Page 388 - 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 …
        charity donations. The project will be handed over to MBRGI who will cooperate with

        a prestigious international university that will run the endowment university.



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

        further diversify higher education options available in Dubai to domestic and
        international students in undergraduate and postgraduate programmes.




        International standards



        His Excellency Mohammad Al Gergawi, Secretary General of Mohammed bin Rashid

        Al Maktoum Global Initiatives, said the establishment of an endowment university

        according to the highest international standards in Dubai reflects the vision of His
        Highness Sheikh Mohammed bin Rashid Al Maktoum of prioritizing education as the

        core of human civilization, and the optimal path towards realizing aspirations of

        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 deep understanding of the true meaning of
        charity and humanitarian work as means to drive progress and empower

        impoverished individuals by providing them with education and the hope that they

        can create a better future,” His Excellency Al Gergawi said.





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        “The charitable grant agreement signed with Sobha Realty is one step ahead

        towards achieving the main objective of the Mothers’ Endowment campaign, by

        allowing thousands of students from the UAE and the region to enroll and finish their
        higher education within a model educational environment,” he added.




        PNC Menon, Founder and Chairman of Sobha Realty, said: “The charitable grant
        agreement signed with MBRGI is part of our collaboration to implement impactful


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