Dubai unveils AED 1.1 billion scholarship fund

File picture

Dubai has launched a scholarship programme worth AED 1.1 billion to support outstanding Emirati graduates from public and private schools in the emirate.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, said that higher education scholarships will be granted annually to 100 best-performing students.

The programme will start accepting applications in April 2024 for the 2024-2025 academic year, through the DubaiNow platform.

The selection criteria will be subject to the terms and conditions set by the Knowledge and Human Development Authority (KHDA), and the application window will be aligned with the announcement of high school results, taking into account timeframes for different curricula.

The initiative is part of the Dubai Social Agenda 33, launched recently by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Its objective is to support Dubai’s best-performing Emirati students by offering them higher education opportunities at leading academic institutions in the UAE and abroad.

The new programme will top up the scholarships already in place by offering 75 additional scholarships, benefiting 100 outstanding students annually.

Strategic objectives

The Hamdan bin Mohammed Academic Scholarship Programme contributes to achieving two main strategic objectives. It aspires to position Dubai among the top 10 cities in terms of education quality globally by 2033.

Additionally, the programme is designed to provide students scholarships to prestigious international universities for specialised studies that are compatible with the needs of Dubai’s economy.

This makes the scholarships aligned with the priorities of future development across various sectors. It consequently boosts the economic participation of citizens and supports fulfilment of targets of the Dubai Social Agenda 33, which is to increase the number of citizens working in the private sector to thrice the current number.

More from Local

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.