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Mr.
Sulaiman Al Mazroui, Chief Manager, Emirates Bank Group and
The Executive Member of the Executive Supreme Committee of
Al Tomooh, Salah Mohd Amin Al Tomooh Manager, Amal Moustafa,
Al Tomooh Co-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.
Al Tomooh Scheme, the Emirates Bank Group, which provided
the Scheme with AED 50m as a working Capital for Al Tomooh
is determined to make it one of the leading Schemes in the
UAE. The Scheme is strongly supported by HH General Shaikh
Mohammed bin Rashid Al Maktoum who offered of double its capital
to reach AED 100.
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