Page 255 - SOBHA REALTY PR REPORT - MARCH 2024 (ENGLISH)

3/29/24, 1:28 PM Mohammed bin Rashid chairs MBRGI Board of Trustees meeting, announces results of its Year in Review 2023 report - UAE - Em…
treatment to underprivileged patients from across the Arab world.

Beneficiaries of projects and initiatives under the pillar of Spreading Education & Knowledge increased by 7.1 million people
compared to 2022, amounting to 62.2 million people, while spending increased by AED 29 million to reach AED 242 million.

A major focus of MBRGI as a key human right, education plays a significant role in improving quality of life, driving economic
development and preparing future generations to be capable of creating a better future.

Under this pillar, MBRGI’s Dubai Cares has successfully placed education on top of the agenda for the Conference of the Parties to
the United Nations Framework Convention on Climate Change (COP 28), during the second RewirED Summit which attracted key
officials and focused on turning education into a key element of sustainable development.

Striving to achieve the 4th goal of the UN Sustainable Development Goals for ‘Good Education’, Dubai Cares continued to support
innovative education, as well as technical and vocational training programmes, with a special focus on the provision of education
amidst emergencies and prolonged crises. Beneficiaries of Dubai Cares projects amounted to more than 24 million people from 60
countries by the end of 2023.

The 7th Arab Reading Challenge, which concluded in October 2023, saw the record participation of 24.8 million students from 46
countries, and continued to encourage a love of reading among students as a means to spread awareness of its importance,
promote values of tolerance and moderation, and create a new generation of creative minds.

Other achievements included the 8th Knowledge Summit, organized by Mohammed bin Rashid Al Maktoum Knowledge Foundation
and the UN Development Programme under the theme ‘Knowledge Cities and the 5th Industrial Revolution’, and the Digital School’s
expansion in 2023 to benefit over 108,000 students in 8 countries.
Spending under the Innovation & Entrepreneurship pillar in 2023 amounted to AED 138 million, up AED 10 million from 2022, and
benefited 1.2 million people.
Projects under this pillar aim to cement the status and the UAE as destinations that keep up with accelerated digital transformation

and help communities make the necessary change needed for a better, sustainable future.

Achievements included the 1st Great Arab Minds edition announced its first-ever winner in a bid to support scientific and knowledge
innovations in the Arab World. Additionally, MBRGI partnered with the World Economic Forum to launch the Food Innovation Hub
UAE; an initiative aims to accelerate and expand the scope of innovations and technologies that support sustainable food systems
transformation.
Other achievements in 2023 included the launch of the
revamped Mohammed bin Rashid Al Maktoum Business Award, and the 4th Mohammed bin Rashid Al Maktoum Global Water
Award.

The backbone of several MBRGI projects and initiatives, the Empowering Communities pillar benefited 3.4 million people during
2023, compared to 2.3 million beneficiaries in 2022, with total spending amounting to AED 87.2 million.

Projects under this pillar included further efforts by the Mohammed bin Rashid School of Government, which graduated 5,967 people
from its different programmes in 2023, launch of the Dubai Family Business Management Programme by the Mohammed bin Rashid
Center for Leadership Development, the 4th edition of the Arab Hope Makers initiative with received more than 14,000 applications
within 3 weeks of its launch, and the 21st Arab Media Forum, which attracted 3,000 participants including ministers, influential media
personalities, heads of leading media organisations, as well as thought leaders, intellectuals and writers.

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