Crown Prince Sheikh Hamdan witnessing the signing of charitable agreement between PNC Menon, Founder and Chairman of Sobha Realty, and Mohammad Al Gergawi, Secretary General of MBRGI
Dubai: Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, unveiled plans for a new university in the emirate as part of the Mothers' Endowment Initiative. The project is boosted by a donation of Dh 400 million from Shobha Realty.
Sheikh Hamdan expressed gratitude towards Sobha Realty for their generous contribution towards the establishment of the university.
"We signed an agreement today to establish a new university in Dubai, backed by a Dh400 million donation from Sobha Realty," Sheikh Hamdan stated on X.
Mohammad Al Gergawi, Minister of Cabinet Affairs, highlighted the significance of the university project in meeting international education standards.
"The charitable grant agreement signed with Sobha Realty is another significant step towards achieving the goals of the Mothers’ Endowment campaign," Al Gergawi said.
The Mothers' Endowment Initiative, launched by Sheikh Mohammed bin Rashid Al Maktoum Global Initiatives, aims to support educational needs globally, especially for underprivileged communities.
"It will enable thousands of students from the UAE and the region to enrol and finish their higher education within an exemplary educational environment," Al Gergawi added.
PNC Menon, Founder and Chairman of Sobha Realty, said: “The charitable grant agreement signed with MBRGI is part of our efforts to promote collaboration to implement impactful projects that benefit vulnerable populations across many countries. 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.”
Sheikh Mohammed bin Rashid emphasized the transformative power of knowledge and the UAE's commitment to providing education and hope to people worldwide.
"Our role in the UAE is to help ensure that people everywhere have education, hope, and life. We have to contribute to creating a better future around the world," Sheikh Mohammed asserted.
The announcement of the new university in Dubai marks a significant milestone in the efforts to enhance education and empower communities. With the support of initiatives like the Mothers' Endowment, the UAE is paving the way for a brighter future for all.