Arab Today, arab today uae businessman pledges one third of his assets
Last Updated : GMT 23:31:10
Arab Today, arab today
Arab Today, arab today

To launch Abdullah al-Ghurair Education Foundation

UAE businessman pledges one third of his assets

Arab Today, arab today

Arab Today, arab today UAE businessman pledges one third of his assets

UAE businessman Abdullah Ahmad al-Ghurair (C)
Abu Dhabi - Arab Today

A UAE businessman Abdullah Ahmad Al Ghurair has pledged one third of his assets to launch Abdullah Al Ghurair Education Foundation, which will invest in innovative high impact programmes that will improve the quality of education at the primary and secondary levels.

It will also help a minimum of 15,000 promising Arab youth from underprivileged backgrounds to pursue quality higher education for a value of Dh 4.2 billion over ten years.

A legally registered entity, the Foundation owns one third of the assets of the Abdullah Ahmad Al Ghurair group of companies, including all revenues and profits. The Foundation's board of trustees is chaired by AbdulAziz Al Ghurair, son of Abdullah Ahmad Al Ghurair.

The launch of the Foundation was announced by AbdulAziz Al Ghurair at a press conference which coincided with UAE Humanitarian Work Day, held to honour the legacy of the founding father of the United Arab Emirates, Sheikh Zayed bin Sultan Al Nahyan.

The Foundation will award grants based on a highly competitive process. It will work in partnership with the best education institutions in the region and the world. It will also promote academic subjects that address the needs of the local and global economy and the priorities of nation building. Grants for higher education will be made through a clear and transparent process and awarded based on merit to Emirati and Arab youth in need of financial assistance.

AbdulAziz Al Ghurair quoted his father's words who said, "Education is the cornerstone of prosperous, progressive and inclusive societies, and essential for the sustainable development of our nation and the empowerment of our future leaders."

"For many years, the UAE has been known for helping less fortunate countries and individuals. The launch of the Foundation, therefore, is an extension of what our Leadership is already committed to doing. Improving the quality of education and equipping our youth with the skills to succeed in the 21st century is key to reducing unemployment – among the Arab world's most pressing challenges – and to building peace and prosperity in our region."

"And it is through education that we will effectively tackle inequality, enabling youth from low-income families to fulfil their individual potential and to help their communities thrive," he added.

Abdullah Al Ghurair Education Foundation will target UAE nationals and Arab citizens living in the UAE before expanding to include Arab youth across the Arab World.

As one of the largest privately funded philanthropic initiatives devoted to education in the Arab World, the Foundation hopes to inspire a stronger culture of private philanthropy in the field of education. The Foundation will also work with the regional and international education community to raise awareness of the need to increase private philanthropic investment in education.

According to Abdullah Ahmad Al Ghurair, "The leadership of the UAE has always prioritized the welfare of its people and has been a champion for the wider Arab community."

"In recognition of their vision and as a continuation of their legacy, my family and I have accepted a greater responsibility to open the doors of opportunity to the next generation."

"The Foundation will forge a path for greater collaboration between philanthropic organisations, the private sector and education institutions. The bold ambitions of the UAE and our neighbouring Arab countries can only be realised if our region's future leaders are given the necessary tools," said Abdul Aziz Al Ghurair.
Source: WAM

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae businessman pledges one third of his assets Arab Today, arab today uae businessman pledges one third of his assets

 



Arab Today, arab today
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Education: التعليم أخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday