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Al Ansari Exchange Donates AED 50 Million to Support Global Food Aid Campaign

Gabriel Bello Obando by Gabriel Bello Obando
March 25, 2023
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Al Ansari Exchange, a leading exchange house in the UAE, has pledged to contribute AED 50 million over the next five years to the “1 Billion Meals Endowment” campaign launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum. This initiative is part of the Mohammed bin Rashid Al Maktoum Global Initiatives, established in 2015 to improve the lives of people around the world through various philanthropic efforts.

The “1 Billion Meals Endowment” campaign aims to provide food aid to those in need in various parts of the world. The campaign builds on the success of previous food aid campaigns and has already achieved its goal of providing meals in 50 countries with the support of over 320,000 donors.

Al Ansari Exchange’s contribution of AED 50 million will help the campaign provide much-needed assistance to those struggling to put food on the table. The exchange house has a long history of supporting philanthropic causes in the UAE and beyond. This latest donation is part of its ongoing commitment to give back to the community.

Rashed Ali Al Ansari, General Manager of Al Ansari Exchange, said: “We are honored to contribute to this noble initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum. The ‘1 Billion Meals Endowment’ campaign is an important step in addressing the issue of food insecurity worldwide, and we are proud to be a part of it.”

He added: “At Al Ansari Exchange, we believe it is our responsibility to give back to the community and support those in need. We are committed to supporting philanthropic efforts in the UAE and beyond, and we hope that our contribution will make a positive difference in the lives of those struggling to access necessities like food.”

The “1 Billion Meals Endowment” campaign is just one of many initiatives the Mohammed bin Rashid Al Maktoum Global Initiatives launched to address issues such as poverty, education, healthcare, and the environment. With the support of partners like Al Ansari Exchange, these initiatives are making a significant impact on the lives of people worldwide.

This contribution from Al Ansari Exchange is a significant step towards achieving the campaign’s goal of providing food aid to vulnerable communities in 30 countries. The exchange has long supported humanitarian causes and has previously collaborated with several organizations to support charitable initiatives.

Mohammed Ali Al Ansari, Chairman of Al Ansari Exchange, expressed his company’s commitment to social responsibility and giving back to communities in need. He said, “We are honored to be a part of this noble initiative dedicated to eradicating hunger and malnutrition. Our contribution to the ‘1 Billion Meals’ campaign is a testament to our commitment to social responsibility. We believe that it will make a significant difference in the lives of those struggling to put food on their tables.”

The “1 Billion Meals Endowment” campaign continues the UAE’s efforts to provide humanitarian aid to countries facing economic and humanitarian crises. In 2020, the UAE provided over 1,800 metric tons of food aid to Yemen and over 37,000 metric tons to Sudan, in addition to supporting several other food aid initiatives worldwide.

The campaign’s success can be attributed to the generosity of donors like Al Ansari Exchange, who understand the importance of giving back to society. The campaign also highlights the UAE’s commitment to achieving the United Nations’ Sustainable Development Goals, particularly SDG 2, which aims to end hunger, achieve food security, improve nutrition, and promote sustainable agriculture.

Overall, Al Ansari Exchange’s contribution to the “1 Billion Meals Endowment” campaign is a significant step towards ensuring that vulnerable communities worldwide receive the food aid they need to survive. It also serves as a reminder of the importance of corporate social responsibility and the role businesses can play in supporting humanitarian causes.

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