Leading UAE-based developer Eagle Hills has entered into a memorandum of understanding with the Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) to deliver a commercial development worth AED1 billion ($272.2 million), supporting the ‘Mother of the Nation Endowment for Orphans.’
This flagship initiative is designed to establish a sustainable waqf fund, ensuring long-term financial stability and a dignified standard of living for orphans across the UAE, while also fostering stronger social cohesion and resilience.
Proceeds generated from the development will be channelled towards the “Mother of the Nation Endowment for Orphans” campaign. The initiative was launched by the Authority under the patronage of HH Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, with the objective of creating a lasting funding mechanism to support orphan welfare nationwide.
As part of the agreement, Eagle Hills will oversee the development and delivery of the project, ensuring it produces consistent endowment returns. These funds will be directed towards key areas such as education, healthcare, and overall quality of life for orphans.
The initiative is expected to sustain the long-term humanitarian impact of the campaign, while also reinforcing the role of endowments as a strategic tool for socio-economic development.
Mohamed Alabbar, Chairman of Eagle Hills, emphasised the company’s commitment to national causes, stating that supporting initiatives focused on human development and long-term societal impact remains a core priority.
He added that the partnership reflects Eagle Hills’ focus on delivering high-quality developments that generate sustainable returns, ultimately contributing to empowering orphans and enhancing their access to education and broader life opportunities, in alignment with the UAE’s vision for inclusive and sustainable growth.
Commenting on the agreement, Abdul Hamid Mohammed Saeed, Chairman of Awqaf Abu Dhabi, noted that the collaboration represents a significant step forward in strengthening Abu Dhabi’s endowment ecosystem through impactful partnerships that deliver both economic and social value.
