Gergawi to head Mohammed Foundation

DUBAI — His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued a resolution appointing Mohammed bin Abdullah Al Gergawi, Minister of State for Cabinet Affairs, as chairman of the board of the Mohammed bin Rashid Al Maktoum Foundation. The resolution took effect as of Saturday, May 26, 2007.

By (Wam)

Published: Sun 27 May 2007, 8:36 AM

Last updated: Sun 5 Apr 2015, 4:28 AM

The major initiative seeks to promote human development and provide hope and opportunity by investing in education and the development of knowledge in the region.

Shaikh Mohammed made the announcement in a keynote address on May 19 at the World Economic Forum on the Middle East which was held at the Dead Sea in Jordan.

The Mohammed bin Rashid Al Maktoum Foundation, which will be launched with an endowment of $10 billion, aims to open doors for forthcoming generations of leaders of the region to shape their future by equipping them with world-class knowledge and education.

The Foundation will source and manage a wide range of initiatives including the establishment of high-quality research programmes and research centres, and the provision of scholarships to students to attend leading universities and institutes.

It will also support research in universities across the region. In addition, the Foundation will provide leadership programmes for youth in government, the private sector and in non-governmental organisations. Scholarships and research grants will also be given to authors and researchers in the region.

The initiative, the largest of its kind in the region, will put in place the necessary infrastructure to facilitate and encourage knowledge creation and dissemination. The foundation will be based in the United Arab Emirates and will implement its programme later this year.