UAE Exchange Contributes AED 1 Million towards Dubai Cares STEM Programme

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UAE Exchange Contributes AED 1 Million towards Dubai Cares STEM Programme

  • The programme aims to address gender disparities and barriers girls face in Science, Technology, Engineering, and Mathematics (STEM) education in Uganda

Dubai: UAE Exchange, a renowned financial services brand in the United Arab Emirates, has contributed AED 1 million to Dubai Cares, part of the Mohammed bin Rashid Al Maktoum Global Initiatives, for its programme that aims to promote Science, Technology, Engineering, and Mathematics (STEM) education among girls in Uganda. The contribution is part of UAE Exchange’s AED 10 million commitment, announced in 2017, towards supporting the Dubai Cares mission to transform the lives of underprivileged children and young people in developing countries through education.

Promoth Manghat, Executive Director and CEO at Finablr and Group CEO at UAE Exchange, said, “We are proud to take our partnership with Dubai Cares a step ahead by supporting the promotion of STEM education among girls in Uganda. This programme which is aligned to UAE Exchange’s agenda of creating positive change for underserved communities around the world will enable girl pupils to pursue opportunities in fields related to Science and Technology. As a corporate citizen, we are committed to creating opportunities and avenues for communities to overcome gender disparities. We are confident that this initiative will make a positive difference for female students and the communities they represent.”

Speaking on the occasion, His Excellency Tariq Mohamed Al Gurg, CEO at Dubai Cares said, “UAE Exchange’s continuous support has been of great value to our mandate that aims to empower communities through the elimination of ignorance. They have set an example for corporations in the UAE with their track record of philanthropic giving and involvement in programs that benefit children and young people, regardless of their gender, nationality, race or religion. With this support and shared commitment to making a difference in communities, Dubai Cares will continue to play a key role in shaping the global education agenda.”

The three-year programme of Dubai Cares, which concludes in December 2019, is focused on addressing gender disparities and barriers faced by girls in STEM education. The programme aims to improve teaching and learning practices by advancing pedagogical methodologies utilized in mathematics, science, engineering and technology learning. It features STEM competitions to encourage curiosity among girl pupils and develop their interest in science-based career fields. The programme also lays emphasis on developing a stronger relationship between theoretical knowledge and practical applications.

UAE Exchange, along with its employees and customers, has also been participating in various volunteering and community engagement initiatives organised by Dubai Cares over the years.

About UAE Exchange

UAE Exchange is a renowned financial services brand established in the United Arab Emirates in 1980. The brand offers a full suite of diversified and innovative financial solutions in money transfer, foreign exchange and payments solutions. The customer-centric ethos combined with a quality-driven approach, constant innovation in products and processes, and the deployment of latest technological advancements set UAE Exchange apart from its peers. UAE Exchange has been globally recognised and awarded for its corporate citizenship, customer service initiatives and business excellence such as Dubai Quality Gold Award, Mohammed Bin Rashid Al Maktoum Business Award, Great Place to Work Award, Emiratisation Award, Sheikh Khalifa Excellence Award etc. UAE Exchange has partnered with leading institutions such as the Emirates Foundation and Dubai Cares, and is a member of the World Economic Forum and the United Nations Global Compact.

UAE Exchange is part of the Finablr network of brands. With category renowned brands in its fold, Finablr provides a broad array of innovative and trusted financial solutions for consumers, corporates and enterprises, through its deep regulatory know-how, relentless focus on technological innovation and a global network of retail stores, digital channels, payments platforms and industry partnerships.

For more information, visit the UAE Exchange website:

About Dubai Cares

Since its inception, Dubai Cares, part of Mohammed bin Rashid Al Maktoum Global Initiatives, has been working towards providing children and young people in developing countries with access to quality education through the design and funding of programs that aim to be integrated, impactful, sustainable and scalable. As a result, the UAE-based global philanthropic organization has successfully launched education programs reaching over 18 million beneficiaries in 57 developing countries.

Dubai Cares is playing a key role in helping achieve the United Nations Sustainable Development Goal (SDG) 4, which aims to ensure inclusive and quality education for all and promote lifelong learning by 2030, by supporting programs in early childhood development, access to quality primary and secondary education, technical and vocational education and training for youth as well as a particular focus on education in emergencies and protracted crises.

In the UAE, Dubai Cares engages residents through a series of volunteer, awareness and fundraising initiatives that are linked to its global mandate. These initiatives include the annual Walk for Education, Volunteer Emirates, Volunteer Globally and Ramadan Campaign.

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