Emirates Foundation and Mohammed bin Rashid Global Centre for Endowment Consultancy launches first innovative youth project

Emirates Youth Council in cooperation with the Mohammed bin Rashid Global Centre for Endowment Consultancy and other six institutions, has launched the first innovative endowment for youth projects in the world, making the UAE world's first country that supports the youth projects with diversified services based on the innovative endowment concept.

The move is part of an interaction between the council with the institutions taking part in the Mohammed bin Rashid Global Centre for Endowment Consultancy to revive the endowment as a developmental tool for communities.

These institutions offer innovative services to youth worth AED5 million annually, with the endowment assets worth AED63 million. The range of services include logistical, advisory, training services and technology, media and legal work.