Azizi Developments Announces AED600 Million Donation to Establish Endowment Education Complex
In the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Vice Chairman of the Board of Trustees of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), Azizi Developments announced a donation of AED600 million for the development of an endowment education complex.
The donation is part of the Mothers’ Endowment campaign initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, aiming to honor mothers by establishing an AED1 billion endowment fund for education. This significant contribution, one of the largest charity donations in the UAE, was announced during the signing of an agreement between Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) and Azizi Developments. The agreement entails Azizi Developments' responsibility for developing the education complex as part of the campaign's initiatives.
In a post published on his account on the platform X, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said:
“In a charitable initiative that is among the largest in the country, today I have witnessed the signing of an agreement between MBRGI and Azizi Developments, under which Azizi will develop a AED600 million education complex as a contribution to the Mothers’ Endowment campaign that was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum at the start of the Holy Month of Ramadan.”
“Day after day, the private sector in the UAE proves that it is a reliable partner; in responsibility, in building the nation and in the journey of charity and benevolence across Dubai and the UAE. Thank you,”
he added.
Proceeds from the education complex will be fully dedicated to helping students complete their education, and equipping them with skills needed for the future.
A significant addition to the education sector in Dubai and the UAE, the planned education complex supports MBRGI’s mission to extend education and knowledge to underprivileged communities globally.
Endowment education projects
His Excellency Mohammad Al Gergawi, Secretary General of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), emphasized the growth of new educational endowment projects in Dubai as a reflection of His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision for sustainable charity and commitment to advancing education.
Al Gergawi stated that MBRGI aims to provide opportunities for the next generation to acquire knowledge and keep pace with global advancements across all fields. The agreement with Azizi Developments under the Mothers’ Endowment campaign represents a significant contribution to humanitarian efforts in the UAE, particularly in uplifting underprivileged communities through education. Al Gergawi highlighted education as the optimal investment and insurance against current and future challenges, leading to prosperity and an improved quality of life. He expressed confidence in MBRGI's ability to continue its mission in sustainable education, driven by evolving strategies and the support of UAE philanthropists dedicated to humanitarian initiatives.
Pivotal role of education
Mirwais Azizi, Founder and Chairman of Azizi Developments, expressed shared belief with MBRGI in the pivotal role of education for economic prosperity and social stability. He highlighted their agreement to develop an endowment education complex in the UAE to empower students and contribute to brighter futures. Azizi expressed honor in supporting the Mothers’ Endowment campaign initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, aiming to expand education access and sustainability for underserved communities. He believes the campaign will have a profound and lasting impact, viewing their donation during Ramadan as highly rewarding.
Structured charity initiative
The Mothers’ Endowment campaign, under the Mohammed bin Rashid Al Maktoum Global Initiatives, seeks to promote the culture of endowments for development and reinforce values of honoring parents, kindness, compassion, and solidarity. It aims to establish a sustainable educational endowment, enhancing the UAE's leadership in the humanitarian sector. The campaign encourages community involvement through accessible channels, allowing contributions to be made in honor of mothers, recognizing their pivotal role in nurturing families and supporting children's education.
News Source: Dubai Media Office