Dubai: Dubai’s Endowments and Minors’ Trust Foundation (Dubai Endowment) today announced the launch of a new ‘Well of Water’ endowment project aimed at contributing to Dubai’s global water aid efforts.

The initiative is the Foundation’s second endowment project dedicated to supporting the ‘Well of Hope’ campaign launched in response to a humanitarian competition launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to provide clean water to disadvantaged communities across the world.

Al Ghurair said: “This new endowment project will expand the Foundation’s support to the ‘Well of Hope’ initiative, which has raised the profile of the UAE’s pioneering charity and humanitarian projects.”

Al Mutawa said: “We continue to enhance innovation and maintain the highest excellence in the fields of charity and humanitarian aid to improve the quality of life of disadvantaged people.”

Al Mutawa added that many countries suffering from water scarcity have benefited from the ‘Well of Hope’ initiative since 2019. The initiative has contributed to digging wells and delivering clean water to communities facing water shortage.

Since 2019, the Endowments and Minors’ Trust Foundation in Dubai has been at the forefront of entities supporting the ‘Well of Hope’ initiative through endowment projects. The revenue generated from endowments are used to provide drinkable water to 600,000 people around the world annually, especially in areas lacking sources of clean and safe water