Page 397 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
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3/20/24, 1:02 PM   Mohammed bin Rashid Al Maktoum Global Initiatives, Sobha Realty signed a charitable grant agreement to establish an AED 400 …
           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.



           “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 projects that benefit vulnerable

           populations across many countries. This agreement is particularly

           important to Sobha Realty due to its association with Mohammed bin

           Rashid Al Maktoum Global Initiatives, as we are keen to support charity

           and humanitarian initiatives launched by the UAE to help millions

           around the world.”



           “We are thrilled to be among contributors to the Mothers’ Endowment

           campaign, and the entity responsible for developing the upcoming

           campus building 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

           solidifying Dubai’s status as a global destination, and an incubator of
           knowledge,” he added.



           Major step



           The endowment university, which aims to provide thousands of

           students with education opportunities, reflects how a culture of

           endowments has matured and evolved in the UAE.




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