AlWaleed Real Estate has announced its support for the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU) by providing one endowment scholarship for medicine in the University.

The endowment initiative was launched by the Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC) in coordination with Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU).

The concept of medical education endowment was established to strengthen the utilization of endowment through innovative applications into projects that are not necessarily confined to traditional frameworks.

Based on this initiative, AlWaleed Real Estate will receive the Dubai Endowment Sign from the MBRGCEC, one of the key initiatives under the Mohammed bin Rashid Global Initiatives, in recognition of its contribution to the community as a model for private sector enterprises.  This sign gives procurement privileges for the private sector with Government of Dubai entities.

The Mohammed Bin Rashid Global Centre for Endowment Consultancy, one of the Mohammed bin Rashid Global Initiatives, will oversee the largest global initiative to revive Endowments including legislation and rules for endowments, products and services and the Endowment district.

The new Centre will work on the implementation of the Dubai Awqaf and Endowments Strategy and achieving the Global Vision in this area by stimulating and empowering awqaf and endowments to meet the pressing social needs of people.  – TradeArabia News Service