Dubai Awqaf launches 73M dirham endowment
The Endowments Foundation and the Management of Minors' Funds in Dubai announced the launch of an investment and endowment project to establish a shopping center in Hind City, with an estimated cost of up to 73 million AED. The center is located on a plot of land approximately 90,400 square feet in size and consists of two floors housing 40 retail stores. It is expected to be completed within two years. The proceeds from the project will be allocated to support the care of mosques in the Dubai Emirate.
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