Page 293 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

Industrial Revolution", and the Digital School's expansion in 2023 to benefit
over 108,000 students in 8 countries.

Innovation & Entrepreneurship
Spending under the Innovation & Entrepreneurship pillar amounted to Dh138
million in 2023, up Dh10 million from 2022, and benefited 1.2 million people.

Projects under this pillar aim to cement the UAE as a destination that keeps

up with the digital transformation and helps communities achieve a better,
sustainable future.

Achievements included the 1st Great Arab Minds edition, which announced its

first-ever winner in a bid to support scientific and knowledge innovations in the
Arab World. Additionally, MBRGI partnered with the World Economic Forum to
launch the Food Innovation Hub UAE which aims to accelerate and expand
the scope of innovations and technologies that support the sustainable food
systems transformation.

Other achievements in 2023 included the launch of the revamped Mohammed
bin Rashid Al Maktoum Business Award, and the 4th Mohammed bin Rashid

Al Maktoum Global Water Award.

Empowering Communities
The backbone of several MBRGI projects and initiatives, the Empowering
Communities pillar benefited 3.4 million people during 2023, compared to 2.3

million beneficiaries in 2022, with total spending amounting to Dh87.2 million.

Projects under this pillar included further efforts by the Mohammed bin Rashid
School of Government, which graduated 5,967 people from its different

programmes in 2023; the launch of the Dubai Family Business Management
Programme by the Mohammed bin Rashid Center for Leadership
Development; the 4th edition of the Arab Hope Makers initiative, which
received more than 14,000 applications within 3 weeks of its launch; and the
21st Arab Media Forum, which attracted 3,000 participants, including

ministers, influential media personalities, heads of leading media
organisations, as well as thought leaders, intellectuals, and writers.

https://en.aletihad.ae/news/uae/4474344/mohammed-bin-rashid-chairs-mbrgi-board-of-trustees-
meeting