Knowledge Fund Establishment Reports Key 2024 Accomplishments
The Knowledge Fund Establishment has announced significant achievements in 2024, reinforcing its commitment to realizing the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, to elevate Dubai's education system to global standards.
These accomplishments align with the Dubai Economic Agenda (D33), the Dubai Social Agenda 33, and the Dubai Education Strategy 2033 (E33).
A major highlight is the expansion of the 'Dubai Schools' project, which includes a new campus in Al Khawaneej, set to accommodate over 4,000 students. This facility also features the 'Dubai Community Health Centre' to support student well-being. Additionally, the Al Barsha branch of Dubai Schools has been expanded to serve more than 2,400 students. The project aims to offer a unique Emirati schooling model that integrates global education with national values.
In collaboration with KHDA, the Knowledge Fund has also signed agreements with nine private schools in Dubai, offering over 400 seats with a 50% tuition fee discount for outstanding Emirati students for the 2024-2025 academic year. This initiative is part of the 'Dubai Distinguished Students Programme,' which aims to provide 1,800 seats by 2030.
In another pioneering move, the Knowledge Fund partnered with National Bonds to launch the 'Young Investor' program, the first of its kind in the region, aimed at fostering financial literacy among students. The program will initially roll out in Dubai Schools and later expand across various educational levels.
Further, the Establishment has secured over 1.5 million square feet for new educational institutions, adding 10,000 student seats and multiple early childhood centers, underscoring Dubai's growing educational capacity. With a 34% increase in annual revenue and a 93.75% customer satisfaction rate, the Knowledge Fund is poised to continue driving innovation and expansion in Dubai's education sector.
News Source: Dubai Media Office
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