Ruler of Dubai Endows $10 bn Foundation to Promote Education in the Middle East.
May 19, 2007 4:43 PM Subscribe
Sheik Mohamed, ruler of Dubai, has pledged to donate $10 billion to set up an organization devoted to improving human development in the Middle East. Recognizing that the Middle East lags behind in areas of human development, particularly education, the visionary ruler of Dubai, and avid horse breeder, who has transformed the Persian Gulf port into the financial center for the Middle East and South Asia, has announced one of the largest charitable gifts in history to improve education and human development in the region.
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