DAMAC Group and the Knowledge Fund Establishment signed an MoU of AED20 million sponsorship agreement to support the Dubai Schools project by providing scholarship funding for Emirati students’ tuition fees starting in the 2022- 2023 academic year, for five years. The agreement aligns with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to invest in high-quality education to equip future Emirati generations with the skills and knowledge to lead Dubai’s future knowledge-based economy.