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Mohammed bin Rashid launches an endowment project at a cost of 4.7 billion dirhams

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him, said, “Thank God, as part of Mohammed bin Rashid’s global humanitarian initiatives, we have launched an endowment project at a cost of up to 4.7 billion dirhams, a permanent humanitarian charitable endowment, God willing, the proceeds of which will go to support health and education projects around the world.” His Highness said, “The Waqf neighborhood will include a hospital that accommodates 90,000 visitors annually… a medical university and schools with more than 5,000 students… residential buildings containing 2,000 housing units… a boulevard, Waqf commercial shops, and others.” His Highness added, “Our thanks to all those who stood by, supporters, and shareholders, led by Azizi Development Company and others…and our appreciation to all who strive to achieve

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