Page 406 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
P. 406

Mohammad Al Gergawi, Secretary General of the Mohammed bin Rashid
               Al Maktoum Global Initiatives, said the establishment of an endowment
               university in Dubai that meets the highest international standards in
               education and research reflects Highness Sheikh Mohammed bin Rashid
               Al Maktoum’s belief in the role education plays in advancing human
               civilization and achieving prosperity, stability and development.
               “The Mothers’ Endowment campaign, which aims to honour mothers by
               establishing an endowment fund that supports the education of millions
               of people across underprivileged communities, reflects a profound
               understanding of the true meaning of charity and humanitarian work as
               catalysts for progress and empowerment. By providing impoverished
               individuals with high quality education, the initiative provides them with
               the hope and means to create a better future,” Al Gergawi said.
               “The charitable grant agreement signed with Sobha Realty is another
               significant step towards achieving the goals of the Mothers’ Endowment
               campaign. It will enable thousands of students from the UAE and the
               region to enroll and finish their higher education within an exemplary
               educational environment,” he added.
               PNC Menon, Founder and Chairman of Sobha Realty, said: “The charitable
               grant agreement signed with MBRGI is part of our efforts to promote
               collaboration to implement impactful projects that benefit vulnerable
               populations across many countries. This agreement is particularly
               important to Sobha Realty due to its association with the Mothers’
               Endowment campaign, as well as the Group’s keenness to support charity
               and humanitarian initiatives launched by the UAE to help millions around
               the world.”
               “We are excited to be one of the contributors to the Mothers’ Endowment
               campaign, and the entity responsible for developing the campus building
               of the endowment university in Dubai. We strongly believe that investing
               in the endowment university will reap huge benefits in the future, both
               locally and regionally, positively impacting development efforts while
               reinforcing Dubai’s status as a global destination, and an incubator of
               knowledge,” he added.
               Strong culture of endowments
               The endowment university, which aims to provide thousands of students
               with education opportunities, demonstrates the maturation and evolution
               of the UAE’s culture of endowments.
               The Mothers’ Endowment campaign, launched by Sheikh Mohammed bin
               Rashid Al Maktoum on March 4, and organised by the Mohammed bin
               Rashid Al Maktoum Global Initiatives, allows contributors to honour their
               mothers by donating on their behalf. It aims to provide education and
               vocational training to underprivileged individuals by supporting education
               across all levels and vocational tracks, giving them a chance to improve
               their quality of life, build their capabilities and equip themselves with the
               skills needed to succeed the job market, which will ultimately support
               development in their communities.





               https://www.khaleejtimes.com/uae/education/dubai-dh400-million-endowment-university-to-
               offer-diverse-higher-education-options
   401   402   403   404   405   406   407   408   409   410   411