Dubai Islamic Bank Continues AED11 Million Financial Backing for Dubai Schools Initiative
In a move to prepare the next generation to lead the future, Dubai Islamic Bank (DIB) has partnered with the Knowledge Fund Establishment (KFE) to support the Dubai Schools project for the 2025-2026 academic year. DIB will contribute AED11 million for the second consecutive year, a commitment that underscores a shared mission between the two entities.
Launched in 2021, the Dubai Schools project already serves over 2,500 students from 38 nationalities across its branches in Mirdif, Al Barsha, Nad Al Sheba, and Al Khawaneej. With this partnership, the project aims to expand its capacity to 15,000 students by the 2032-2033 academic year.
The collaboration aligns with Dubai’s inclusive and sustainable education goals, as both KFE and DIB work towards building a learner-centric education ecosystem that promotes lifelong learning and equips students with future-ready skills. This partnership is part of KFE's strategy to strengthen strategic partnerships with the private sector to create a sustainable education model.
DIB's financial support is a testament to its commitment to national development by investing in education as a driver of inclusive and sustainable progress. By partnering with KFE, DIB is contributing to the objectives outlined in Dubai Social Agenda 33 and the Education Strategy 2033, which emphasize building an education ecosystem that fosters a love for learning and prepares students for the challenges of the future.
KFE CEO Abdulla Mohammed Al Awar praised DIB's continued backing, highlighting the role of private-sector partnerships in creating a sustainable education model. The partnership underscores a shared mission to provide affordable, high-quality education within an inclusive environment, advancing human capital development and socio-economic growth in Dubai.
This partnership exemplifies a significant step towards achieving Dubai's vision of providing quality education to all, fostering a knowledge-based economy, and ensuring a bright future for its citizens and residents.
[1] Dubai Islamic Bank (DIB) partners with Knowledge Fund Establishment (KFE) to support Dubai Schools project. (2023, March 20). Retrieved from https://www.dubaichamber.com/en-us/news/dubai-islamic-bank-di...
[2] Dubai Schools project serves over 2,500 students from 38 nationalities. (2023, February 21). Retrieved from https://www.dubaischools.ae/news/dubai-schools-project-serves-over-2500-students-from-38-nationalities
[3] Dubai Schools project to expand capacity to 15,000 students by 2032-2033. (2023, January 15). Retrieved from https://www.arabianbusiness.com/education/661085-dubai-schools-project-to-expand-capacity-to-15000-students-by-20322033
- To foster lifelong learning and equip students with future-ready skills, Dubai Islamic Bank (DIB) and the Knowledge Fund Establishment (KFE) are collaborating to expand the Dubai Schools project's capacity to accommodate 15,000 students by the 2032-2033 academic year.
- This partnership supports Dubai's vision of providing quality education to all, contributing to the objectives outlined in Dubai Social Agenda 33 and the Education Strategy 2033, which aim to build an education ecosystem that encourages personal growth and self-development.
- By investing in education as a means of national development, DIB is aligning with Dubai’s inclusive and sustainable education goals, promoting a learner-centric education ecosystem for the future development of students.
