DUBAI, 24 September 2007 — Memon Investments, Dubai-based property developer and a part of the international business conglomerate Memon Group of Companies, has outlined a corporate social responsibility (CSR) campaign for the Middle East, which entails sponsorship and support to a host of charitable institutions, environmental agencies and other NGOs across the region.

The company said in a statement yesterday that it is participating in the “Safe & Sound” campaign with Bur Juman’s Breast Cancer Awareness Program as the official annual sponsor. This will mark Memon Investment’s first CSR undertaking in the region and it follows the long list of CSR initiatives embarked on by the company, the statement said.

Memon Investments’ commitment to CSR will develop into a course of actions to elevate the value of life for the different segments of society.

Consequently, the company plans to engage in programs that aim to alleviate the burdens of poverty and promote quality education, and is currently in the process of forming alliances with other NGOs and charitable institutions as further means to follow the footsteps of Memon Group whose support to a charitable organization under their banner “The Rabia Charitable Foundation” has spanned 15 years.

Focusing on women’s health issues, Memon Investments is targeting breast cancer, the most prevalent type of cancer, which in recent studies is found to strike one in eight women all over the world.

“Breast cancer affects not just women but the whole community. As a responsible corporate citizen, we have been furthering our contributions toward various social causes globally over the past three decades. As our first step toward this in the region, we have identified ‘Safe & Sound’ as the extensive and effective campaign of its kind in the region,” said Princy Philip, manager, Marketing and Corporate Communications, Memon Investments.

The Rabia Charitable Foundation has built schools and computer institutes with subsidized fees, mosques, hospitals that offer subsidized rates for the general public and free treatment for registered and homeless people, units with self-generating income facilities and housing projects that presently shelters over 3,200 families.

In addition, a nationwide support group called the Rabia Relief Fund, which provides funds, food, medical aid and housing to victims during natural calamities, as well as to other key organizations supporting other social causes, are well assisted and maintained by the group.