A UAE family business has donated AED40 million to the Life Endowment campaign, supporting healthcare for chronic illness patients and People of Determination. The initiative by Awqaf Abu Dhabi promotes sustainable healthcare funding and community solidarity.
AWQAF Dubai and Al Jalila Foundation have partnered to develop a seven-story, AED 38.5 million endowment facility at Hamdan Bin Rashid Cancer Hospital. The building's revenues will support cancer treatment, reinforcing Dubai's commitment to sustainable healthcare and philanthropy.
AWQAF Dubai has partnered with Parkin PJSC to enhance and diversify sustainable endowment streams in alignment with Dubai's economic agenda. The partnership includes joint investment in multi-storey parking facilities, with AWQAF Dubai funding the development and Parkin managing operations.
The Endowments and Minors' Trust Foundation in Dubai (AWQAF Dubai) has announced the distribution of AED 30.4 million in profits from investments made on behalf of minors and those under guardianship for the year 2024.