Abu Dhabi April 6th, 2018: Al Masood Group, one of Abu Dhabi’s leading trading families, has been added to the ‘Prime Funders’ list of Sandooq Al Watan, a private sector organisation that seeks to attract investment and community contributions to support the UAE’s development process.
The group was added to Prime Funders list - an honour roll of all the contributing individuals and institutions that support Sandooq Al Watan - following its most recent donation of AED 6 million to Sandooq Al Watan. The offer was bequeathed to help Sandooq Al Watan continue with its programme of socially responsible activities aimed at creating a diversified, sustainable and competitive knowledge economy.
H.E. Masaood Ahmed Al Masaood, Chairman of Masaood Group said: “Our donation to Sandooq Al Watan embodies our priority to support national initiatives and our desire to help build a prosperous future for UAE youth. Al Masaood Group is focused on the development of human resources and in the creation of a national cadre of skilled individuals who can play an important role in the country’s success and progress.”
“As one of the foremost local companies in the UAE, we aspire to generate national pride. Part of our vision and mission is to continue the legacy of the late Sheikh Zayed Bin Sultan Al Nahyan by creating a generation equipped with the skills and attributes to carry on his approach and the approach of the country’s wise leadership.” He added.
The Board of Directors of Sandooq Al Watan Fund expressed its appreciation to Al Masaood Group for its generous contribution. In offering its gratitude, it highlighted the significant role of private sector institutions that contribute to achieving the strategic objectives of the fund, which are to create an environment that supports creative ideas and turns winning concepts into tangible projects that drive progress.
Since its inception as a small business, Al Masaood Group has achieved remarkable success, becoming one of the largest industrial, commercial and integrated service companies in the country. In the process, the group has played an important role in propelling the growth of Abu Dhabi’s business sector.
Al Masaoud Group’s business operations reflect its commitment to fulfilling its societal responsibilities and to participating actively in achieving sustainable development. The group is dedicated to attracting national talent and to developing its expertise and capabilities so that it can be an active player in the development process.
SAW is an initiative by the UAE’s business sector to give back to the community and to contribute to nation-building development projects. The SAW Fund seeks to source investments and community contributions to support sustainable development and invest in human capital, heeding the UAE leadership’s call to prepare for the post-oil era and cementing the country’s position among the world’s most innovative countries.