Emirates Red Crescent hands out Eid Al Adha aid to 228,500 people



More than 200,000 people benefited from the Emirates Red Crescent’s Al Adha project this year.

According to figures released by the ERC, 14,270 sacrificial animals were slaughtered at a cost of Dh5 million, with the meat handed out to 57,140 families, made up of 228,500 people, in 60 countries. The beneficiaries included needy, displaced people and refugees.

Fahd Abdul Rahman bin Sultan, Deputy Secretary-General for International Aid, ERC, said the authority has expanded the categories of people who receive Eid aid to boost its humanitarian efforts, reported Wam, the state news agency.

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Global institutions: BlackRock and KKR

US-based BlackRock is the world's largest asset manager, with $5.98 trillion of assets under management as of the end of last year. The New York firm run by Larry Fink provides investment management services to institutional clients and retail investors including governments, sovereign wealth funds, corporations, banks and charitable foundations around the world, through a variety of investment vehicles.

KKR & Co, or Kohlberg Kravis Roberts, is a global private equity and investment firm with around $195 billion of assets as of the end of last year. The New York-based firm, founded by Henry Kravis and George Roberts, invests in multiple alternative asset classes through direct or fund-to-fund investments with a particular focus on infrastructure, technology, healthcare, real estate and energy.

 


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