مصراوي
مصراوي
Ready to play
Ready to play
Dr. Sahar Nasr, Deputy Chair of the Senate Committee on Financial, Economic Affairs and Investment, presented an eight-step plan to develop endowment assets and maximize their returns during a plenary session of the Senate. The plan calls for creating a unified digital database; developing a management strategy with a clear plan and timeline; applying governance and transparency and drawing on specialists; mapping the assets and their investment opportunities; reassessing them at market value; reviewing below-market rents; continuing to restructure and make use of the assets in sustainable projects while addressing encroachments; and directing unrestricted endowments toward education, health care and social welfare. The proposals aim to balance safeguarding endowment assets and respecting the conditions set by their founders with ensuring that investments are lawful and managing risk. They stress that an endowment’s value is measured by its developmental and social impact, not its size.
Notice: This Is an AI-Generated Summary
Comments (0)