Nation’s hereditary ruler,Mohammed bin Rashid al-Maktoum, to divert funds to issues including autism and educationThe ruler of Dubai has pledged $1.3bn (£900m) in assets to a recent endowment agency that will focus on a variety of causes, and the latest philanthropic effort bearing his name.
Emirati officials announced the creation of the Mohammed bin Rashid Global Centre for Endowment Consultancy on Tuesday,during a flashy ceremony in the Ritz Carlton hotel in Dubai’s financial district. Continue reading...
Source: theguardian.com