By Bernd Debusmann Jr
Hussain Dawood is chairman of Dawood Hercules Group, and has been a Dubai resident since 2017
Dubai-based businessman Hussain Dawood has pledged $6 million to help combat the ongoing coronavirus pandemic in Pakistan, it was announced on Wednesday.
Dawood is chairman of Dawood Hercules Group, which includes Dawood Hurcules Corporation, Engro Corporation, the Dawood Foundation and Karachi School of Business and Leadership.
“We as a family and as a Group are committed to playing our part in helping solve the most pressing issues of our time and are donating to Pakistan to help the country overcome this pandemic,” Dawood said.
“I pray that this aids the relief efforts and helps to reverse the time of this pandemic,” he added.
In a statement, Dawood said that the funds will be allocated to both government and non-governmental organisations in the country, including private initiatives.
Areas earmarked for funds include disease prevention, the protection and support of frontlline healthcare workers and enabling patient care.
“This global pandemic has exposed many areas of improvement, but also shined a light on the generosity and altruism of our fellow human beings, particularly healthcare workers across the world,” Dawood added. “In the UAE and Pakistan specifically, the nations’ valued healthcare practitioners are risking their lives to ensure Covid-19 patients are getting the right care.”
“In Pakistan, the country’s lockdown is impacting society’s most vulnerable and those who rely on a daily wage to feed themselves and their families,” he added. “We are determined to play our part in supporting Pakistan in its fight against the pandemic.”
Dawood haas been a resident of Dubai since 2017 and is a member of the University Leadership Council (ULC) under the chairman of Sheikh Nahayan bin Mubarak Al Nahayan. He has also served on the board of the London and Asia House and has been a member of the World Economic Forum since 1992.