Global
broker XM pledges
€5 million to support recovery efforts after the wildfires that severely
affected various areas in Cyprus, leaving residents reeling from the
destruction left in their wake.
The donation will help urgent frontline needs
and support long-term recovery efforts. The financial support will be based on
a documented needs assessment, carried out in collaboration with relevant
authorities and on-site evaluations.
“We are deeply
saddened by the devastation caused by the wildfires and stand in solidarity
with the communities affected,” said Stavri Morti, co-CEO at XM. “Our thoughts are with every individual and
family impacted, and we are committed to supporting both immediate relief and
long-term recovery efforts with responsibility and care.”
The initiative will be implemented in coordination with
trusted partners, to guarantee that aid reaches those who need it the most, and
ensure that resources are used in a targeted, transparent, and effective
manner.
In addition to the
€5 million donation, XM is launching fire prevention initiatives aimed at
strengthening the country’s preparedness to prevent future fire disasters. These actions will also be carried out in partnership with suitable
collaborators.
“When a community faces challenging times,
it’s our responsibility to rise to the occasion and stand by its side.”
said Morti. “In times of crisis, what
truly matters is showing up with support, not just in words, but in action.”
For
over 15 years, XM has upheld a strong commitment to social
responsibility, consistently supporting communities around the world
in times of need, through humanitarian aid, educational initiatives, and when
unexpected crises occur.
About XM
XM
is an international trading and investment firm with over 15 years of proven
success. The broker stands out for a wide range of award-winning products and
services, superior trading conditions, and outstanding client support.
Trusted
by over 15 million traders across 190 countries, XM is a multi-regulated broker
serving retail traders, investors, and affiliates.
Driven
by a vision to make a positive impact on people’s lives, since its inception XM
has worked with trusted organizations around the world, to support welfare
initiatives in health, education, and more.
#XMSocialResponsibility
This article was written by FL Contributors at investinglive.com.