Faizal & Shabana Foundation donates AED 10 million to aid medical research

[email protected] (CD Network)
November 12, 2015

Dubai, Nov 12: In recognition of various philanthropic work conducted by the Faizal & Shabana Foundation – their Vice Chairperson Mrs. Shabana Faizal, daughter of Mr. B. Ahmed Hajee Mohiudeen, who hails from Thumbay, Mangalore was granted an audience with HRH Princess Haya bint Hussein, at her palace in Dubai.

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This comes just after the Faizal & Shabana Foundation and KEF Company Limited announced a landmark donation of AED 10 Million which was granted to Al Jalila Foundation to aid medical research on cancer, obesity, cardiovascular conditions, diabetes and mental health. In addition, the two entities will collaborate to exchange know-how from their respective global networks, and share the outcomes and findings of new research on health and wellness.
The KEF Company Ltd. is a new era social enterprise founded by Faizal E. Kottikollon, the company operates across India, the Middle East and Singapore. The company has six business verticals – KEF Infra, KEF Health, KEF Education, KEF Agri, KEF Metals and KEF Investments – that focus on the infrastructure, healthcare, education, agriculture, metals and investment sectors respectively. KEF’s industrial forte lies in its ability to create integrated business processes and deliver cutting-edge off-site construction technology and solutions, including precast, prefabricated bathrooms, joinery and aluminum glazing. The company applies this expertise to the creation and upgrades for essential infrastructure, such as educational, healthcare, hospitality, commercial and residential facilities.

KEF Holdings is guided by the philanthropic vision of its founder and Chairman Faizal E. Kottikollon and his wife Shabana Faizal, Vice Chairperson. The company, in close collaboration with stakeholders in the public and private sectors, actively drives, funds and supports high-impact social activities undertaken by the Faizal & Shabana Foundation.

KEF Holdings does this through providing innovative industrial technologies, products and processes designed to create shared value by increasing productivity, quality and sustainability.

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Comments

Firos Ahmed
 - 
Monday, 5 Dec 2016

Al Hamdullilah,Lot of people have rich but same time they are misers too,but its seems Mr.Faizal Kootikolan doing things from his heart which leads him success here and hearafter in sha allah.Do things for allah's sake not for public show off.I believe you are doing charity for allah's sake

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 - 
Friday, 6 May 2016

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News Network
March 18,2020

Bengaluru, Mar 18: BJP MLC Lahar Singh Siroya on Wednesday wrote a letter to Karnataka Chief Minister B S Yeddyurappa, urging him to allow half-an-hour daily discussion in the State Assembly and Council to take stock and review preparation of the government to contain the spread of coronavirus.

"Since the entire world including India is facing an emergency-like situation, it is appropriate for lawmakers to discuss the matter in the legislature. I would like to request you to allow the matter to be discussed every day in the upper house," said Siroya in his letter to the Chief Minister.

He said discussion and suggestions on the issue can help the government to improve the surveillance activities.

He said members of the Assembly can bring realistic information from their districts and present the same before the House.

Stressing that Bengaluru is a global hub of software and electronic industries, Siroya said: "We need to step up surveillance on the improvement of the international community. So, we have to discuss in detail and devise a robust strategy to contain the spread of the disease."

He asserted there is a possibility of people using social media to mislead public.

"lf the government discusses and debates the issue besides making announcements if any, there will be no scope for social media to mislead the public. Media is doing a good job in educating people. So, I would like to request you to involve the media and select NGOs to sensitise people and bring in the preventive mechanism of self-quarantine more effectively," he said.

Two more people have tested positive for COVID-19 in Karnataka on Wednesday, taking the tally of infected persons in the state to 13, Health Minister B Sriramulu said.

A total of 147 positive cases of coronavirus have been reported in India so far, as per the Union Ministry of Health and Family Welfare. The deadly virus has claimed three lives in the country, the first one was reported from Karnataka.

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News Network
July 13,2020

Bengaluru, Jul 13: In an attempt to avoid the ugly scene of migrant workers walking to their native places due to the current week-long lockdown imposed in the state, the Karnataka State Road Transport Corporation (KSRTC) is running 1,600 additional buses on Monday and Tuesday to help them return safely.

The KSRTC has already run 249 additional buses from the State capital and has so far ferried 6,641 passengers and 231 buses have been booked.

The KSRTC appealed to the public not to panic as additional buses have been deployed. "After ensuring social distance and conducting thermal screening, passengers will be allowed to travel. It has already been planned to operate additional buses," the corporation stated in a press release here.

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News Network
March 4,2020

Bengaluru, Mar 4: CM BS Yediyurappa may reconsider plans to hike taxes and curtail populist schemes in his budget on Thursday as the Centre released part of GST compensation it owes the state. Officials said the Centre released the first instalment of the bimonthly compensation for October-November amounting to Rs 2,013 crore.

"This is welcome relief as the government has been scrambling to mobilise funds," said BT Manohar, member of GST consultative committee, government of Karnataka. The second instalment of Rs 1,523 crore is also expected to be released soon.

The CM, in his seventh budget, is expected keep the focus firmly on farmers and give top priority to irrigation, agriculture and welfare schemes.

The irrigation sector is expected to land the lion's share with an allocation of at least Rs 25,000 crore, followed by agriculture. Former CM Kumaraswamy had allocated over Rs 17,000 crore for water resources.

The bulk of funds is likely to go to the Upper Krishna (UKP) and Upper Bhadra projects, as it will help backward Kalyana Karnataka and central Karnataka regions. The two are also significant political blocs. The government will also seek assistance from the Centre for the UKP project in the erstwhile Hyderabad-Karnataka region, which enjoys special status under the Constitution owing to its backwardness. P4

Yediyurappa is also expected to spell out populist schemes for the poor.

Former CM HD Kumaraswamy had allocated Rs 17,212 crore in the previous budget for water resources and Yediyurappa is likely to go well beyond that figure. "Priority will be given to irrigation and farmers," Yediyurappa had said recently. "I am making efforts to present a budget within the financial constraints."

he amounts are released once every two months, but the Centre had fallen behind on payments. PX

"There are indications that another payment will be made."

The state's optimism stems from the fact that the Centre's GST collection crossed the Rs 1 lakh crore-mark for four successive months till February.

However, the CM could still hike tax rates marginally. At a pre-budget meet on resource mobilisation where Yediyurappa is learnt to have expressed willingness to borrow funds, officials from the finance department advocated raising tax rates instead.

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