Home News UAE’s Awqaf, AMAF launch four endowment projects in Dubai worth Dhs56.2m The new projects located across Dubai will be implemented from the fourth quarter of the year by Gulf Business July 13, 2022 Awqaf and Minors Affairs Foundation (AMAF) have launched four new endowment projects valued at Dhs56.2m in addition to announcing plans for six other projects worth Dhs16.3m. The new endowment projects range from residential villas to residential complexes for workers across Dubai; their profits will cover the costs of education, health and care for women, children and people of determination, as well as charity institutions. According to state news agency, WAM, Ali Al Mutawa, secretary-general of the AMAF, said the foundation will start implementing the new projects from the fourth quarter of 2022 to the first half of 2023. It is currently conducting economic feasibility studies to carry out new endowments varying between commercial stores and real estate units. The secretary-general also highlighted the foundation’s keenness to restore old buildings in Dubai, in line with the emirate’s sustainable development plans. Tags Dubai General Authority of Islamic Affairs and Endowments Minors Affairs Foundation 0 Comments You might also like Update: Dubai Airports begins receiving limited number of flights NCM weather advisory for UAE: Cloud cover with rain to continue in some parts PICS: Flooded roads, stranded cars amid massive UAE storm Highest rain levels recorded in UAE since records began in 1949