Latest news with #ExecutiveCounciloftheEmirate
Sharjah 24
06-05-2025
- Business
- Sharjah 24
SAVW Board of Trustees reviews the digital transformation plan
Indicators' programme The Board approved the new indicators programme to measure the Award's performance and outcomes. The programme includes 80 precise performance indicators, with the aim of enhancing work efficiency and raising its standards, reflecting a commitment to transparency and professionalism in achieving the Award's objectives. The Board also reviewed the revenues from endowments allocated to support the Award's various activities and programmes, with a focus on investing these resources sustainably to enhance the Award's pioneering role and its continued approach to instilling volunteer values and social responsibility. In the context of promoting continuous development, the Board discussed the Award's most prominent achievements and developments, reviewing the Award's digital transformation plan, which aims to facilitate procedures to enhance future efforts to support volunteer work and achieve the Award's vision as a leading platform for spreading the culture of volunteering and encouraging innovative community initiatives. Continuous development During the meeting, His Excellency Ahmed Ibrahim Al Mail expressed his appreciation for the generous support and wise guidance the award receives from His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the wise follow-up of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler, and Chairman of the Executive Council of the Emirate. Ahmed Al Mail praised the efforts of the board members and their role in enhancing the award's performance. He noted that the adoption of the new indicators programme and the digital transformation plan represent a qualitative shift in the award's journey toward achieving its goals and promoting the values of giving and innovation, which will inspire individuals and institutions to adopt volunteer projects that contribute to achieving sustainable development and strengthening community cohesion. Al Mail pointed out that SAVW is moving forward in strengthening its pioneering role by adopting innovative tools and programmes that support volunteer work and enhance its outcomes, ensuring the achievement of the award's objectives and reflecting its unwavering commitment to serving the community. Keeping Up with Challenges and Developing the Award For his part, Dr. Jassim Al Hammadi, Secretary General of SAVW, emphasised that the award continuously works to consolidate the culture of volunteering across various sectors, to remain a platform that encourages creativity and giving that serves the community and elevates the status of volunteer work in the Emirate of Sharjah. Al Hammadi explained that adopting an electronic performance measurement programme enhances transparency and the quality of outputs, contributing to consolidating the award's role as an inspiring entity for excellence and creativity in the volunteer field. He emphasised the award's commitment to keeping up with challenges and developing its working mechanisms in line with the vision of the Emirate of Sharjah and its community and humanitarian leadership. Al Hammadi pointed out that SAVW importance lies in encouraging and motivating volunteer work and establishing the foundation for volunteer work by educating the community to perform constructive volunteer work, which has contributed to the growing community interest in the award year after year. Qualitative developments Fatima Musa Al Belushi, Executive Director of SAVW, explained that the meeting also reviewed the award's 2024 results, highlighting its most notable achievements and developments. She noted that the award has organised 21 editions over 22 years since its inception, honouring 1,259 individual and institutional winners across various categories. Al Belushi added that the previous edition, the 21st edition, dedicated to the 2023 results, achieved remarkable figures, including 125,389 volunteer hours with the participation of 3,038 volunteers, 45 volunteer opportunities, and financial support totaling AED 47,033. SAVW executive director added that the results of the work demonstrated the qualitative developments seen by the award, especially the expansion of its categories to include 14 diverse categories targeting various segments of society, which enhances the award's comprehensiveness and impact. She noted that the award places special importance on community awareness, as it organized 76 awareness lectures, in addition to specialised awareness publications such as magazines such as "Sharjah Volunteering" and the electronic newsletter "Volunteers", in addition to publications directed at children such as "Little Volunteer Magazine" and other awareness publications.
ARN News Center
18-02-2025
- Business
- ARN News Center
DIFC records strongest-ever financial performance in 2024
Dubai International Financial Centre (DIFC) recorded its strongest-ever annual performance in 2024 thanks to combined revenues of AED 1.78 billion from almost 7,000 registered companies. In 2024 DIFC saw 1,823 new registrations, the highest number ever recorded in a year, representing a 25 per cent increase. Over 46,000 people now work in DIFC, helping firms to record a staggering AED 1.33 billion operating profit, a 55 per cent increase on 2023. Technology companies increased by 38 per cent year-on-year up to 1,245. Posting on His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum is the Deputy Ruler of the Emirate of Dubai, the Deputy Prime Minister and Minister of Finance of the UAE, and the First Deputy Chairman of the Executive Council of the Emirate said: "The exceptional growth of Dubai International Financial Centre (DIFC) over the past 20 years embodies the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum in solidifying Dubai's position as a leading global financial hub. "In 2024, DIFC recorded its strongest-ever annual performance, with a 37 per cent increase in revenue, reaching AED 1.78 billion. The number of active companies rose to 6,920, marking a 25 per cent increase, while a record-breaking 1,823 new companies registered within the Centre. The workforce expanded to 46,078 professionals, and the technology and innovation sector experienced unprecedented growth of 38 per cent. "Today, we are witnessing the results of the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum. We remain committed to further enhancing an integrated global financial ecosystem that fosters innovation and reinforces Dubai's standing as a future-focused international financial centre." The exceptional growth of Dubai International Financial Centre (DIFC) over the past 20 years embodies the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum in solidifying Dubai's position as a leading global financial hub. In 2024, DIFC recorded its strongest-ever… — Maktoum Bin Mohammed (@MaktoumMohammed) February 18, 2025
