DUBAI, 25 October 2023 (WAM): Danube Properties has announced it is allocating real estate units worth AED 25 million to support the charitable and humanitarian programmes of Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI).
A First for a Real Estate Developer
Danube pledged to allocate the units over the next five years to support programmes launched by MBRGI, the largest foundation of its kind locally and regionally, which works to support vital sectors in the countries it serves and find solutions to cultural, knowledge, economic, social, health, environmental and humanitarian challenges. It is the first contribution by any real estate developer to MBRGI's property endowment projects.
Rizwan Sajan, Founder and Chairman of Danube Group, said: "It is an honour to be able to support the projects and programmes of Mohammed bin Rashid Al Maktoum Global Initiative, which stand for humanitarian unity and establish values of social solidarity within the Emirati community.
"Our contribution reflects our commitment to support humanitarian initiatives, as we are keen to put our social responsibility into practice and stand behind philanthropic efforts launched by the UAE to leave a positive impact through sustainable projects."
MBRGI's Global Impact
Dr Abdulkareem Sultan Al Olama, CEO of MBRGI, said that under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, MBRGI had a positive impact on the lives of 102 million people across 100 countries in 2022.
"Sustainable projects and programmes launched and implemented by MBRGI are a model for giving and generosity and a reflection of the UAE's impactful humanitarian role," he said, praising Danube Properties' contribution, which will help MBRGI tackle humanitarian, social and developmental challenges around the world.
In 2022, MBRGI spent a total of AED 1.4 billion on initiatives and programmes delivered by 35 organisations under its umbrella.
Source: WAM
