Hazza bin Zayed reviews Awqaf sector progress in Al Ain

Sharjah 24 – WAM: His Highness Sheikh Hazza bin Zayed Al Nahyan, Ruler's Representative in Al Ain Region, welcomed a delegation from the Endowments and Minors’ Funds Management Authority (Awqaf Abu Dhabi) at the Ruler’s Representative Court in Al Ain. The delegation was led by Abdulhamid Mohammed Saeed, Chairman of the Authority.

Updates on Awqaf Abu Dhabi’s strategy

The meeting discussed Awqaf Abu Dhabi's strategy to maximise the economic and social impact of endowments. The focus is on investing in endowment assets to fund sustainable initiatives and projects that contribute positively to society. This strategy reinforces the UAE’s values of generosity and giving, ensuring their continuity for future generations.

Emphasis on supporting the endowment sector

Sheikh Hazza bin Zayed emphasised the importance of supporting the endowment sector, which is vital for socio-economic development. He highlighted the need for establishing projects, launching initiatives, and implementing plans that improve the quality of life in the UAE.

Innovative investment strategies

Abdulhamid Mohammed Saeed outlined Awqaf Abu Dhabi’s efforts to balance financial returns with societal impact. These efforts align with the UAE’s 2025 Year of Community and support national priorities and sustainable development goals.

Endowments as pillars for social and economic development

Fahad Abdul Qader Al Qassim highlighted the role of endowments in driving community projects, creating job opportunities, and supporting entrepreneurship in Al Ain. He also emphasized the integration of endowments into urban development plans to enhance economic growth and preserve the cultural identity of Al Ain.