UAE triples donation to UN emergency relief fund



The UAE will contribute $5 million to the UN Central Emergency Relief Fund next year, tripling its previous commitment to the fund.

The pledge was announced by Lana Nusseibeh, Ambassador and Permanent Representative of the UAE to the UN, at the fund’s annual High-Level Pledging Event in New York on Friday.

"As a testament to Cerf's effectiveness and the UAE’s commitment to its principles of humanity, impartiality and independence, we are pleased to announce a revision in our pledge for 2019, raising our contribution to $5 million (Dh18.4m) from the $1.75 million announced previously," Ms Nusseibeh said. "This is an over threefold increase from our $1.5 million contribution in 2018 and we are proud to be widening the traditional base of donors to Cerfwith our contribution."

The fund was established by the United Nations General Assembly in 2005 as the United Nations global emergency response fund that enables humanitarian responders to deliver life-saving assistance whenever and wherever crises strike. The UAE serves on the fund’s advisory group.

At the event, Mark Lowcock, UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief co-ordinator, thanked the UAE for increasing its contributions to the fund at the fastest rate in recent years. He said it was crucial that the fund continue to grow to better provide urgent relief.

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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 

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