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Emirati tycoon launches $27m education fund for refugees

Abdul Aziz Al Ghurair, Emirati businessman and philanthropist, has announced the establishment of a AED100 million ($27.2 million) education fund for refugees.

On the occasion of World Refugee Day, he said the Abdul Aziz Al Ghurair Refugee Education Fund will benefit refugee youths affected by wars and disasters residing in the UAE.

The initiative will run for three years and will support the education of a minimum of 5,000 children, a statement said.

The move comes as international funding for refugee education has not been able to keep up with the vast need in the largest host countries.

Al Ghurair said: “I established this fund during the Year of Zayed because I believe that philanthropists have a role in helping to support one of the most acute challenges of our region: lack of education opportunities for young people who need it the most. Young people whose education has been interrupted by conflict deserve a chance to rebuild their lives and have a shot at a good future.”

The Abdul Aziz Al Ghurair Refugee Education Fund will support high-impact education programs at the secondary, vocational and tertiary levels of education for refugee youth in Jordan and Lebanon.

Source:http://www.arabianbusiness.com/education/399114-emirati-tycoon-launches-27m-education-fund-for-refugees