The UAE completed its 72nd airdrop of humanitarian aid into Gaza on Friday, alongside Jordan and with participation from Germany, Italy, Belgium, France and Singapore.
The aid consisted of food and other essentials supplied by charity organisations in the UAE, as part of the government's Operation Gallant Knight 3, state news agency Wam reported.
The total amount of aid delivered by air under the operation has exceeded 3,972 tonnes, “underscoring the UAE’s steadfast commitment to supporting the Palestinian people and strengthening their resilience”, Wam said.
The initiatives highlight the UAE’s leading role in international relief work, by mobilising regional and international efforts and reinforcing a humanitarian giving approach to ease the suffering of those affected in crisis areas, the news agency added.
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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Graduated from the American University of Sharjah
She is the eldest of three brothers and two sisters
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About Housecall
Date started: July 2020
Founders: Omar and Humaid Alzaabi
Based: Abu Dhabi
Sector: HealthTech
# of staff: 10
Funding to date: Self-funded
Example heady
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The National Editorial: Is there much to celebrate on International Women's Day 2021?
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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)
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