Page 404 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

3/19/24, 11:57 AM New Dubai university funded with $108.9mln donation by developer

Dubai skyline. Image Courtesy: D&B Properties
EDUCATION
New Dubai university funded with $108.9mln

donation by developer

Sobha Realty made the donation under the Mother’s Endowment initiative

Staff Writer, ZAWYA

March 18, 2024

A new university is to be established in Dubai following an AED 400 million ($108.9 million) donation
from Sobha Realty under the Mother’s Endowment initiative.

The donation by the Dubai-based real estate developer was announced on X by Dubai's crown

prince, Sheikh Hamdan bin Mohammed.

The Mother’s Endowment was launched by Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum,
who is also Vice President and Prime Minister of the UAE, to establish an AED 1 billion fund to
support education globally.

PHILANTHROPY
UAE
MIDDLE
EAST
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