Strong growth driven by real estate
The foundation has noted that the assets are spread across 52 endowments, with the bulk tied to real estate.
A total of 24 property-based endowments, including buildings, villas, and retail units, account for Dh663 million of the portfolio.
Additionally, 28 financial endowments, including bonds and shares, contribute Dh55 million.
Thousands of students benefit
Returns generated from these endowments have been channelled into education support programmes in collaboration with 45 institutions.
Last year, around…
