The Endowments and Minors’ Funds Authority – Awqaf Abu Dhabi - has signed a memorandum of understanding with LuLu Group International to develop a portfolio of commercial projects valued at AED100 million ($27.23 million) on Awqaf Abu Dhabi endowment land, with returns supporting long-term care and improved quality of life for orphans in the UAE.
Yusuff Ali M A, Chairman of Lulu Group International, has contributed AED150 million ($40.84 million) in support of the “Mother of the Nation Endowment for Orphans” initiative.
