📋 Tender Overview
Scope : To Set up Endowment University in Dubai, United Arab Emirates
Sobha Group today announced that it has signed a charitable grant agreement for setting up an endowment university in Dubai. The agreement was signed in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Vice-Chairman of the Board of Trustees of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), and PNC Menon, Founder Sobha Group
As per the agreement, Sobha Realty will construct and develop a Rs 900 crore university campus building in Dubai over a period of four years, marking one of the UAE’s largest charity donations. The project will be handed over to MBRGI who will cooperate with a prestigious international university that will run the endowment university
The Dubai-based endowment university aims to develop higher education options for 2,000 domestic and international students.