The Hamdan bin Rashid Cancer Charity Hospital will deliver top class care to patients. Photo: Dubai Media Office
The Hamdan bin Rashid Cancer Charity Hospital will deliver top class care to patients. Photo: Dubai Media Office
The Hamdan bin Rashid Cancer Charity Hospital will deliver top class care to patients. Photo: Dubai Media Office
The Hamdan bin Rashid Cancer Charity Hospital will deliver top class care to patients. Photo: Dubai Media Office

Businessman pledges Dh10 million to help fund Dubai's new cancer hospital


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A grateful businessman has pledged Dh10 million for the construction of a pioneering Dubai cancer hospital to commemorate his wife's own battle with the disease.

Yaseen M Jaffer, chief executive of manufacturing firm Proclad Group, was determined to play his part in the fight against cancer to thank the healthcare workers who supported his family during their time of need.

The Hamdan bin Rashid Cancer Charity Hospital will provide vital assistance to many more people when it opens its doors.

The 250-bed hospital was established by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, in April.

The centre, which will have the capacity to treat up to 30,000 people a year, was named after his late brother, Sheikh Hamdan bin Rashid, Deputy Ruler of Dubai and Minister of Finance, who died in March after a period of poor health. He was in his mid-70s.

"My wife's fight against cancer inspires me to express my appreciation and immense gratitude for the care and treatment that she received," said Mr Jaffer.

"I am proud to support Al Jalila Foundation in its mission to provide cancer patients with quality treatment in the UAE. This charity hospital will be a symbol of hope for patients who will be able to receive treatment at home while receiving the support of their families.

"With cancer survival rates improving, there is a great need to support local cancer programmes and initiatives and help strengthen the support network available to cancer patients and their families. I hope to inspire others to support the Foundation's noble cause and contribute towards the building of the Hamdan Bin Rashid Cancer Charity Hospital in Dubai."

Sheikh Hamdan bin Rashid - in pictures

The foundation has already raised Dh350m of its Dh750m target to fund construction, thanks to a flood of donations from philanthropists, government and non-government organisations and businesses.

The hospital will be built in two phases, with the first due to open in 2024 with 150 beds.

"The health and well-being of the UAE’s citizens and residents is one of Al Jalila Foundation’s top priorities," said Dr Abdulkareem Sultan Al Olama, chief executive of the foundation.

The hospital "is set to become a leader in cancer care serving patients in need. Donor support is an integral part of our success in developing the state-of-the-art hospital and we are grateful to Yaseen Jaffer and his family for their generous donation.

"The hospital will offer unparalleled cancer expertise and make an invaluable contribution to the country’s healthcare sector putting patient care first."

Mr Jaffer also visited a new women's cancer drop-in centre, Majlis Al Amal, to see how it is improving lives.

Majlis Al Amal, which in Arabic means Hope Lounge, is the first community centre dedicated to female cancer patients and their well-being.

It was launched by the foundation to support patients, survivors and their loved ones. All services offered at the centre are free of charge.

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

Updated: December 23, 2021, 2:48 PM