Dubai: The deep commitment to the society we live in and the growing need for education to address various challenges faced by the Arab world today has prompted my father to commit one third of his total wealth to Abdullah Al Ghurair Education Foundation, Abdul Aziz Al Ghurair, CEO of Mashreq and chairman of the Foundation’s board of trustees, told Gulf News.
“It is a pity that talented young men and women in the UAE and the Arab world are not able to effectively contribute to their families, their countries and the society at large because of lack of means for education. My father wanted to do something to equip these people to become strong pillars of our society,” said Al Ghurair.
He said the entire Al Ghurair family unanimously supports this initiative and are fully committed to reach the benefits of this foundation to talented and deserving people.
The Foundation owns one-third of the assets of the Abdullah Ahmad Al Ghurair group of companies which will support the continuity of this initiative. The wealth pledged to the Foundation is income-earning assets which will continue to enhance its resources to support future generations of the needy.
