Page 224 - SOBHA REALTY PR REPORT - MARCH 2024 (ENGLISH)

spending, which grew by AED 400 million compared to 2022 across its five pillars,” he
added, commending the efforts of MBRGI staff and more than 160,000 volunteers.

The ceremony included highlights of MBRGI key projects and inspiring stories of
beneficiaries around the world, and presented a summary of the Mothers’ Endowment
campaign which aims to honor mothers by establishing a AED 1 billion endowment fund
to sustainably support the education of millions around the world.

Significant contributions

During the ceremony, His Highness Sheikh Mohammed bin Rashid Al Maktoum
bestowed the “Mohammed bin Rashid Al Maktoum Medal for Philanthropy” to major
contributors to humanitarian efforts and charity campaigns, in acknowledgment for their

generosity, including their significant contributions to the Mothers’ Endowment
campaign. Personalities honored with this medal included P.N.C Menon, Founder and
Chairman of Sobha Realty; Naresh Bhawnani, Founder and President of West Zone
Group; Mirwais Azizi, Founder and Chairman of Azizi Developments and Abdul Rahim
Mohammed Belghozooz Al Zarooni, Founder and Chairman of Al Zarooni Group of

companies.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum also honored a
group of major contributors to, and partners of the Mothers’ Endowment campaign
including H.E. Staff Major General Pilot Faris Khalaf Al Mazrouei, Abu Dhabi Police

Commander-in-Chief; His Excellency Mattar Al Tayer, Director General and Chairman
of the Board of Executive Directors of the Roads and Transport Authority in Dubai
(RTA); Dr. Mahdi Al Fardan, Vice Chairman of Alfardan Group; His Excellency Saeed Al
Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA);

His Excellency Abdullah Al Basti, Chairman of the Board of Trustees of Mohammed bin
Rashid Al Maktoum Humanitarian and Charity Establishment (MBRHC); H.E. Lieutenant
General Dhahi Khalfan Tamim, Chairman Board of Trustees of the Saeed Ahmed
Lootah Charity Foundation; Yahya Saeed Lootah, Vice Chairman of the Board of

Trustees of the Saeed Ahmed Lootah Charity Foundation; Sultan Ahmed bin Sulayem,
Chairman and CEO of DP World; Huda Al Rostamani; Board Member and Director at
AW Rostamani Group; Rizwan Sajan, Founder and Chairman of Danube Group;
Siddharth Balachandran, Executive Chairman & CEO of Buimerc Corporation; Atif

Rahman, Founder and Chairman of ORO24 Real Estate Developments; Gheyath

https://www.zawya.com/en/press-release/government-news/mohammed-bin-rashid-chairs-mbrgi-
board-of-trustees-meeting-announces-results-of-its-year-in-review-2023-report-a9bu0tll