Dubai’s Educational Endowments Experience Substantial Growth
Awqaf Dubai has reported a noteworthy 52% increase in the value of its educational endowment assets, now totaling AED718 million. This surge signifies a substantial development from the previous year, reflecting the foundation’s commitment to bolstering educational opportunities for underprivileged students.
Expanding the Endowment Portfolio
The Endowment and Minors’ Trust Foundation in Dubai oversees a diverse portfolio comprising 52 educational endowments. These are instrumental in supporting the education sector and broadening horizons for students from lower-income families. The portfolio includes 24 real estate endowments valued at AED663 million, encompassing various properties such as buildings, villas, and retail units. Additionally, there are 28 financial endowments, worth AED55 million, consisting of bonds and shares.
Impact of Endowment Returns on Education
Proceeds from these endowments are strategically invested in educational initiatives through collaborations with 45 educational entities. In 2025 alone, such initiatives benefitted approximately 3,100 students in both UAE and international educational institutions. Scholarships amounting to AED5.9 million were awarded, alongside the provision of essential educational resources and supplies.
Leadership’s Vision and Commitment
His Excellency Ali Al Mutawa, Secretary-General of Awqaf Dubai, emphasized the pivotal role of educational endowments in aiding underprivileged students to continue their academic journeys and achieve their ambitions. He noted that the remarkable growth in endowment assets underscores the foundation’s relentless pursuits to expand its educational portfolio and guarantee the enduring sustainability of charitable contributions within the sector.
Increasing Beneficiaries and Social Impact
Al Mutawa highlighted the foundation’s focus on increasing the number of beneficiaries and amplifying the impact of its educational endowments. The foundation aims to reinforce the enduring social value of these endowments by enabling students to progress in their careers and contribute positively to society. He praised the generous contributions of endowers and philanthropists, emphasizing that investing in education is tantamount to investing in the UAE’s future.
Strategic Partnerships and Sustainable Growth
The announcement underscores Awqaf Dubai’s unwavering dedication to enhancing educational support through sustainable endowment growth and strategic alliances. By continually expanding its endowment assets, the foundation ensures that charitable giving remains a cornerstone of educational support in the UAE, ultimately fostering a knowledge-based society.
