His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE, announced that the total value of Dubai’s endowment assets has reached AED 11.1 billion. This significant increase reflects the ongoing commitment of Dubai to enhance its endowment sector and support various social initiatives.

During a meeting with senior officials from the Dubai Endowment Fund, Sheikh Hamdan emphasized the importance of diversifying investments to ensure sustainable growth and to maximize returns. He noted that the fund’s strategic investments have contributed positively to the emirate’s economy, supporting several key sectors.

The Crown Prince highlighted that the endowment assets are instrumental in funding various social, cultural, and educational projects across Dubai. This financial strategy aims to reinforce the foundations of the community and ensure long-term benefits for future generations.