Mohammed bin Rashid Global Centre for Endowment Consultancy launches sports endowment in Dubai
Initiative aims to encourage athletes to contribute to humanitarian work in UAE
Dubai: The Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), in association with 9714sports, has announced the launch of a new sports endowment in Dubai that seeks to encourage athletes to contribute to humanitarian work through their participation in various sports competitions.
The agreement to launch the sports endowment was signed by Zainab Juma Al Tamimi, director of MBRGCEC, and Amal Majid Al Muhairi, managing director of 9714sports. According to the agreement, part of the income generated by athletes from their participation in sporting events and activities organised by 9714sports will be used to launch the sports endowment.
The sports endowment will support the community’s needs in different areas including education, health care, medical research and more. The launch of the initiative falls in line with Dubai’s global vision for endowment for the service of humanity.
MBRGCEC recently granted 9714sports the Dubai Endowment Sign in recognition of its contributions towards establishing innovative endowments. Since 2020, 9714sports has organised a number of competitions and sports events in collaboration with Dubai Sports Council. It has also launched a sports campaign that supported the ‘100 Million Meals’ initiative organised by the Mohammed bin Rashid Al Maktoum Global Initiatives.
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An affiliate of the Awqaf and Minors Affairs Foundation in Dubai, MBRGCEC is a consulting awqaf foundation tasked with encouraging and enabling awqaf and endowment establishment to fulfil the social needs of people and serve humanity. The centre offers its services to individuals as well as local, regional and international foundations free of charge, in order to achieve Dubai’s global vision for awqaf and endowments.