Abu Dhabi – Mubasher: Aldar Properties, a leading real estate development, management, and investment company based in Abu Dhabi, announced the contribution of AED 36 million to the UAE’s national fund Sandooq Al Watan.
This brings Aldar’s total contributions in the fund to AED 120 million, according to a press release.
As a part of the contribution, the company is dedicating AED 4.5 million to fund research grants into water scarcity and usage.
The research funding will be managed by Sandooq Al Watan as a part of its SWARD programme via its platform – researcher.ae, the release highlighted.
The SWARD programme aims at connecting academia and industry in the UAE to deliver substantial social and economic outcomes.
Talal Al Dhiyebi, CEO of Aldar Properties, said: “We are immensely proud to support Sandooq Al Watan with an annual contribution to support its incredible works to create new opportunities for the next generation of UAE Nationals.”
For his part, Mohamed Al Qadi, director-general of Sandooq Al Watan, said: “Aldar is not only one of our biggest donors, it is a key partner in delivering some of our biggest initiatives to date. By leveraging their experience in education, investment, and retail, we have been able to maximize the impact of our initiatives and benefit over 5,000 Emiratis since our inception in 2017.”