14th September 2019

Mohammed Bin Rashid Global Centre for Endowment Consultancy Grants Dubai Endowment Sign to wasl Asset Management Group

Mohammed Bin Rashid Global Centre for Endowment Consultancy (MBRGCEC) presented the Dubai Real Estate Corporation’s wasl Asset Management Group (wasl) with the Dubai Endowment Sign for the second consecutive year. The entity earned the distinction for providing financial support valued at AED4 million to 24 government schools and other educational institutions in the UAE between 2014 and 2019.

His Excellency Hesham Abdulla Al Qassim, CEO of wasl, received the Dubai Endowment Sign from His Excellency Essa Al Ghurair, Chairman of MBRGCEC and Awqaf and Minors Affairs Foundation (AMAF), at AMAF headquarters in Dubai. The ceremony drew the participation of His Excellency Ali Al Mutawa, Secretary General of AMAF, Zainab Juma Al Tamimi, Director of MBRGCEC, and senior management of wasl.

His Excellency Essa Al Ghurair said: “At the beginning of the new school year, we take inspiration from The Letter of the New Season, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. His messages encourage us to enhance collaboration with other entities to better serve people, achieve sustainable economic growth and improve the performance of government institutions.”

He added: “MBRGCEC has granted wasl the Dubai Endowment Sign for its role in supporting education and knowledge. The corporate social responsibility endeavors of organizations such as wasl help drive sustainable development, empower people and boost their happiness and satisfaction levels.”

For his part, His Excellency Ali Al Mutawa said: “AMAF commends the role of government and private sector entities in supporting the endowment sector and contributing to its growth and innovation so that it can reach a wider group of beneficiaries and expand its scope across domains such as education, healthcare and social care.” 

He added: “MBRGCEC presents the Dubai Endowment Sign under the umbrella of AMAF to entities that have made significant endowment contributions to recognize their role in growing the sector. This initiative aligns with the National Agenda of the UAE Vision 2021 and Article 9 of the Fifty-Year Charter that was announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum in January 2019.”

His Excellency Hesham Abdulla Al Qassim said: “We are honored to receive the Dubai Endowment Sign. This prestigious recognition motivates us to renew our efforts to serve our society. As a socially responsible corporation, wasl’s activities and programs are inspired by the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum and his vision to transform Dubai into a global endowment capital.” 

wasl supports the education sector in multiple ways, including providing computers, meals and transportation to underprivileged female students, as well as supplying computers, iPads and printers to schools. It also arranges for the maintenance and painting works of school buildings, erects shade structures at school yards, equips school premises with CCTV cameras, carries out water cooler maintenance, upgrades electronic equipment, AC units and furniture, and installs new equipment at sports facilities. Furthermore, the company established the wasl Center for Smart Learning and an innovation lab at one of the schools and a state-of-the-art library at another school.