable and prosperous future by strengthening the private sector's corporate social responsibility framework. We also hope to enhance sustainable impact and expand the participation of private sector institutions in light of global changes and best international practices, further building upon the achievements of Majra's key initiatives like 'Impact Seal', 'MAJRA Council', and 'Impact Index'.
Sarah Shaw, CEO of Majra, said: 'Majra is responsible for providing the necessary frameworks and enablers to enhance the contribution of the private sector in shaping the UAE's sustainable future, while embedding social responsibility and sustainable impact as cornerstones of the institutional work system. Furthermore, we remain steadfast in our efforts to establish a robust foundation for collaborations, and sustainable impact, by supporting the approved projects and activating the reference frameworks specified under the impact index.'
The committee further reviewed updates to the Sustainable Impact Challenge, including the integration of the Majra Entity Portal and the launch of new award categories within the challenge. These updates aim at expanding outreach and encouraging broader participation from businesses and organisations across the UAE in this challenge, which was launched during the fourth edition of Investopia 2025.
The meeting also reviewed the roadmap of the Impact Index, a national benchmarking tool designed to measure CSR, ESG, and sustainability performance in the private sector. It also facilitates data collection, in line with national and international frameworks, such as the SDGs, Dow Jones Sustainability Index, and MSCI. Currently, Majra is preparing the first report, set to be released in early 2026, in collaboration with the Federal Competitiveness and Statistics Centre, as well as other international organisations.
At the end of the meeting, committee members reaffirmed their commitment to advancing Majra's strategic vision by endorsing mechanisms that promote transparency, inclusivity, and long-term impact across all initiatives and programmes.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi approves AED4.62 billion housing package for over 3,000 Emiratis
Abu Dhabi approves AED4.62 billion housing package for over 3,000 Emiratis

Filipino Times

timea day ago

  • Filipino Times

Abu Dhabi approves AED4.62 billion housing package for over 3,000 Emiratis

A new AED4.62 billion housing package has been approved in Abu Dhabi to support 3,052 Emirati families with home loans and debt relief, under the directives of President Sheikh Mohamed bin Zayed Al Nahyan. The announcement comes just before Eid Al Adha and is part of the country's ongoing efforts to improve the lives of its citizens, especially in building stronger families and communities. Out of the total amount, AED4.4 billion will go to housing loans for 2,862 citizens, while AED212 million will cover loan exemptions for 190 low-income retirees and families of deceased citizens. This is the second housing aid released in 2025, raising the year's total housing benefits in Abu Dhabi to AED11.38 billion. The Abu Dhabi Housing Authority said the package is meant to provide better homes and reduce the financial burden on Emiratis, helping families live more comfortably and securely. Officials also highlighted earlier housing support efforts, including the AED250,000 community subsidy and the option to cut monthly loan payments by up to 50%.

Sheikh Khaled clears Dhs4.62b housing benefits for 3,052 citizens
Sheikh Khaled clears Dhs4.62b housing benefits for 3,052 citizens

Gulf Today

timea day ago

  • Gulf Today

Sheikh Khaled clears Dhs4.62b housing benefits for 3,052 citizens

Under the directives of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a housing benefits package worth Dhs4.62 billion, benefiting 3,052 Emirati citizens across the emirate. The approved housing benefits package includes housing loans amounting to Dhs4.4 billion benefiting 2,862 citizens, and exemptions from housing loan repayments totalling Dhs212 million benefiting 190 citizens, limited-income retirees and beneficiaries of deceased citizens. The disbursement of the second housing package of 2025 comes ahead of Eid Al Adha and reflects the leadership's ongoing commitment to comprehensive development, enhancing the well-being and stability of Emirati families, empowering them to actively contribute to the nation's progress, in line with UAE Year of Community objectives aimed at strengthening social cohesion and reinforcing community solidarity. This package brings the total housing benefits delivered to citizens in Abu Dhabi in 2025 to Dhs11.38 billion. Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, said, 'The new housing benefits package reflects the leadership's commitment to empowering citizens through the provision of quality housing that promotes family stability and elevates quality of life. On this occasion, we extend our heartfelt gratitude to President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, and to His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, for their enduring support to advance the housing sector and foster a thriving and cohesive society.' Hamad Hareb Al Muhairi, Director-General of Abu Dhabi Housing Authority, said, 'The second housing package of 2025 highlights the depth of our leadership's strategic vision to build a prosperous future, enhancing quality of life and providing sustainable housing solutions that meet Emirati citizens' needs and aspirations. 'The generous support from President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, and His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, reaffirms the leadership's steadfast commitment to fostering social and family stability and ensuring a fulfilling life for Emirati families.' The housing benefits package follows the recent endorsement of an additional community support subsidy of Dhs250,000 for existing beneficiaries of housing loans, including a reduction of up to 50 per cent in monthly loan instalments, and a wide range of other services and facilities. WAM

UAE tops region for most skilled workforce, says report
UAE tops region for most skilled workforce, says report

Al Etihad

time2 days ago

  • Al Etihad

UAE tops region for most skilled workforce, says report

6 June 2025 01:39 ISIDORA CIRIC (ABU DHABI)The UAE workforce is the most skilled in the Middle East and North Africa, according to Coursera's latest report. The country also leads the Arab world across all major categories, including business, technology, data skills, and AI maturity, positioning itself as the region's leading hub for digital readiness and Global Skills Report 2025, published by Coursera on Wednesday, draws from the learning activity of more than 170 million users worldwide and benchmarks performance across over 100 accompanying AI Maturity Index provides a broader view, factoring in academic publications and metrics from the IMF and OECD to measure national progress in AI research, innovation, and UAE ranked 38th globally overall, 17th in business, 46th in data, 53rd in technology, and 32nd in AI maturity, making it the top performer in the Arab world across all four categories, and first in MENA when it comes to overall skills readiness.'The UAE is positioning itself for a tech-driven future, with 87% of employers emphasising technological literacy, AI, and big data as their top priorities,' the report said, linking the country's performance to its national efforts to transition into a knowledge-based economy powered by skilled Emirati country also boasts the highest rate of Coursera learners in the region, with 13% of its labour force actively engaged on the platform. As the total learner base reaches 1.3 million, the UAE's appetite for digital skills shows no signs of slowing to the report, GenAI course enrolments alone surged by 344% year on year — more than double the regional growth rate — while professional certificate and cybersecurity enrolments jumped by 41% and 14%, are playing an increasingly active role in this transition, accounting for 21% of GenAI learners in the UAE, 24% of those enrolled in STEM-related fields, and 23% in professional certificate programmes. Learning habits reflect a younger, mobile-first generation, with 41% of users accessing courses via mobile, and a median learner age of the employer side, demand is rising sharply for expertise in AI and machine learning (up 139%) and customer service (up 96%), while top learner skills in the UAE ranged from corporate accounting and predictive analytics to emerging technologies and leadership development. The UAE's broader economic and policy frameworks are a key driver of this momentum, the report said, pointing out the We the UAE 2031 strategy and workforce development programmes like Nafis, which 'are exceeding private-sector employment targets' and form part of a national vision for a tech-enabled society centred around innovation and competencies. Building on this foundation, the country deployed a wider set of strategies, such as UAE Vision 2030, the Strategy for the Fourth Industrial Revolution, the Emirates Blockchain Strategy, and the UAE Centennial 2071, to support the growth and prosperity of future-focused business sectors.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store