Tuesday 21 May 2024

West Group donates $35m to Mothers' Endowment initiative

DUBAI, March 30, 2024

The UAE's West Zone Group has announced a donation of AED130 million to establish an endowment building, the proceeds from which will go towards supporting educational initiatives of the Mothers’ Endowment campaign launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
The donation was announced in the presence of HH 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), said a Wam news agency report. 
The campaign aims to honour mothers by establishing an AED1 billion endowment fund that offers a sustainable means of supporting the education of millions around the world.
The donation comes under an agreement signed between MBRGI and the West Zone Group that will see the latter develop the endowment building and dedicate proceeds generated from it to support education projects. 
The West Zone Group’s donation is part of a massive community response to help realise the goals of the Mothers’ Endowment campaign, which revives the culture of endowments as a development tool, promotes the tradition of honouring parents, besides kindness, compassion, and a spirit of solidarity in society while highlighting the crucial role of mothers in nurturing families and supporting education. 
The campaign also strengthens the UAE’s leadership in humanitarian causes as it offers a sustainable endowment that provides opportunities for education and empowerment across underprivileged communities.
Mohammed Al Gergawi, Secretary General of the MBRGI, said the Mothers’ Endowment campaign reflects the vision of His Highness Sheikh Mohammed bin Rashid for providing millions around the world with the basic elements of a decent life, starting with education, thus aiding underprivileged sections of society enhance their knowledge and skills and aspire for a better life. He commended the stupendous community response to the campaign across the UAE since its launch.
“The agreement with West Zone Group is part of a massive response inspired by the Mothers’ Endowment campaign, which coincides with the Holy Month of Ramadan. The new endowment building will significantly contribute to realising the campaign’s objectives, while supporting MBRGI’s efforts to spread knowledge and implement educational projects around the world,” he added.


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