Transguard Group pledges support to the ’Dirham Wa Bas’ Campaign

Press Release Content

The Transguard Group has pledged its support to the ’Dirham Wa Bas’ Campaign (One Dirham Only), a campaign to raise funds for social care and development projects in the UAE.

The campaign, launched by the Social Responsibility Fund, an Initiative of the Ministry of Social Affairs, will run for three months, raising funds through donation boxes placed in major shopping malls, retail stores and other outlets across the UAE. Dirham Wa Bas is being run in association with the Dubai International Financial Centre.

Transguard’s Cash Services Division will be emptying the donation boxes and processing the cash at their state-of-the-art cash management centre in Dubai.

Pete Waters, Director of Cash Services at Transguard, said: “We are delighted to be able to lend our expertise to the campaign. With the largest fleet of cash-in-transit vehicles in the region and the most advanced cash processing centre in the Middle East, we are ideally placed to ensure that the fund’s cash is collected, counted and processed efficiently and securely.”

Welcoming the support pledged by the Transguard Group, Abdulaziz Al Hinai, General Manager of the Social Responsibility Fund “The active support of the business sector is critical to the success of the ’Dirham Wa Bas’ Campaign. Transguard’s expertise in processing cash donations will support us tremendously in our effort to run a successful campaign. The ’Dirham Wa Bas’ campaign has emerged as a very good model for social welfare campaigns driven by partnerships between the government and private sectors, and the general public.”

Commenting on the initiative, Mike McGeever, Managing Director of Transguard group, said: “As a company we have a strong commitment to supporting social projects, both here in the UAE and overseas. We recognise the importance of this campaign, not only to raise funds for worthy causes but to raise awareness of the concept of corporate social responsibility and how it enables businesses to support and develop the wider community.”

The Transguard Group, an Emirates Group company, is renowned as the leading security services provider in the region and is an international business support services conglomerate with market-leading operations in the fields of facilities management, cash management, security technology and training, airport services and events management.

Its Cash Services Division offers end-to-end cash management solutions to banks, financial institutions, major retailers, and other corporate/VIP customers throughout the region.

Recognised as the market-leader in all its fields of operation, the division provides services throughout the year from its purpose built premises in Dubai and Abu Dhabi and regional offices in RAK, Al Ain and Sharjah.

Notes and contacts

About the DIFC

The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services.

In just three years, over 650 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange.

In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.

LATEST PRESS RELEASES