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Al Tomooh Finance Scheme at Al Doha Conference.


Mr. Sulaiman Al Mazroui, Chief Manager, Emirates Bank Group and The Executive Member of the Supreme Committee of Al Tomooh, Salah Mohd Amin-TMH Manager, Amal Moustafa, TMH Coordinator participated at the conference held on 04th,March, 2002 till 06th March, 2002 in Doha, Qatar, at the Sheraton Hotel.
Mr. Al Mazroui was one of the speakers at the conference titled " The Complementary Role for the Non-governmental, Governmental And International Organizations in the Permanent Development"

Al Mazroui pointed out that the initiative, aimed at instilling confidence among nationals and is already yielding results: "30 projects have already been financed and operational in Dubai, with more to come. These are engaged in various businesses and industrial activities.


He explained that the scheme is designed to support small National businesses. The interest-free for the first three years, with repayments to only start in the second year, and extendable up to eight years. Most Government and semi-Government Institutions have waived Fees and other expenses as a gesture of their support for such a pioneering initiative.


Around 20 speakers participated at this Conference, which was attended by more than 300 delegates of 52 Islamic countries.
Al Tomooh also participated at the exhibition, which was inaugurated at the same time by H.H. Shaikha Mouza Bint Nasir Al Mesanad the Wife of H.H. The Emir of Qatar, who showed great interest in the Al Tomooh Scheme as regional Experiment.

The conference included subjects related to the development of the Non-governmental organizations in the region. It highlighted the cooperation between Government and Non-Governmental Institutions in socio-development in the Arab and Islamic World.









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