Dubai Endowment Sign bestowed on Dubai RTA

Source: Mohammed Bin Rashid Global Centre for Awqaf and Endowment. RTA receives Dubai Endowment Sign from MBRGCEC.

HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has received the Dubai Endowment* Sign from HE Dr Hamad Al Hammadi, Secretary General of the Mohammed bin Rashid Centre for Endowment Consultancy (MBRGCEC) in recognition of RTA’s initiative for deploying the world’s first endowment taxicabs. The revenue from the taxicabs will be allocated to community activities related to public transport.
“RTA prides itself on being among the first contributors to the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, VP and PM of the UAE, and Ruler of Dubai, and initiating the concept of the first endowment taxicab in the world. Obtaining the Endowment Sign is an incentive for all to contribute to community development through endowments. We are looking forward for our cooperation with the MBRGCEC to bear results dividends in support of community development efforts,” said Al Tayer.

“RTA is keen on supporting all programmes and initiatives of the Dubai government in scientific, social, humanitarian and economic fields out of its relentless efforts to bolster its social responsibility at the local, regional and global levels. Such efforts, we believe, would raise the standing of the UAE and Dubai in global humanitarian circles and bring happiness to people.”

“The first endowment taxicab in the world is a key component of the creative endowment unleashed by HH Sheikh Mohammed bin Rashid Al Maktoum, VP and PM of the UAE, and Ruler of Dubai,” said Dr Hamad Al Hammadi. “RTA has rolled out this innovative concept, which heralds a pioneering endowment experience worthy of emulation worldwide. We are looking forward for other public and private entities to follow suit of RTA in developing cracking endowment solutions for community development."

The Dubai Endowment Sign is part of the activities launched by HH Sheikh Mohammed bin Rashid Al Maktoum, VP and PM of the UAE, and Ruler of Dubai, as part of the global vision for endowment. It is an incentive for engaging with the community, and enables public and private organisations to serve the community through endowing a part of their assets to address social development needs.

Entities that are granted the Dubai Endowment Sign can benefit from several advantages, including:

• Priority in government procurement and contracting with the Dubai government as per the directives issued by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
• Inclusion of the Dubai Endowment Sign in all types of communications, and inclusion of the entity’s logo in promotional campaigns organised by the MBRGCEC.

“The MBRGCEC seeks to offer consultancy to public and private entities towards enhancing their communal contributions through the Dubai Endowment Sign. Such coordinated efforts would help build a wide spectrum of community services featuring key tools for leveraging the corporate contribution to the community,” said Al Hammadi.
 
Interested?

Enquire about obtaining the Dubai Endowment Sign at the MBRGCEC website

*Endowments (أوقاف‎‎) in the Islamic context, called awqaf or waqf, are charitable donations given to further religious purposes. The Dubai vision for Awqaf and Endowments does not specifically mention religious purposes and refers to doing good and serving humanity in general.