Latest news with #CommercialBankofDubai
Al Bawaba
a day ago
- Business
- Al Bawaba
Al Jalila Foundation receives AED 10 Million from Commercial Bank of Dubai
Al Jalila Foundation, the philanthropic arm of Dubai Health, announced a generous AED10 million donation from Commercial Bank of Dubai (CBD) to support the construction and development of Dubai Health's Hamdan Bin Rashid Cancer Hospital, Dubai's first fully integrated and comprehensive cancer care partnership reflects a shared commitment to advancing human health and underscores the importance of strategic collaboration between national institutions to enhance access to world-class medical services, particularly in the field of donation agreement was signed during an official visit to the Foundation by H.E. Ahmad Abdulkarim Julfar, Chairman of Commercial Bank of Dubai, and Dr. Amer Al Zarooni, CEO of Al Jalila Foundation. His Excellency and the accompanying delegation were briefed on the Foundation's core programs and future signing ceremony was attended by Dr. Amer Sharif, CEO of Dubai Healthcare City, and Dr. Abdullah Al Khayat, CEO Emeritus of Al Jalila Children's Hospital.H.E. Ahmad Abdulkarim Julfar said: 'Our support for the Hamdan Bin Rashid Cancer Hospital reflects our deep-rooted commitment to serving the community and supporting individuals in need of advanced medical care. This partnership is aligned with the UAE's longstanding approach to fostering philanthropy in the healthcare sector and upholding the values of compassion and community solidarity.'Dr. Amer Al Zarooni, CEO of Al Jalila Foundation, expressed his gratitude: 'We thank Commercial Bank of Dubai for its generous contribution to a project that marks a major step forward in Dubai's healthcare landscape. This partnership reflects the power of collaboration in supporting national efforts to enhance cancer care and improve patients' lives.'The 59,000 square metres Hamdan Bin Rashid Cancer Hospital is being developed with the aid of donations received through Al Jalila Foundation, which leads Dubai Health's giving to become a world-class medical institution, the hospital will be equipped with the latest diagnostic and therapeutic technologies and staffed by a highly qualified team of specialist doctors and trained nurses. It will also play a pioneering role in cancer research and education, focusing on developing innovative treatments and investing in the training of future medical and nursing G+8 floors, the Hamdan Bin Rashid Cancer Hospital designed with input from cancer survivors to ensure a truly patient-centered environment. The hospital was awarded Gold in the Future Healthcare Projects category by World Architecture News. Once operational, it will provide advanced, integrated cancer care to the patients. Al Jalila Foundation continues to forge strategic partnerships with corporations, institutions, and philanthropists to ensure that advanced medical care remains accessible to those in need, while contributing to the nation's vision of a healthier society, aligned with the goals of the Dubai Social Agenda 33.
Al Etihad
a day ago
- Business
- Al Etihad
Al Jalila Foundation receives Dh10 million from CBD to support Hamdan Bin Rashid Cancer Hospital
9 June 2025 16:14 DUBAI (WAM) Al Jalila Foundation, the philanthropic arm of Dubai Health, announced a generous Dh10 million donation from Commercial Bank of Dubai (CBD) to support the construction and development of Dubai Health's Hamdan Bin Rashid Cancer Hospital, Dubai's first fully integrated and comprehensive cancer care partnership reflects a shared commitment to advancing human health and underscores the importance of strategic collaboration between national institutions to enhance access to world-class medical services, particularly in the field of donation agreement was signed during an official visit to the Foundation by the Chairman of Commercial Bank of Dubai, Ahmad Abdulkarim Julfar, and the CEO of Al Jalila Foundation, Dr. Amer Al and the accompanying delegation were briefed on the Foundation's core programmes and future signing ceremony was attended by CEO of Dubai Healthcare City, Dr. Amer Sharif, and CEO Emeritus of Al Jalila Children's Hospital,Dr. Abdullah Al said, 'Our support for the Hamdan Bin Rashid Cancer Hospital reflects our deep-rooted commitment to serving the community and supporting individuals in need of advanced medical care. This partnership is aligned with the UAE's longstanding approach to fostering philanthropy in the healthcare sector and upholding the values of compassion and community solidarity.'Dr. Al Zarooni said, 'We thank Commercial Bank of Dubai for its generous contribution to a project that marks a major step forward in Dubai's healthcare landscape. This partnership reflects the power of collaboration in supporting national efforts to enhance cancer care and improve patients' lives.'The 59,000 square metres Hamdan Bin Rashid Cancer Hospital is being developed with the aid of donations received through Al Jalila Foundation, which leads Dubai Health's giving to become a world-class medical institution, the hospital will be equipped with the latest diagnostic and therapeutic technologies and staffed by a highly qualified team of specialist doctors and trained will also play a pioneering role in cancer research and education, focusing on developing innovative treatments and investing in the training of future medical and nursing G+8 floors, the Hamdan Bin Rashid Cancer Hospital was designed with input from cancer survivors to ensure a truly patient-centred hospital was awarded Gold in the Future Healthcare Projects category by World Architecture News. Once operational, it will provide advanced, integrated cancer care to the patients. Al Jalila Foundation continues to forge strategic partnerships with corporations, institutions, and philanthropists to ensure that advanced medical care remains accessible to those in need, while contributing to the nation's vision of a healthier society, aligned with the goals of the Dubai Social Agenda 33.
Zawya
a day ago
- Health
- Zawya
Al Jalila Foundation receives AED 10mln from Commercial Bank of Dubai
Dubai, UAE: Al Jalila Foundation, the philanthropic arm of Dubai Health, announced a generous AED10 million donation from Commercial Bank of Dubai (CBD) to support the construction and development of Dubai Health's Hamdan Bin Rashid Cancer Hospital, Dubai's first fully integrated and comprehensive cancer care facility. This partnership reflects a shared commitment to advancing human health and underscores the importance of strategic collaboration between national institutions to enhance access to world-class medical services, particularly in the field of oncology. The donation agreement was signed during an official visit to the Foundation by H.E. Ahmad Abdulkarim Julfar, Chairman of Commercial Bank of Dubai, and Dr. Amer Al Zarooni, CEO of Al Jalila Foundation. His Excellency and the accompanying delegation were briefed on the Foundation's core programs and future initiatives. The signing ceremony was attended by Dr. Amer Sharif, CEO of Dubai Healthcare City, and Dr. Abdullah Al Khayat, CEO Emeritus of Al Jalila Children's Hospital. H.E. Ahmad Abdulkarim Julfar said: 'Our support for the Hamdan Bin Rashid Cancer Hospital reflects our deep-rooted commitment to serving the community and supporting individuals in need of advanced medical care. This partnership is aligned with the UAE's longstanding approach to fostering philanthropy in the healthcare sector and upholding the values of compassion and community solidarity.' Dr. Amer Al Zarooni, CEO of Al Jalila Foundation, expressed his gratitude: 'We thank Commercial Bank of Dubai for its generous contribution to a project that marks a major step forward in Dubai's healthcare landscape. This partnership reflects the power of collaboration in supporting national efforts to enhance cancer care and improve patients' lives.' The 59,000 square metres Hamdan Bin Rashid Cancer Hospital is being developed with the aid of donations received through Al Jalila Foundation, which leads Dubai Health's giving mission. Set to become a world-class medical institution, the hospital will be equipped with the latest diagnostic and therapeutic technologies and staffed by a highly qualified team of specialist doctors and trained nurses. It will also play a pioneering role in cancer research and education, focusing on developing innovative treatments and investing in the training of future medical and nursing professionals. Spanning G+8 floors, the Hamdan Bin Rashid Cancer Hospital designed with input from cancer survivors to ensure a truly patient-centered environment. The hospital was awarded Gold in the Future Healthcare Projects category by World Architecture News. Once operational, it will provide advanced, integrated cancer care to the patients. Al Jalila Foundation continues to forge strategic partnerships with corporations, institutions, and philanthropists to ensure that advanced medical care remains accessible to those in need, while contributing to the nation's vision of a healthier society, aligned with the goals of the Dubai Social Agenda 33. About Al Jalila Foundation Al Jalila Foundation, that leads Dubai Health's giving mission, is a global healthcare charity transforming lives through medical innovation. Established in April 2013 under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the foundation works to position Dubai and the UAE at the forefront of medical advancement. The foundation provides essential treatment for those unable to afford healthcare, funds scholarships for medical professionals, and supports pioneering research addressing critical health challenges, including cancer, cardiovascular diseases, diabetes, obesity, and mental health.
Reuters
6 days ago
- Business
- Reuters
Gulf stocks mixed as new tariffs take effect, oil prices retreat
June 4 (Reuters) - Stock markets in the Gulf were mixed early on Wednesday, with U.S. President Donald Trump's duties on steel and aluminium going into effect, marking the latest chapter in a trade war that has rattled global markets. Investor focus continues to be on the pace of trade negotiations, with a possible call this week between President Trump and Chinese leader Xi Jinping in the spotlight. This comes after Trump accused China on Friday for violating a bilateral deal to roll back tariffs and trade restrictions. Oil prices dipped, with Brent crude futures down 0.3% to $65.46 a barrel by 0644 GMT . Prices were weighed down by increasing OPEC+ output and continued concerns over the global economic outlook due to trade tensions. Saudi Arabia's benchmark stock index (.TASI), opens new tab was up 0.49%. Arabian Pipes Company ( opens new tab gained 3.63% in early trade. JP Morgan also said on Tuesday that the kingdom was set to issue $12.6 billion in bonds for the rest of the year. Markets in the UAE were trading higher, with Dubai's main share index (.DFMGI), opens new tab up 0.14% and Abu Dhabi's benchmark index (.FTFADGI), opens new tab up 0.15% in early trade. In Dubai, Commercial Bank of Dubai ( opens new tab was the top gainer on the index, up 3.04%.The index is set for a third consecutive session of gains. Qatar's benchmark stock index (.QSI), opens new tab was down 0.36%, with maritime and logistics services provider Qatar Navigation ( opens new tab down 1.09%, the top loser on the index. Qatar recorded a budget deficit of 0.5 billion riyals ($133.31 million) in the first quarter of 2025, according to data from the finance ministry. Total revenue stood at 49.9 billion riyals, down 7.5% from the same quarter last year. Wednesday is the deadline for countries to submit their best proposals for trade deals with the U.S. and a chance to avoid Trump's hefty tariffs. Markets are also expecting the wildfires that have swept Canada since last month to impact oil supply, despite a temporary relief from wet weather. Wildfires in Alberta have affected more than 7% of the country's crude oil output, according to Reuters calculations. ($1 = 3.7506 riyals)
Zawya
6 days ago
- Business
- Zawya
Mideast Stocks: Gulf stocks mixed as new tariffs take effect, oil prices retreat
Stock markets in the Gulf were mixed early on Wednesday, with U.S. President Donald Trump's duties on steel and aluminium going into effect, marking the latest chapter in a trade war that has rattled global markets. Investor focus continues to be on the pace of trade negotiations, with a possible call this week between President Trump and Chinese leader Xi Jinping in the spotlight. This comes after Trump accused China on Friday for violating a bilateral deal to roll back tariffs and trade restrictions. Oil prices dipped, with Brent crude futures down 0.3% to $65.46 a barrel by 0644 GMT. Prices were weighed down by increasing OPEC+ output and continued concerns over the global economic outlook due to trade tensions. Saudi Arabia's benchmark stock index was up 0.49%. Arabian Pipes Company gained 3.63% in early trade. JP Morgan also said on Tuesday that the kingdom was set to issue $12.6 billion in bonds for the rest of the year. Markets in the UAE were trading higher, with Dubai's main share index up 0.14% and Abu Dhabi's benchmark index up 0.15% in early trade. In Dubai, Commercial Bank of Dubai was the top gainer on the index, up 3.04%.The index is set for a third consecutive session of gains. Qatar's benchmark stock index was down 0.36%, with maritime and logistics services provider Qatar Navigation down 1.09%, the top loser on the index. Qatar recorded a budget deficit of 0.5 billion riyals ($133.31 million) in the first quarter of 2025, according to data from the finance ministry. Total revenue stood at 49.9 billion riyals, down 7.5% from the same quarter last year. Wednesday is the deadline for countries to submit their best proposals for trade deals with the U.S. and a chance to avoid Trump's hefty tariffs. Markets are also expecting the wildfires that have swept Canada since last month to impact oil supply, despite a temporary relief from wet weather. Wildfires in Alberta have affected more than 7% of the country's crude oil output, according to Reuters calculations.
