Deyaar Adopts a School With Dubai Cares
Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has signed a Memorandum of Understanding (MoU) with Dubai Cares to improve children’s access to quality education in an underprivileged community in Malawi. Through the new MoU, Deyaar will work with Dubai Cares to build a community-based school in Malawi, with construction set to start in 2020. Previously, Deyaar had collaborated with Dubai Cares to build schools in Nepal and Senegal.
Moreover, volunteers from Deyaar will participate in setting the foundation for the new school, which is set to benefit primary schoolchildren and adult illiterate men and women in a remote village in Malawi.
Saeed Al Qatami, CEO of Deyaar, signed the MoU on behalf of the company. He said: “We may be a UAE company, but we believe that our responsibility to do good and give back extends beyond the borders of our country. Dubai Cares has provided us with several opportunities in recent years to make a real difference in the lives of hundreds of families in communities in need of support, and we are honoured to be able to make a positive impact on a Malawian community through this new project.”
Dubai Cares’ CEO, His Excellency Tariq Al Gurg, signed the MoU on behalf of Dubai Cares and said: “We are excited to once again have Deyaar supporting our Adopt a School initiative. The ability to contribute towards changing children and young people’s lives requires collaborative efforts from across the community, and that is why we value the support of companies in the UAE, with Deyaar being one of the most prominent examples. I am also confident that this opportunity will offer Deyaar’s volunteers a unique insight into our programs in developing countries and the chance to leave a positive and meaningful impact on underprivileged communities.”
In addition to partnering with Dubai Cares, Deyaar has conducted several community-focused initiatives in recent years. Amongst these is the Deyaar Al Khair programme, through which Deyaar renovated homes across the UAE.
Established in 2002 with a paid up capital of AED 18.38 million, Deyaar has grown exponentially over the past decade to become one of the leading real estate development companies in the region, with a share capital of AED 5.78 billion following its IPO in May 2007.