West Zone Group announces AED130 million donation in support of the Mothers’ Endowment campaign

  • Date: 30-Mar-2024
  • Source: Emirates 24/7
  • Sector:Financial Markets
  • Country:UAE
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West Zone Group announces AED130 million donation in support of the Mothers’ Endowment campaign



- In the presence of Hamdan bin Mohammed .. West Zone Group announces AED130 million donation in support of the Mothers’ Endowment campaign

- Contribution part of a massive community response generated by the campaign and will fund an endowment building that directs all its proceeds into the campaign

Mohammed Al Gergawi: The new endowment building will significantly contribute to realising the campaign’s objectives, while supporting MBRGI’s efforts to spread knowledge around the world

                                                          

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 the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), the West Zone Group announced a donation of AED 130 million to establish an endowment building, the proceeds from which will go towards supporting educational initiatives as part of the Mothers’ Endowment campaign launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The campaign aims to honour mothers by establishing an AED 1 billion endowment fund that offers a sustainable means of supporting the education of millions around the world.

The donation comes made under an agreement signed between MBRGI