Page 404 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
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3/19/24, 11:57 AM                       New Dubai university funded with $108.9mln donation by developer








































        Dubai skyline. Image Courtesy: D&B Properties
        EDUCATION
        New Dubai university funded with $108.9mln

        donation by developer


        Sobha Realty made the donation under the Mother’s Endowment initiative

        Staff Writer, ZAWYA



        March 18, 2024

        A new university is to be established in Dubai following an AED 400 million ($108.9 million) donation
        from Sobha Realty under the Mother’s Endowment initiative.


        The donation by the Dubai-based real estate developer was announced on X by Dubai's crown

        prince, Sheikh Hamdan bin Mohammed.


        The Mother’s Endowment was launched by Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum,
        who is also Vice President and Prime Minister of the UAE, to establish an AED 1 billion fund to
        support education globally.











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