Construction of educational project set to start in 2020
Dubai Cares and Deyaar, a Dubai-based property developer, have announced a partnership to improve access to education for children in the south-eastern African country of Malawi.
According to a report by WAM, the two sides signed an agreement that will see the developer work with Dubai Cares to build a community-based school in Malawi. Construction on the project is set to start in 2020, it added.
Deyaar has previously collaborated with Dubai Cares to build schools in Nepal and Senegal.
“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,” said Saeed Al Qatami, CEO of Deyaar.
“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.”
As a UAE-based philanthropic organisation, Dubai Cares has played a key role in helping to achieve the United Nations Sustainable Development Goal (SDG) 4, which aims to ensure inclusive and quality education for all and promoting lifelong learning by 2030, by supporting programs in early childhood development, access to quality primary and secondary education and vocational education and training for youths.
To date, the organisation has supported education programs in Afghanistan, Angola, Antigua and Barbuda, Bangladesh, Bosnia & Herzegovina, Cambodia, Chad, Comoros Islands, Colombia, Djibouti, Egypt, Ethiopia, Gambia, Ghana, Haiti, India, Indonesia, Iraq, Ivory Coast, Jordan, Kenya, Kiribati, Laos, Lebanon, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mexico, Mozambique, Nepal, Niger, Pakistan, Palestine, Peru, Philippines, Rwanda, Senegal, Sierra Leone, South Africa, South Sudan, Sri Lanka, St. Vincent & Grenadines, Sudan, Tanzania, Uganda, Vanuatu, Vietnam, Yemen, Zambia and Zimbabwe
“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,” said Tariq Al Gurg, CEO of Dubai Cares.
“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,” he added.
Earlier this month, Deyaar announced its financial results for Q1 2019, ended March 31, 2019. It reported revenues of $47.8 million and a net profit of $4.98 million.
In a statement at the time, Deyaar said that the Q1 2019 revenues were consistent with Q1 2018, which was $48 million. Deyaar’s project pipeline includes several handovers in 2019.