SEC reviews 2024 Endowment Trusts Account Report
His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired the Council meeting, on Tuesday.
The meeting was held at the Sharjah Ruler's Office, in the presence of His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the Sharjah Executive Council (SEC).
Discussion of Governmental Performance and Public Service Delivery
The Council discussed several topics related to monitoring the performance of government departments and implementing the plans and public policies of the Emirate of Sharjah, aiming to provide the best services to communities across various sectors.
Review of Sharjah Museums' Services
The Council reviewed a report on the services provided by Sharjah museums to visitors across the cities and regions of the Emirate. The report detailed how the museums operate in conveying and documenting historical, cultural, heritage, artistic, and Islamic information, in addition to offering an educational and entertaining experience targeting all age groups from children to adults.
Annual Report on Endowment Trust Account for 2024
The Council examined the annual report for the Endowment Trust Account for the year 2024, highlighting the most notable achievements and initiatives carried out. The report showed growth in assets, revenues, and donations to various endowment projects, alongside the completion of a number of endowment projects that reinforced the position of endowment as a sustainable developmental tool.
Key Figures and Statistics from the Report
The Council was introduced to key figures and statistics from the report, including the income statement for the endowment trust account, the income statement for wills and endowment deeds, endowment projects implemented during 2024, endowment assets, the entities benefiting from endowment implementation inside and outside the country, and endowment investment.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
an hour ago
- Zawya
US will resume accreditation of Swiss investment advisers
The U.S. will resume processing applications from Swiss entities aiming to become registered investment advisers in the U.S., the U.S. Securities and Exchange Commission and Swiss financial market regulator FINMA said in separate statements on Tuesday. SEC had suspended new registrations for several years and would lift the ban with immediate effect after the watchdogs agreed on a direct transmission of information from Swiss institutions to SEC staff and on-site examinations, the statements said. "I am very pleased to announce that the SEC stands ready to provide prompt consideration of the registration applications from Swiss investment advisers," SEC Chairman Paul S. Atkins said. "I thank my FINMA counterparts for their collaboration and welcome their actions to make this possible."
Tourism Breaking News
2 hours ago
- Tourism Breaking News
DET shares deeper impact with sustainability efforts
Post Views: 19 The Dubai Department of Economy and Tourism (DET) at its first City Briefing of 2025 highlighted the critical role that partners across the public and private sectors are playing in Dubai's continued tourism performance. Under the theme 'deeper impact with our sustainability efforts' shared key industry updates such as Dubai welcoming 7.15 million international overnight visitors between January and April 2025, a 7% YoY increase. This builds on the 18.72 million people who visited in 2024, the second consecutive year of record-setting growth for the city. Dubai's hotel sector offered 153,534 rooms at the end of April, with all key performance indicators demonstrating strong YoY growth. Beyond the data, the forum reaffirmed DET's commitment to creating a resilient and future-ready tourism ecosystem. His Excellency Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DCTCM), said: 'The visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, is reflected in the continued success of our tourism sector. Building on yet another record-breaking performance in 2024, the exceptional results achieved by the industry so far in 2025 is a testament to the resilience and steadfast support of our stakeholders and partners. From hospitality and aviation to retail and gastronomy, every sector has played a critical role in solidifying Dubai's position as a global tourism leader. It is by coming together as a community that we have been able to navigate challenges, create compelling narratives about the city, and drive global trends. 'In advancing the goals of the Dubai Economic Agenda, D33, our focus remains on strengthening the spirit of partnerships, embracing innovation, and creating future-ready experiences that enhance Dubai's position as the world's best city to visit, live and work in. We are also collectively driving initiatives that enhance social inclusion, talent development and quality of life, while strengthening community bonds, promoting values, and instilling a sense of belonging. As we look ahead to the second half of this year and beyond, we will harness the key elements that have driven the industry's steady growth – a robust and diversified market strategy, a solid collaboration model between the government and private sectors, and global campaigns showcasing the ever-evolving diverse destination offering.'
Sharjah 24
4 hours ago
- Sharjah 24
Abdullah bin Zayed, US Secretary of State discuss ties
Rubio welcomed the visit of His Highness Sheikh Abdullah bin Zayed and the accompanying delegation. The meeting, held at the US Department of State headquarters, focused on the strategic ties between the two countries and explored ways to advance them in support of their shared interests. The two ministers reviewed avenues of bilateral cooperation across several developmental sectors, particularly in the economic, commercial, scientific, advanced technology and artificial intelligence fields. Discussions also covered the state visit of US President Donald Trump to the UAE in May, with both sides affirming that the visit's outcomes reflected the strength of the UAE-US ties and their joint resolve to deepen cooperation and expand partnership in all fields. Sheikh Abdullah praised the long-standing strategic partnership between the UAE and the United States, underscoring that the US remains a key strategic ally. He expressed the UAE's commitment to work jointly with the US to further strengthen this exceptional relationship in a way that achieves greater prosperity and sustainable development for both nations and their peoples. During the meeting, Sheikh Abdullah bin Zayed and Marco Rubio also discussed overall regional developments. His Highness Sheikh Abdullah reaffirmed the UAE's keenness to cooperate with the United States and regional and international partners in promoting peace and stability, and in fostering the values of coexistence and human fraternity in societies. The meeting was attended by Yousef Al Otaiba, UAE Ambassador to the US; Lana Zaki Nusseibeh, Assistant Minister for Political Affairs; Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs; and Dr. Maha Taysir Barakat, Assistant Minister for Medical Affairs and Life Sciences at the Ministry of Foreign Affairs.
