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London Business Schools gets scholarship boost

DUBAI, July 30, 2015

The members of London Business School’s alumni community and regional business leaders in the Middle East have pledged a total of Dh3.4 million ($925,477) to strengthen the school’s global scholarship offering, as well as the growth of its research and business education programmes.

The fund will be largely dedicated to the introduction of new scholarships and support for the school’s research programme, said a statement.

The donors included UAE national Muna Al Gurg; Dubai-based Navin and Monica Valrani, Al-Dabbagh Group, whose chief executive officer Amr Al-Dabbagh is a governor of the school, and Kuwaiti businessman Ahmad Alhomaizi, it said.

Meredith Pierce Hunter, director of Development and Alumni Relations, London Business School, said: “We are very grateful to our Middle Eastern donors for their generosity and unwavering commitment to the School.

“The campaign is essential for our ambition to grow. These donations will provide opportunities for the next generation of business leaders to make a significant impact.

“We are proud the donations have come from this dynamic and exciting region to which we have been committed for almost a decade through our Dubai Centre, Executive MBA and Executive Education programmes.”

Al Gurg (Executive MBA 2009) is director of Retail at the Easa Saleh Al Gurg Group and chairwoman of the Young Arab Leaders UAE. Her donation will see the introduction of the Muna Al Gurg Scholarship, which will support students studying on the School’s MBA and Executive MBA programmes.

“An MBA from London Business School gave me the opportunity to grow personally and professionally. It empowered me to succeed in the next chapter of my career. I hope this scholarship offers a similar opportunity to other business leaders as they strive to reach their full potential,” said Al Gurg.

Navin Valrani (Executive MBA 2013), chief executive at the Engineering Services Cluster of the Al Shirawi Group, and his wife Monica Valrani, CEO of Ladybird nurseries in Dubai, made their donation earlier this year.

Their donation will support Indian women of exceptional merit, whose intent is to return to India to use the skills acquired at London Business School.

Alhomaizi (Executive MBA 2010), director of Veritas Capital, has made an unrestricted gift to support the school’s growth over the next five years.

A fourth donation from the Jeddah-based Al-Dabbagh Group will support research at the school’s Deloitte Institute of Innovation and Entrepreneurship (DIIE).

It will fund action-based, micro-entrepreneurship research in developing countries. The research will look at the economic and social impact micro-entrepreneurs can have on the lives of individuals, households and communities, living with poverty. - TradeArabia News Service




Tags: London | business | scholarship | School |

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