DUBAI, (UrduPoint / Pakistan Point News / WAM – 27th Mar, 2025) Peace Home Development rang the market opening bell to mark its support of the Fathers’ Endowment campaign, in the presence of Hamed Ali, CEO of Dubai Financial Market and Nasdaq Dubai, as well as representatives from the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), organisers of the campaign.
Coinciding with Ramadan, the campaign honours fathers in the UAE by establishing a sustainable endowment fund that provides treatment and healthcare for the less fortunate.
Peace Homes Development had announced plans to develop a AED50 million endowment building in Dubai, in support of the Fathers’ Endowment campaign. Revenues from the endowment building will support the campaign and its goals of improving healthcare in underserved communities.
This includes developing hospitals, providing essential medical equipment and medications, expanding capacity, and upgrading operating rooms.
These investments will create sustainable opportunities to enhance the quality of life for those in need.
The Fathers’ Endowment campaign aims to honour fathers by allowing individuals to donate in their name. The campaign seeks to reinforce values of honouring parents, compassion, and solidarity, while strengthening the UAE’s position as a leader in charitable and humanitarian work.
The campaign also promotes the noble values for which the UAE community is known, particularly generosity and a deep sense of global humanitarian solidarity. It helps establish the concept of charitable endowments, while creating a community-wide movement to support its aims of providing sustainable healthcare for the less fortunate.
