Cooperation between "Eagle Hills" and"Abu Dhabi Endowments" To implement a project "Umm Al Emarat City" One billion dirhams in support of the campaign "Umm Al Emarat Endowment for Orphans"

ABU DHABI, 19 March / WAM / Eagle Hills Company signed a memorandum of understanding with the Endowments and Minors’ Funds Management Authority – Abu Dhabi Endowments, to implement a commercial project worth one billion dirhams, bearing the name “Mother of the Emirates City” in honor of the tireless efforts made by Her Highness Sheikha Fatima bint Mubarak, “Mother of the Emirates”, President of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, Supreme Chairwoman of the Family Development Foundation, and the proceeds from the project will be allocated to support the campaign. “Mother of the Emirates Endowment for Orphans”, which was launched by the Authority under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, may God protect him, with the aim of providing a sustainable endowment funding source for orphan care in the country.

The agreement signing ceremony took place in the presence of His Excellency Abdul Hamid Mohammed Saeed, Chairman of the Endowments and Minors’ Funds Management Authority “Abu Dhabi Endowments”, His Excellency Dr. Mugheer Khamis Al Khaili, Secretary General of the Zayed Humanitarian Legacy Foundation, His Excellency Mohamed Al Abbar, Chairman of the Board of Directors of “Eagle Hills”, Hisham Ibrahim, CEO of Eagle Hills Group, and His Excellency Fahd Abdul Qadir Al Qasim, Director General of the Endowments and Minors’ Funds Management Authority “Abu Dhabi Endowments”.

Under the memorandum of understanding, Eagle Hills will develop and implement the project to contribute to achieving sustainable endowment returns, which will be directed to support orphans in the fields of education, health care and decent living, ensuring the continuity of the campaign’s humanitarian impact and enhancing the endowment’s role as an effective development tool.

His Excellency Abdul Hamid Mohammed Saeed, Chairman of the Endowments and Minors’ Funds Management Authority, “Abu Dhabi Endowments,” said: “This agreement represents an important milestone in the development of the endowment system in the Emirate of Abu Dhabi, by employing qualitative partnerships to launch endowment projects with a sustainable economic and social impact. The ‘Mother of the Emirates City’ project comes to reflect our approach towards maximizing the return on endowment assets and directing it to support the most needy groups, especially orphans, in a way that ensures sustainability.” resources and enhancing quality of life.

For his part, His Excellency Mohammed Al Abbar, Chairman of the Board of Directors of Eagle Hills: “At Eagle Hills, we believe in the importance of supporting national initiatives that invest in people and create a sustainable impact on society. This agreement comes from our commitment to contribute to the development of quality projects that generate sustainable endowment returns, and contribute to empowering orphans and providing them with better opportunities for education and a decent life, in line with the UAE’s vision of promoting sustainable development and community cohesion.”

His Excellency Dr. Mugheer Khamis Al Khaili, Secretary General of the Zayed Humanitarian Legacy Foundation, said that this agreement is an advanced model in employing strategic partnerships to develop qualitative endowment projects that create a sustainable impact on society. It also reflects the UAE’s continued approach to transforming humanitarian work into an integrated development system, as an extension of the legacy of the late Sheikh Zayed bin Sultan Al Nahyan, may God rest his soul, whose deep-rooted values ​​of giving and humanitarian work still form the basis of the country’s approach. This project comes to enhance the efforts made to support orphans through innovative solutions that ensure the sustainability of resources and expand the scope of the humanitarian impact.”

This step comes within the framework of the broad community interaction enjoyed by the “Umm Al Emarat Endowment for Orphans” campaign from various institutions, entities and individuals, which reflects the values ​​of giving and solidarity rooted in UAE society, and contributes to consolidating the sustainable endowment model as one of the pillars supporting social development.

The “Umm Al Emarat Endowment for Orphans” campaign aims to transform contributions into sustainable endowment assets managed in accordance with best practices, ensuring the provision of long-term support for orphans, and consolidating the concept of endowment as an effective development tool that contributes to building a cohesive and sustainable society.

The Endowments and Minors’ Funds Management Authority – Abu Dhabi Endowments launched the “Mother of the Emirates Endowment for Orphans” campaign as a humanitarian initiative that reflects the UAE’s established approach to charitable work, and aims to provide a sustainable endowment funding source that meets the needs of orphans and enhances their quality of life in the long term.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter