UAE tycoon launches Arab education fund with $1.14bn

Sally

Gold Member
Mar 22, 2012
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What a lovely altruistic man to use his money to help students in need so that they will get further in life. Hopefully other wealthy people in the area will also start to contribute.


UAE tycoon launches Arab education fund with $1.14bn
AP — PUBLISHED A DAY AGO



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DUBAI: A billionaire businessman from the United Arab Emirates launched the Arab world’s largest education fund on Wednesday, setting aside $1.14 billion (4.2 billion dirhams) in grants for underserved youth from the region.

The Abdulla al-Ghurair Foundation for Education said it plans to provide scholarships for 15,000 Middle Eastern students over the next 10 years. The recipients will be students in need of financial assistance who also qualify for entrance to the region’s top universities.

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UAE tycoon launches Arab education fund with $1.14bn - Newspaper - DAWN.COM
 

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