Home Business Dubai Islamic Bank Renews AED11 Million Support for Dubai Schools Project

Dubai Islamic Bank Renews AED11 Million Support for Dubai Schools Project

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By Staff Reporter
Dubai Islamic Bank Renews AED11 Million Support for Dubai Schools Project
The Knowledge Fund Establishment (KFE) has renewed its partnership with Dubai Islamic Bank (DIB), which will contribute AED11 million to the Dubai Schools project for the 2025-2026 academic year.

This marks the second consecutive year of support aimed at expanding access to quality education for eligible students in line with Dubai’s inclusive and sustainable education goals.

The collaboration reflects DIB’s commitment to national development, with education as a core pillar of the Dubai Social Agenda 33 and Education Strategy 2033. The initiative focuses on building a learner-centric ecosystem that fosters lifelong learning and equips students with future-ready skills.

KFE CEO Abdulla Mohammed Al Awar praised DIB’s continued backing, highlighting the role of private-sector partnerships in creating a sustainable education model. DIB COO Obaid Al Shamsi said the partnership underscores a shared mission to prepare a generation ready to lead the future.

Launched in 2021, the Dubai Schools project now serves over 2,500 students from 38 nationalities across branches in Mirdif, Al Barsha, Nad Al Sheba, and Al Khawaneej. Capacity is expected to reach 15,000 students by the 2032-2033 academic year.

News Source: Dubai Media Office

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