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The fellows will pursue Master's degrees in business administration (MBA), public administration (MPA), public policy (MPP) and finance at premier international universities, including the University of Cambridge, Harvard University, the London School of Economics, Stanford University, Columbia University, Monash University, London Business School, New York University and the University of Melbourne.
The programme was announced as a personal initiative of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, at the World Economic Forum on the Middle East in 2007.
The fellowship will cover all costs related to their education, including tuition fee, books, accommodation, stipend and travel for the duration of their study programme.
Upon completion of their studies, the fellows will return to the Arab world and take up employment in their respective fields.
Mustafa Al Ansari, vice-president, Operations, the Mohammed bin Rashid Al Maktoum Foundation, said: "One of the top priorities of the foundation is to invest in the right calibre of young people by equipping them with further know-how that will drive the development efforts across the Arab world." The main objective of the programme is to curb the brain drain and to retain talented youth who will foster the over-all development of the Arab world.
Saleh Abu Kamel, a recipient of the foundation's fellowship for Master of Public Policy at Harvard University, said: "The scholarships have offered Arab youth, like me, an unprecedented opportunity to pursue higher education at the most prestigious universities of the world. In doing so, the foundation is not only helping a whole generation fulfil its dreams and ambitions but also ensuring that we return to the Middle East and apply the skills that we have learned to ensure development of the region as a whole."
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