Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the the aim is to sustain the impact of the initiative for years to come. Reuters
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the the aim is to sustain the impact of the initiative for years to come. Reuters
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the the aim is to sustain the impact of the initiative for years to come. Reuters
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said the the aim is to sustain the impact of the initiative for years to come. Reuters

Dubai Ruler sets out long-term endowment for 1 Billion Meals project


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Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has directed the formation of a board of trustees for the "1 Billion Meals Endowment" initiative, which aims to manage and invest the assets of the food aid endowment project.

The board will be responsible for growing and investing the endowed capital, ensuring the highest recurring returns, and creating a sustainable source of giving to provide a food safety net for millions of people worldwide.

Comprising eight members, it will be chaired by Mohammad bin Abdullah Al Gergawi.

“The Board of Trustees will be tasked with growing and investing the endowed capital, creating plans to ensure a return on investment and informed spending towards sustainable food aid sites," said Sheikh Mohammed.

"The aim is to sustain the impact of this initiative for years to come, and to create a better future through ongoing initiatives.”

The board's tasks include establishing sustainable food aid sites, implementing feeding programmes, creating processes and regulations in accordance with international best practices, and opening the door for contributions from individuals, institutions and businesses.

The "1 Billion Meals Endowment" initiative is a practical example of the values of compassion, giving and solidarity that have long been held in the UAE community, and it promotes and revives the culture of endowment, an established Arab tradition, as an investment for future generations and a tool for sustainable development.

The initiative, launched during Ramadan, also contributes to global efforts to fight hunger and malnutrition in line with sustainable development goals.

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1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

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The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

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Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

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A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Updated: April 30, 2023, 5:15 PM