Page 387 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
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3/20/24, 1:00 PM Mohammed bin Rashid Al Maktoum Global Initiatives, Sobha Realty signed a charitable grant agreement to establish an AED 400 …
Mohammed bin Rashid Al Maktoum
Global Initiatives, Sobha Realty
signed a charitable grant agreement
to establish an AED 400 million
endowment university in Dubai,
marking one of the UAE’s largest
charity donations
By The Indian Bulletin Online - March 19, 2024
UAE, [Dubai], 19 th March 2024: In the presence of His Highness Sheikh Hamdan
bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Vice Chairman of
the Board of Trustees of Mohammed bin Rashid Al Maktoum Global Initiatives
(MBRGI), MBRGI and Sobha Realty signed a charitable grant agreement for the
establishment of an endowment university in Dubai, as part of the Mothers’
Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al
Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to
honour mothers by establishing an AED 1 billion endowment fund supporting the
education of millions around the world.
Under the agreement, Sobha Realty will construct and develop an AED 400 million
university campus building in Dubai over4 years, marking one of the UAE’s largest
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