14 Hrs
Source:
Sharjah24
Ajman ruler awards Hamid Bin Rashid Al-Khairiya 350M AED endowment
His Highness Sheikh Hamid bin Rashed Al Nuaimi, Ruler of Ajman, has issued a charitable endowment of 350 million AED to the Hamid bin Rashed Al Nuaimi Charitable Foundation. This includes the construction of six residential and commercial towers as part of the "Yasmin Towers" project in the Al Jurf 2 area of Ajman. The purpose of this support is to strengthen the foundation's resources, diversify its assets, and ensure the sustainability of its charitable and community programs. The towers are spread over an area of more than 7,300 square meters and comprise 1,075 residential and commercial units, including 420 studios, 268 one-bedroom units with a separate living room, 362 two-bedroom units with a living room, as well as 140 retail shops. This endowment is considered a strategic step to boost the foundation's real estate growth, support charitable efforts, and promote sustainability in serving the community and future generations.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)