Page 364 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

The project will be handed over to Mohammed bin Rashid Al

Maktoum Global Initiatives (MBRGI), who will cooperate with an

international university to run the endowment varsity.

With a capacity of 2,000 students, the endowment university aims to

diversify higher education options in Dubai for domestic and

international students, a release from Sobha said. Sobha Realty

signed a charitable grant agreement with MBRGI to set up the

university as part of the Mothers’ Endowment campaign, launched

by Sheikh Mohammed bin Rashid Al Maktoum, vice president and

prime minister of the UAE and ruler of Dubai.

The Mothers’ Endowment campaign was launched by Al Maktoum

by establishing an AED 1 billion endowment fund supporting the

education of mothers around the world.

Sobha group has a listed real estate company, Sobha, in the country.

https://www.financialexpress.com/business/investing-abroad-sobha-realty-to-build-university-in-
dubai-3430848/