Page 435 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

Sheikh Hamdan announces new university in Dubai

backed by Dh400 million donation

Story by Tom Evans
• 23h • 2 min read
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has announced a new university is
to be built in the emirate.

The project is part of the Mothers' Endowment Initiative launched by Sheikh Mohammed bin
Rashid, Vice President and Ruler of Dubai. It has also been backed by a Dh400 million
($108.9 million) donation from Sobha Realty.

“We signed an agreement today to establish a new university in Dubai, backed by an Dh400
million donation from Sobha Realty,” Sheikh Hamdan wrote on X.

“We thank PNC Menon, the group’s founder, for supporting this initiative.”

Mohammad Al Gergawi, Minister of Cabinet Affairs, said the university will meet the highest
international standards in education.

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, with PNC Menon, the founder and chairman of Sobha Realty, at the launch. Photo: Dubai
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dubai-backed-by-dh400-million-donation/ar-BB1k4SEQ