Money and business

718 million dirhams, the value of educational endowment assets in"Dubai Endowments"

DUBAI, 9 APRIL / WAM / The value of educational endowment assets registered with the Endowments and Minors’ Funds Management Foundation in Dubai amounted to 718 million dirhams during the current year, recording a 52% increase compared to last year, and was distributed among 52 endowment assets, the proceeds of which go back to supporting the education sector and empowering students from low-income families.

These assets include 24 real estate endowments worth 663 million dirhams, including buildings, villas, and commercial shops, and 28 financial endowments worth 55 million dirhams, including bonds and financial stocks.

The proceeds from these assets are spent on providing educational opportunities and study supplies for students in cooperation with 45 entities from various educational institutions in the country, as the number of beneficiaries during the year 2025 reached about 3,100 students, both male and female, studying in private schools and a number of national and international universities, while the value of the scholarships provided reached about 5.9 million dirhams.

His Excellency Ali Al Mutawa, Secretary-General of the Endowments Foundation and Minors’ Funds Management in Dubai, stressed that educational endowments constitute a fundamental pillar in supporting students who are unable, and enabling them to continue their education and achieve their educational and academic ambitions.

He added that the noticeable increase in the value of endowment assets this year, which amounted to 52%, reflects the Foundation’s ongoing efforts to expand the scope of support and ensure the sustainability of educational giving.

Al-Mutawa stated that Dubai Endowments continues to develop the educational endowment assets and expand the scope of their beneficiaries to include more students in the coming years, ensuring the continuation of the endowment’s giving, supporting quality education in society, and ensuring a decent life for generations.

Al-Mutawa pointed out the vital role of endowment banks in supporting education and enabling students to acquire knowledge and advance in their career paths, thus contributing to building a sustainable and advanced society.

He appreciated the noble endowment contributions of donors and donors in providing generous and sustainable endowment assets, especially in the education sector, pointing out that investing in education is an investment in the future of generations and the renaissance of the nation.

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