The Red Crescent Medical Centre in Al Ramla West, Sharjah
The Red Crescent Medical Centre in Al Ramla West, Sharjah
The Red Crescent Medical Centre in Al Ramla West, Sharjah
The Red Crescent Medical Centre in Al Ramla West, Sharjah

McDonald’s UAE to support first free medical centre in Emirates



Building on a successful six-year partnership with Emirates Red Crescent, McDonald’s UAE has launched an ongoing donation initiative to provide free healthcare services to more than 3,000 patients monthly across the UAE.

The initiative follows the success of the Ramadan 2024 campaign, where McDonald’s UAE donated Dh300,000 to the Red Crescent Medical Centre through an in-app reward points donation drive.

“We are grateful to be further cementing our impactful partnership with McDonald’s UAE to support the Red Crescent Medical Centre”, said Dr Mohammad Salem Al Junaibi, the centre's director.

“The continued donations are vital and will help to support up to 3,000 patients monthly while also allowing us to welcome an average of 500 new patients each month. Following previous initiatives, this move reiterates the value of such platforms in promoting ongoing charitable giving, and our commitment to tackling local humanitarian challenges.”

McDonald’s UAE enables its customers to contribute by donating at self-ordering kiosks
McDonald’s UAE enables its customers to contribute by donating at self-ordering kiosks

Established in 2008 by Emirates Red Crescent, the Red Crescent Medical Centre in Al Ramla West in Sharjah is the only facility in the UAE to offer free healthcare to those in need, regardless of nationality, age or gender.

The centre provides services across more than 18 departments, including general surgery, paediatrics, and internal medicine. Beyond consultations, the centre also operates a pharmacy that supplies essential medications and medical equipment such as wheelchairs.

McDonald’s UAE is now facilitating its customers to contribute by donating at self-ordering kiosks in any McDonald’s restaurant across the UAE, or by converting their Rewards Points on the McDonald’s app, where 100 points equates to Dh1. Every contribution will directly support the Red Crescent Medical Centre's mission of providing free healthcare to those in need.

"As a local business that has been operating in the UAE for three decades, supporting those in need has always been at the heart of our promise to the community. It is an honour to be extending our partnership with Emirates Red Crescent and to further support the Red Crescent Medical Centre, with the help of our generous customers,” said Walid Fakih, chief executive of McDonald’s UAE.

“Emirates Red Crescent plays a huge role in positively impacting the local community, and we will continue to work closely with them to provide support in any way we can. Through this ongoing initiative, we hope to support people in need and amplify the efforts of the Red Crescent Medical Centre.”

By donating at McDonald's restaurants or through the app, customers can directly contribute to the well-being of thousands of individuals in the UAE. To date, more than Dh4 million has been donated to Emirates Red Crescent by McDonald’s UAE.

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In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
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Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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UAE currency: the story behind the money in your pockets
Where can I submit a sample?

Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.

Collection centres in Abu Dhabi include:

  • Abu Dhabi National Exhibition Centre (ADNEC)
  • Biogenix Labs in Masdar City
  • Al Towayya in Al Ain
  • NMC Royal Hospital in Khalifa City
  • Bareen International Hospital
  • NMC Specialty Hospital, Al Ain
  • NMC Royal Medical Centre - Abu Dhabi
  • NMC Royal Women’s Hospital.
The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

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Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

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Updated: August 28, 2024, 9:42 AM