GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Government, Legal and Humanity

 
  Share

Endowment to offer Annual University Scholarships to Outstanding Orphans and Minors under AMAF's Care 

Dubai-UAE: 5 October 2017:   Awqaf and Minors Affairs Foundation (AMAF) announced the establishment of its first-ever education endowment, jointly set up under the names of Dawlat Mahmood Al Mahmoud and her late husband Abdulghafoor Ali Gargash with a donation of AED20 million. Annual revenues from the endowment will finance the university education of minors and orphans under AMAF's care.   

The education endowment is the largest of its kind received by AMAF to date, and reflects a mature understanding of the Emirati culture of endowment that supports government efforts in meeting basic human needs and aids long-term sustainable development. Educational and health endowments in particular, create successful models for sustainable charity work and reinforce the value of social capital when used in the right place. 

Revenues from the education endowment will be dedicated towards offering outstanding orphans in AMAF's care university scholarships to study at the University of Dubai, University of Sharjah, Paris-Sorbonne University Abu Dhabi, and other national and international universities operating in the UAE. Furthermore, beneficiary students will be encouraged to pursue specializations that are in demand in the labor market and support the UAE's plans and strategies to enhance its global competitiveness in the future.  

As a gesture of appreciation for Mrs Mahmoud's and her late husband generous allocation, Awqaf and Minors Affairs Foundation has announced that it will name the library at its Family Village to recognize their contributions to the education of AMAF's minors.

Applauding Dawlat Al Mahmoud's and her late husband generous gesture, His Excellency Tayeb Al-Rais, Secretary General of AMAF, said: “This initiative marks an important milestone in the UAE's journey of endowment and charity work. We hope it will inspire Emirati citizens to invest in the country's human capital through similar education endowment initiatives, whose revenues are dedicated to supporting education, knowledge and sustainable development.” 

He added: “The amount of the donation will be carefully invested in financial instruments on AMAF's behalf. Annual revenues garnered from these investments will support the higher education costs of several orphans and minors under AMAF's care at national and global universities. We believe such efforts will significantly help in shaping the skills required in the nation's workforce of the future.”

Drawing upon the experiences of several countries across the globe with regard to education endowments, Al-Rais said: “As Muslims and Emiratis, we have a rich heritage of supporting humanitarian and charitable initiatives. We are inspired by the legacy of the founding father of the UAE, late Sheikh Zayed bin Sultan Al Nahyan, and our wise leadership in developing the education sector in a bid to support the emerging knowledge economy.”

Al-Rais concluded: “As the Year of Giving draws to an end, and we gear up to welcome the Year of Zayed, this generous donation is a clear message that nations can only advance with the efforts and loyalty of their people. Emiratis will continue to serve as role models in generosity as they prioritize the greater good of the country and the world at large. At AMAF, we are resolved to continuing our efforts to spread the culture of giving and charity through collaborating with like-minded individuals and entities for the benefit of the country and its people.” 



Posted by : GoDubai Editorial Team
Viewed 8650 times
Posted on : Thursday, October 5, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Emirates Post Group carries out mock evacuation
Next Story : DED- Ajman to host 4th Emirates Economic Planning Forum
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Bhima Jewellers inaugurates new store in Rolla, Sharjah
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA
Panasonic's latest LUMIX DMC-TZ220 is the Ultimate Travel Companion
Summer Spirit
Instantly Refreshed Hair with HASK
Joyalukkas brings joy to hundreds around the world with summer gold bar giveaway
How to choose the right mascara
Kaya Skin Clinic's Expertise is pushing the Boundaries of Botox
Tissot Chrono XL NBA Team Collection Sporty Gets Smart
Build Your Perfect Skincare Routine with Essentials from Glambeaute.com
Hour Choice presents Coach Astor Collection
Joyalukkas adds a new destination for jewellery lovers in Al-Balad, Jeddah, KSA
Taresh Al Hashimi's Oud Concert Brings Stories from the UAE's Coast to Brazil
Creating #futureclassic: Swatch Launches Skin Irony Collection
Transform your look with the ‘Perfect Brows'
FALL 2018
Delicious Whole Cakes at Sophie's Café from AED99
13 Emirati Authors Launched into the Portuguese Book Market
Dual Front Camera and Artificial Intelligence Power the Next Generation Super Selfies
Head to Modhesh World for Summer Fun Before the School Run
Ferrari introduces the world's first low-bake paint technology
“The world is thirsty for an Arab superhero"
Huawei Consumer Business Group Announces 2018 H1 Business Results
Favourite florals: Bloom with our top floral picks from bebe
Scuderia Ferrari presents ASPIRE collection
Business Wear by Hugo Boss
This Eid gift your someone special from the Hour Choice Eid Special collections.
Introducing the GUESS Jeans Fall 2018 Collection
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital
The Marriott International cyclist team completes 600km R2A cycle challenge
Carl F. Bucherer Presents Adamavi Collection
Carl F. Bucherer's Global Brand Ambassador Li Bingbing and Her Carl F. Bucherer ...
This Eid gift your someone special from the Hour Choice Eid Special collections
Joyalukkas opens newest showroom in Kuwait at Farwaniya
The Rado HyperChrome Ultra Light
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this S...
Cerruti 1881 MOLVENO timepiece and cufflinks
‘The Little Things' That Makes Summer All The More Enjoyable
Garment Grooming at its Finest with Champion Cleaners
Dubai Land Department supports strategic alliance between the UAE and China
Sharjah Takes ‘Year of Zayed' Celebrations beyond Borders
MEFMA reaffirms commitment to promote entrepreneurship & innovation across local...
The 2nd Edition of the Phanes Group Solar Incubator set to kick off 7th August 2018
Danube Properties' Dh550 million Lawnz project at International City, sold out i...
Big Android Breakthrough: Huawei's power packed GPU Turbo upgrade will turn you...
Emirates Intellectual Property Association leads unified efforts to promote adop...
The Sharjah Chamber of Commerce and Industry discusses cooperation with Malaysia
du LaLiga HPC Top Talents Arrive in Spain for 21-day Annual Scouting Camp
Hilton Launches New Platform Dedicated to Offering Guests Bespoke, Unforgettable...
Celebrate India's Independence Day with Sparkles of India