UAE: Dh70 million endowment project to support people of determination, chronic patients

The Endowments and Minors Funds Authority (Awqaf Abu Dhabi) and Aldar have partnered to develop a real estate endowment project, valued at Dh70 million, in support of the Awqaf Abu Dhabi Life Endowment campaign.

Proceeds from the project will be dedicated to enhancing healthcare access, specifically by covering treatment costs and providing support for individuals with chronic illnesses, and, People of Determination.

Recommended For You

UAE travel: Etihad Airways begins direct flights to Egypt’s Al Alamein

Daredevil space diver Felix Baumgartner dies in paragliding accident

How an AI-Led fintech is empowering UAE SMEs with financial clarity

Look: Influencer Mia Zelu goes viral at Wimbledon; social media users discover she's not real

UAE offers condolences to victims of Iraq shopping mall fire

 

Awqaf Abu Dhabi will provide the land, while Aldar will lead with its design, development, and delivery. The project introduces an innovative and sustainable model of real estate investment, generating recurring income that will be reinvested into strengthening the healthcare system and enhance its capacity to meet future challenges.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.

Launched by the Endowments and Minors Funds Authority (Awqaf Abu Dhabi), the Awqaf Abu Dhabi Life Endowment campaign, under the slogan 'With You For Life', aims to build a lasting fund to support the healthcare needs of underserved groups. This includes access to medications, mental health services and other forms of medical support.