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The annual general assembly of the Qatar Red Crescent
Qatar Red Crescent Society (QRCS) held today its annual general meeting (AGM). The quorum was virtually achieved as stipulated by Law No. 12/2004 concerning private societies and professional associations, and in conformity with QRCS statute. Presided over by Sheikh Abdullah bin Thamer Al Thani, QRCS President, the online meeting was attended by QRCS Secretary-General, Ali bin Hassan Al-Hammadi, board members, and heads of department. Four representatives of the Regulatory Authority for Charitable Activities (RACA) and representative of the external auditing firm Talal Abu-Ghazaleh & Co. International (TAGI) also participated in the meeting. After the approval of agenda items, an overview was given about the operational results of QRCS in 2020. The speakers were Faisal Mohamed Al-Emadi, Executive Director of Relief and International Development Division, Muna Fadel Al-Sulaiti, Executive Director of Volunteering and Local Development Division, Abdullah Sultan Al-Qatan, Executive Director of Medical Affairs Division, and Mohamed Rashid Al-Marri, Director of Communication and Public Relations. As shown in the presentation, QRCS provided social, medical, and awareness services for 1,791,621 beneficiaries in Qatar during 2020, with an overall budget of QR 436,686,968. On the international front, there were diverse relief and development projects for the benefit of 4,278,977 persons in 39 disaster- and conflict-affected countries, costing QR 183,666,423 in total. Then, the external auditor presented the audit report on QRCS's closing financial statements for the fiscal year ended 31 December 2020, which were found valid and generally conforming to the International Financial Reporting Standards (IFRS). Upon the recommendation from external auditor, the AGM members endorsed the audited financial statements and discharged the Board of Directors from liability. TAGI was retained as the external auditor for the fiscal year ending 31 December 2021.