The Kaloti Foundation, the charitable arm of Kaloti Precious Metals, one of the world’s largest precious metals refiners and trading houses, announced its donation of AED 250,000 to the Suqiya Al Emarat (UAE Water Aid), a charitable initiative launched during Ramadan by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Kaloti’s contribution to this important, life giving campaign will enable the construction of 50 wells, providing 10,000 people with access to clean drinking water. Launched on June 29th, the UAE Water Aid project aims to provide clean drinking water to five million people in 60 countries across the world.
As part of The Kaloti Foundation’s ongoing support for UAE charitable organisations and good causes during the Holy Month of Ramadan, it has also donated AED 50,000 to the Dubai Autism Center, an organisation that supports people with autism and promotes a better understanding about the condition within society.
In addition, Kaloti has contributed AED 50,000 to the Al Jalila Foundation, a not-for-profit organisation to support medical treatment, education and research; and AED 50,000 to Al Noor Training Centre for Children with Special Needs.
The four separate donations make The Kaloti Foundation’s total contribution to charity AED 400,000 during Ramadan, in addition to its on-going international charitable projects.
Commenting, Munir Kaloti, President of Kaloti Precious Metals, said: “Corporate social responsibility and sustainability is a key focus for Kaloti. With over 25 years operating in the region, we are fully committed to giving back to the communities that have helped make the successful growth of our business a reality.”
“Supporting the UAE’s ongoing charitable agenda is an important aspect of The Kaloti Foundation’s CSR approach, and donating to home-grown initiatives such Suqiya Al Emarat, Dubai Autism Center, Al Jalila Foundation, and the Al Noor Training Centre for Children with Special Needs is one way in which we are doing this.”
“The Kaloti Foundation has a number of other exciting CSR programmes and initiatives planned, which we look forward to progressing in the near future.”
The Kaloti Foundation seeks to leverage the success, assets, and significant talent found within the company, to help people and communities around the world. Through the Foundation’s numerous programmes and inititatives, Kaloti aims to enhance the communities it interacts with, by creating jobs, developing skills, and supporting key social projects.
For further information:
Harriet Daly, Bell Pottinger
Mob: +971 50 459 3260
Email: [email protected]
Tuesday, July 8- 2014 @ 11:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.