Dragon City sign MoU with RCO
(Manama) – Dragon City has signed a Memorandum of Understanding (MoU) with the Royal Charity Organisation (RCO).
The agreement was signed Wednesday, September 20, under which the “Dragon Charity Fund” will contribute to aid the less than well-off members of society.
Established by His Majesty King Hamad Bin Isa Al Khalifa in 2001, the Royal Charity Organization sponsors widows and orphans, in addition to caring for the elderly and those with special needs. The organisation provides social, health and educational care, in addition to helping reduce the cost of living for needy families.
Dragon City’s involvement with the RCO emanates from its commitment to the concept of Corporate Social Responsibility (CSR), which seeks to promote the benefit of society in general.
Dragon City’s first donation to the fund was made on the first anniversary of its establishment in Bahrain on 27 December 2016. The amount donated was the total sum of contributions from Chinamex Bahrain Management Company, Dragon City’s operating company, as well as the tenants of the mall.
Under this agreement, Dragon City will make an annual donation to Dragon Charity Fund on the date of every anniversary. Donations depend on the tenants contributions either in cash or in kind that will provide relief to those in need.
Patrick Zheng Shou, General Manager of Chinamex, said: “It is an honour to commemorate Dragon City’s establishment with a contribution to such a noble cause. The signing of this memorandum emphasizes Dragon City’s keenness on the wellbeing of the Kingdom of Bahrain in which it operates, and its commitment as an ethical business.”
Yousif Al Yacob, Acting Secretary General of RCO praised the Dragon City’s initiative, and said that it reflects its keenness to promote the welfare of the society. The spokesperson urged other Bahrain-based establishments to follow this example.