Construction for the endowment university in Dubai is set to commence by the end of 2024

By the end of 2024, work is anticipated to start on the endowment university in Dubai, which will be run by an American university. This news follows Sobha Realty's announcement of a grant agreement for charity purposes with Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI). PNC Menon, the founder and chairman of the Sobha Group, disclosed the information in an exclusive interview with Khaleej Times on Thursday. He emphasized that this project is his way of giving back to society and showing his appreciation for the UAE.

Menon emphasized the significance of distributing a sizeable amount of wealth to advance society rather than keeping it all for one's own advantage. The project is a component of the Mothers' Endowment campaign, which was started by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai and Vice-President and Prime Minister of the United Arab Emirates, to honor mothers by creating a Dh1 billion endowment fund that will support millions of people's educational opportunities worldwide.

The endowment university in Dubai seeks to increase the variety of undergraduate and graduate programs offered in Dubai to both domestic and foreign students seeking higher education.