Team Blitz India
Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) and Sobha Realty have signed a charitable grant agreement for the establishment of an endowment university in Dubai.
The agreement forms part of the Mothers’ Endowment campaign, launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice- President and Prime Minister of the UAE and Ruler of Dubai, to honour mothers by establishing an AED1 billion endowment fund.
Pursuant to the agreement, Sobha Realty will construct and develop an AED400 million university campus in Dubai. The contribution represents one of the UAE’s largest charity donations. Upon completion, the project will be handed over to MBRGI.
The proposed endowment university aims to further diversify higher education options available in Dubai to domestic and international students in undergraduate and postgraduate programmes.
Mohammad Al Gergawi, Secretary General of the Mohammed bin Rashid Al Maktoum Global Initiatives, said the establishment of an endowment university in Dubai that meets the highest international standards in education and research reflects Highness Sheikh Mohammed bin Rashid Al Maktoum’s belief in the role education plays in advancing human civilization and achieving prosperity, stability and development.
The Mothers’ Endowment campaign reflects a profound understanding of the true meaning of charity and humanitarian work as catalysts for progress and empowerment. By providing impoverished individuals with high quality education, the initiative provides them with the hope and means to create a better future.
The charitable grant agreement signed with Sobha Realty is another significant step towards achieving the goals of the Mothers’ Endowment campaign. It will enable thousands of students from the UAE and the region to enroll and finish their higher education within an exemplary educational environment.
This agreement is particularly important to Sobha Realty due to its association with the Mothers’ Endowment campaign, as well as the Group’s keenness to support charity and humanitarian initiatives launched by the UAE to help millions around the world.
