SOCIAL DEVELOPMENT - UAE Interact
SOCIAL DEVELOPMENT - UAE Interact
SOCIAL DEVELOPMENT - UAE Interact
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S O C I A L D E V E L O P M E N T245partnership by fundraising and managing donations to developand support community activities in the following areas: Education,Arts and Culture, Research and Development, and Social andEnvironmental Development. Corporations such as Mubadala havebeen closely involved in the creation of the foundation, whoseBoard of Directors includes a range of senior leaders from the<strong>UAE</strong>. A dedicated Endowment Fund will ensure the financialviability of the foundation.In September 2007, the government of Abu Dhabi announcedthat it had earmarked Dh300 million to support the philanthropicactivities of the foundation. The government’s grant is equal tothe total amount received by the foundation from corporatedonors. The government also indicated that it would pay for thefoundation’s expenses to enable it to finance its programmes.KNOWLEDGE FUNDRecognising that education is the key to an Arab renaissance,HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President,Prime Minister and Ruler of Dubai has created the <strong>UAE</strong>-basedU$10 billion Mohammed Bin Rashid Al Maktoum Foundation tohelp build a knowledge-based society throughout the region.The fund, which will be run as an investment trust, will financeeducational initiatives and support government projects throughscholarships, scientific research, development of teaching staffcapabilities and improvement of educational infrastructure.The foundation's programmes are also aimed at enhancing thestanding of scholars and intellectuals in the Arab world.WOMENThe full participation of women in social and economic life isconsidered to be essential for the future of the country. Asoutlined in the <strong>UAE</strong>’s address to the fifty-first session of the UNCommission on the Status of Women, great strides have been madein the empowerment of <strong>UAE</strong> women since the establishment ofthe state. From very rudimentary beginnings, when educationalopportunities were minimal, the percentage of girls enrolled inA student at The EmiratesAviation College forAerospace and AcademicStudies.Initiatives by theKnowledge Fundinclude: the ArabResearch Network, theArab KnowledgeReport, the SchoolTeachers’ network,Online Programme forWomen, Sponsorshipsin Universities, RefugeeLoan Programme andthe Arab DatabaseProgramme.@www.uaeinteract.com/women