Dubai: “The Gulf”, “The Franchise for Real Estate Development” announced the establishment of a stand -up building in Dubai at a cost of 50 million dirhams, in support of the campaign of “the father’s endowment” launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, in conjunction with the blessed month of Ramadan, with the aim of honoring parents in the UAE through the establishment of a sustainable standing fund, which is devoted to providing treatment and health care for the poor and the needy. The “Monazia Real Estate Development” company pledged to establish the endowment building within the educational district of the “Mohammed bin Rashid Al Maktoum International Initiatives” Foundation, which is located in Dubai Academic City. The revenues of the endowment invested in
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