Mubadala backs UAE orphan fund with AED100 million

Mubadala backs UAE orphan fund with AED100 million

Post by : Bianca Qureshi

March 18, 2026 11:16 a.m. 156

Mubadala Investment Company has contributed AED100 million to support the Mother of the Nation Endowment for Orphans initiative, launched by Endowments and Minors’ Funds Authority – Awqaf Abu Dhabi under the patronage of Sheikh Mohamed bin Zayed Al Nahyan.

The initiative aims to create a sustainable funding source dedicated to supporting orphan care across the UAE. It focuses on building long-term financial stability through an approved waqf (endowment) system, ensuring continuous support for children in need.

Mubadala’s contribution highlights its commitment to national initiatives that deliver lasting social impact. The fund is designed to improve the quality of life for orphans by supporting their education, healthcare, and essential living needs, while also promoting social inclusion.

The initiative works by transforming community contributions into sustainable investment assets. These assets generate ongoing returns, which are then used to provide consistent support for orphans across the country.

Speaking on the contribution, Homaid Al Shimmari, Deputy Group CEO and Chief Corporate and Human Capital Officer at Mubadala, said the company remains dedicated to supporting programs that create long-term social value.

Aligned with the UAE’s Year of Family goals, the initiative reflects the country’s strong values of generosity and community support. It also reinforces the role of national institutions in driving humanitarian efforts and strengthening social cohesion.

#News In Abu Dhabi #UAE NEWS #Abu Dhabi News

UAE Airlines Restart Flights, Passengers Advised to Check Updates

UAE airlines resume limited flights as airspace reopens. Passengers advised to confirm schedules and

March 18, 2026 5:14 p.m. 154

UAE and Oman Leaders Exchange Eid Greetings, Discuss Regional Peace

UAE and Oman leaders exchange Eid Al Fitr greetings and discuss regional tensions, stressing dialogu

March 18, 2026 4:46 p.m. 148

Harmanpreet Kaur Moves Up to 7th in ICC Women’s ODI Rankings

Harmanpreet Kaur moves to 7th in ICC Women’s ODI rankings after scoring two fifties against Australi

March 18, 2026 4:23 p.m. 148

Rajpal Yadav Granted Relief in ₹9 Crore Cheque Bounce Case

Delhi HC grants Rajpal Yadav relief in ₹9 crore cheque bounce case as he paid part of dues, extendin

March 18, 2026 4:11 p.m. 155

Dr. Krishna Priya: Transforming Pain into Purpose Through Education, Art, and Healing in the UAE

A powerful journey of resilience as Dr Krishna Priya transforms pain into purpose through education,

March 17, 2026 1:57 p.m. 1045

Oscars 2026 Ratings Drop 9% Despite Strong Digital Buzz

The 98th Oscars saw a 9% drop in TV viewership but strong growth in social media engagement, staying

March 18, 2026 1:26 p.m. 150

UAE Central Bank Unveils Major Financial Support Plan

CBUAE announces a financial resilience package to boost liquidity, ease rules, and support lending,

March 18, 2026 1:20 p.m. 151

Sabalenka Slams Dubai Open Exit Criticism as Ridiculous

Aryna Sabalenka hits back at Dubai Open criticism over her withdrawal, calls penalty demands unfair

March 18, 2026 1:17 p.m. 156

Israel Hits Central Beirut Without Warning Six Killed

Israeli airstrikes hit central Beirut without warning killing six and injuring dozens as tensions ri

March 18, 2026 1:10 p.m. 166
Sponsored
https://markaziasolutions.com/
Trending News

Bank of Baroda Faces Abu Dhabi Legal Battle over NMC Collapse

Bank of Baroda’s involvement in Abu Dhabi litigation tied to the NMC Healthcare collapse raises repu

Feb. 23, 2026 6:01 p.m. 680

Top Museum Openings of 2026 Set to Transform Global Tourism

From Los Angeles to Abu Dhabi and Brussels, 2026 brings major museum launches—Lucas Museum, Guggenhe

Feb. 23, 2026 5:36 p.m. 673

UAE Tour Highlights UAE’s Strength in Hosting Global Sports Events

Abu Dhabi Sports Council says the successful UAE Tour reflects the UAE’s leading role in hosting maj

Feb. 23, 2026 4:21 p.m. 656

EU Seeks Clarity from US After Supreme Court IEEPA Ruling

European Commission urges full transparency from the US on steps after Supreme Court ruling, emphasi

Feb. 23, 2026 4:04 p.m. 611

SpaceX Launches 53 New Satellites for Expanding Starlink Network

SpaceX launches 53 Starlink satellites in two Falcon 9 missions, breaking reuse records and expandin

Feb. 23, 2026 3:51 p.m. 612

RTA Awards Contract for Phase II of Hessa Street Upgrade in Dubai

Phase II of Hessa Street Development to add bridges, tunnel, and upgraded intersections, doubling ca

Feb. 23, 2026 3:20 p.m. 708

UAE Gold Prices Today, Monday 16 February 2026: Dubai & Abu Dhabi Updated Rates

Gold prices in UAE on 16 Feb 2026 updated: 24K around AED 599.75/gm, 22K AED 555.25/gm, and 18K AED

Feb. 16, 2026 6:04 p.m. 1224

Over 25 Ahmedabad Schools Receive Bomb Threat Email, Authorities Investigate

More than 25 schools in Ahmedabad evacuated after bomb threat emails mentioning Khalistan. Authoriti

Feb. 16, 2026 2:34 p.m. 657