Abu Dhabi: Sandooq Al Watan, a national initiative launched by prominent Emirati businessmen to support research projects for the post-oil era, has received a new Dh10 million contribution from the Bin Hamoodah Group, bringing its total amount raised since its inception to Dh558 million. …
“Our responsibility towards society compels us to support Sandooq Al Watan, and to play our part in creating a sustainable knowledge economy for future generations,” said Bin Hamoodah Group Chairman Faraj Ali Bin Hamoodah. “We support the fund’s efforts to stimulate creativity and innovation, and to drive development and economic diversification. Sandooq Al Watan plays a positive role in society as it works to develop the skills of an entire generation of future leaders. This resonates with our strategy to invest in national talent to serve the UAE’s development ambitions.” …
The initiative is aligned with the UAE leadership’s directives — particularly, His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces — to set plans for a sustainable knowledge economy in the post-oil era. Full article