Latest news with #MohammedbinRashidAlMaktoumMedalforPhilanthropy
Business Standard
11-06-2025
- Business
- Business Standard
Siddharth Balachandran Receives Mohammed bin Rashid Al Maktoum Medal for Philanthropy
PNN Dubai [UAE], June 11: Siddharth Balachandran, a UAE-based Indian entrepreneur and philanthropist, has been awarded the Mohammed bin Rashid Al Maktoum Medal for Philanthropy, one of the highest civilian honors in the United Arab Emirates for humanitarian work. The award, presented by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, recognizes individuals and organizations for their exceptional contributions to charitable causes and social impact initiatives in the region. Balachandran was honored for what officials described as his "outstanding effort and contribution to the enrichment of charitable and humanitarian work" across the UAE and India. The medal is considered a symbol of the Ruler of Dubai's commitment to a more compassionate and equitable society and is intended to encourage a culture of giving. "It's about giving back," said Balachandran in response to the honor. "If you are in a particular jurisdiction, you should contribute as much as possible there." Recognizing Impact Across Borders The Mohammed bin Rashid Al Maktoum Medal for Philanthropy highlights sustained and tangible impact in humanitarian work. Past recipients include Yusuff Ali M.A., Chairman of Lulu Group. The award serves as public recognition of exemplary dedication to social causes and aims to inspire broader engagement in philanthropy across the region. Balachandran was recognized for his significant support of key humanitarian campaigns in Dubai, including contributions to the Mother's Endowment and Father's Endowment initiatives, which fund programs focused on education, healthcare, and community rebuilding. He has also worked closely with the Indian consulate in Dubai to assist migrant worker communities in times of distress, particularly during emergencies. Environmental and Social Work in India In India, Balachandran's philanthropic initiatives are carried out through the Buimerc India Foundation, where he serves as a trustee. The foundation is engaged in large-scale environmental conservation and community empowerment projects. Key programs under the Foundation include: * Mangrove Restoration in Kerala: A three-year, 50-kilometer project in collaboration with the M.S. Swaminathan Research Foundation, aiming to restore coastal ecosystems affected by climate change and human intervention. * Reforestation in Wayanad: The removal of invasive species across 300 acres of degraded forestland, with support from Forest First Samithi and tribal communities. The project promotes natural regeneration of elephant habitats and native biodiversity. * Elephant Habitat Support in Mathura: In partnership with Wildlife SOS, the Foundation supports afforestation efforts at an elephant rehabilitation center, transforming barren land into a thriving ecosystem using the Miyawaki method. * Youth Environmental Education at Point Calimere: A collaborative initiative with the Bombay Natural History Society (BNHS) to promote ecological awareness among school students, focusing on bird migration, conservation, and biodiversity. These programs are aligned with global environmental priorities and reflect growing awareness about sustainability and the role of private sector actors in ecological restoration. Bridging Philanthropy and Policy Vision The medal also signals the UAE leadership's emphasis on cross-border philanthropy and the role of business leaders in furthering social equity and climate action. The Government of Dubai's recent philanthropic roadmap stresses multi-sector partnerships and measurable social outcomes -- criteria that Balachandran's work has consistently addressed. The recognition is especially notable for its regional scope. While Balachandran resides in Dubai and leads business operations from the UAE, much of the impact of his work spans across national boundaries, with direct benefits to communities in India. Government and Community Reaction Officials from both the UAE and Indian diplomatic missions have welcomed the award as a "positive signal of shared humanitarian values." The Indian consulate in Dubai issued a statement congratulating Balachandran and commending his long-standing contributions to community welfare. Local environmental groups in Kerala and Tamil Nadu also acknowledged the support from Buimerc India Foundation as "a vital intervention in otherwise underfunded conservation zones." An Emblem of Responsibility Speaking on the broader meaning of the award, Balachandran said: "I am honored to receive this prestigious gold medal from His Highness Sheikh Mohammed bin Rashid Al Maktoum. It reinforces my belief in the transformative power of philanthropy -- for people, the planet, and future generations." The Mohammed bin Rashid Al Maktoum Medal for Philanthropy continues to serve as a benchmark for recognizing leaders who integrate social purpose into their operational models. In honoring Balachandran, the UAE underscores the importance of sustained, cross-border impact, particularly in areas of environmental sustainability, social equity, and humanitarian aid.
Khaleej Times
27-03-2025
- Business
- Khaleej Times
Imtiaz Developments receives prestigious ‘Mohammed bin Rashid Al Maktoum Medal for Philanthropy'
In a landmark event, Imtiaz Developments has been awarded the prestigious 'Mohammed bin Rashid Al Maktoum Medal for Philanthropy' by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The honour was conferred upon the real estate company's CEO, Masih Imtiaz, at the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) Year in Review event held on March 18, 2025 at the Dubai World Trade Centre. The award recognises Imtiaz Developments outstanding contributions to the UAE's real estate sector and its unwavering commitment to philanthropy and sustainable development. The company's recent Dh50 million donation to the MBRGI's Father's Endowment campaign will support the construction of an endowment building within the education complex operated by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) in Dubai Academic City. Revenues from this endowment building will play a crucial role in supporting healthcare initiatives in underserved communities. These funds will contribute to the development of hospitals, provision of essential medical equipment and medications, expansion of healthcare facilities, and upgrading of operating rooms - creating sustainable opportunities to enhance the quality of life for those in need. Commenting on this distinguished accolade, Masih Imtiaz, CEO of Imtiaz Developments, stated: "Receiving this esteemed recognition from His Highness Sheikh Mohammed bin Rashid Al Maktoum is a defining moment in my journey. This honour is not just a personal milestone but a reflection of our collective responsibility to contribute to the UAE's vision and global humanitarian efforts. Giving back is an integral part of our values at Imtiaz Developments, and we remain dedicated to initiatives that uplift communities and create a lasting positive impact." "Dubai has been the foundation of my aspirations and success. Under the visionary leadership of His Highness Sheikh Mohammed, the emirate has evolved into the world's most dynamic and forward-thinking city - an unparalleled hub of innovation, excellence, and opportunity. It is a profound honour to contribute to this journey, building world-class developments while upholding the values of generosity, sustainability, and community empowerment. This recognition strengthens my commitment to continue supporting initiatives that enrich lives and drive positive change." Imtiaz Developments: A vision for growth Building on its 30-year legacy in construction spanning three continents, Imtiaz Developments has cemented its status as one of the UAE's leading boutique developers, delivering high-quality residential projects that blend modern design with sustainability. With a portfolio of over 22 projects, the company continues its strategic expansion across Dubai, recently marking the handover of Westwood Grande I in JVC. Imtiaz Developments is on track for five major project handovers in 2025, strengthening its presence in key locations: Six developments in Jumeirah Village Circle; Four projects in DubaiLand Residential Complex; and fifteen waterfront projects in Dubai Islands A legacy of giving back At its core, Imtiaz Developments is more than just a real estate company - it is a driver of social impact, actively engaging in humanitarian efforts that create lasting change. Advancing education: Imtiaz Developments has funded the construction of schools in Africa, ensuring that underprivileged children have access to quality education and brighter futures. Disaster relief: The company has played a pivotal role in community aid initiatives, making significant donations to support flood relief efforts in Dubai, directly impacting families in crisis with essential resources, shelter, and aid. Environmental sustainability: Imtiaz Developments is committed to eco-conscious development and has partnered with the Emirates Environmental Group to drive reforestation efforts. As part of its sustainability vision, the company pledges to plant 2,000 trees for every unit built, reinforcing its dedication to environmental conservation. As Imtiaz Developments continues to expand its footprint, it remains steadfast in its commitment to uplifting communities, promoting sustainability, and aligning with the UAE's long-term vision for economic and social progress.
