Spot gold was slightly down at $2,335.13 per gram on Monday
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Little Saif Ismail is from Morocco and suffers from spinal muscular atrophy, a rare genetic neuromuscular disease that causes muscles to become weak.
His treatment, costing a whopping Dh9 million, would've been impossible to afford for his parents, who were desperate to help their only child.
Four days ago, the International Charitable Organisation opened a donations account in a bid to give the toddler a shot at a better future.
Little could Saif's parents have imagined that help would come from the royal family itself. While several donors stepped forward to extend support, the family was still short of their target requirement.
However, Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, wife of the Crown Prince of Fujairah, has since offered to fund the remainder of the cost.
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Expressing the family's gratitude, Saif's mother Hayat Mubda told Khaleej Times that Sheikha Latifa’s humanitarian action is not new to the people of the Emirates; everyone is aware of her generosity.
She spoke of how her son was unable to breathe or swallow due to the disease.
Sheikha Latifa’s initiative reflected the path that the UAE wise leadership took to help other people inside and outside the UAE, she added.
Hayat also thanked the International Charitable Organisation for opening the donation account.
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