DIB Strengthens Commitment with Dh11 Million for ‘Dubai Schools’ Project in 2026-2027
Dubai: The Knowledge Fund Establishment (KFE) has announced the renewal of its partnership with Dubai Islamic Bank (DIB), which will contribute Dh11 million to the ‘Dubai Schools’ project for the 2026-2027 academic year. This marks the third consecutive year of DIB’s support, underscoring a mutual commitment to advancing national priorities and strategic initiatives that have a long-term social impact.
Expanding Access to Quality Education
The contribution is part of ongoing efforts to enhance access to affordable, high-quality education for Emirati students, aligning with Dubai’s future aspirations. This initiative aims to cultivate a generation of Emirati talent equipped with the necessary skills and knowledge to excel in key sectors, thereby boosting the UAE’s global competitiveness.
The renewed partnership between KFE and DIB emphasizes their shared goal of broadening access to future-ready education. This modern learning environment aims to strengthen national identity, foster innovation, and respond to the evolving needs of emerging industries. The initiative also aligns with the objectives of the Dubai Social Agenda 33, Dubai Economic Agenda D33, and the Education 33 Strategy.
The Role of Public-Private Collaboration
DIB’s ongoing contribution to the ‘Dubai Schools’ project highlights the importance of public-private sector collaboration in achieving national development goals. Education is positioned as a crucial driver of human capital development, social cohesion, and overall quality of life. In the context of the UAE’s ‘Year of the Family’, this partnership gains added significance, reflecting a commitment to supporting Emirati families and investing in the education of future generations.
Abdulla Mohammed Al Awar, Chief Executive Officer of the Knowledge Fund Establishment, expressed appreciation for DIB’s continued support. He noted that the ‘Dubai Schools’ project serves as a leading national example of effective collaboration between public and private sectors in advancing education and sustainable development. Al Awar emphasized that this ongoing contribution demonstrates a genuine commitment to empowering future generations and supporting national initiatives that yield lasting social impact.
Investment in Future Growth
Al Awar further stated that DIB’s partnership illustrates the vital role the banking sector can play in promoting national development priorities. He highlighted that investing in education is essential for nurturing a new generation of talent capable of driving the country’s development and enhancing the UAE’s long-term competitiveness.
Obaid Al Shamsi, Chief Operating Officer of DIB, remarked that the strength of any nation is rooted in the strength of its families, and the quality of education available to children is fundamental to economic growth. He reiterated that DIB’s support for the ‘Dubai Schools’ project reflects a belief that investing in Emirati students is a long-term investment in national resilience, social progress, and sustainable prosperity. This initiative also aligns with Dubai’s strategic priorities for education, family wellbeing, and human capital development.
Future Growth and Expansion Plans
In the ‘Year of the Family’, Al Shamsi noted that the partnership takes on even greater significance, as it supports families in providing their children with an education that fosters confidence, ambition, and character. He expressed pride in DIB’s ongoing support for this meaningful initiative, which aims to shape capable young minds and contribute to Dubai’s future.
As part of its vision for the continued growth of the ‘Dubai Schools’ project, KFE is implementing a series of expansion initiatives designed to increase capacity and enable more Emirati students to benefit from a modern, future-focused educational environment. The second phase of the Nad Al Sheba campus expansion is set for completion in July, with a goal of reaching a total capacity of 15,000 students by the 2032-2033 academic year.
This expansion is part of broader strategic plans to develop a sustainable educational ecosystem that aligns with Dubai’s future ambitions. KFE has affirmed that private sector contributions, including DIB’s ongoing support, are crucial for ensuring the sustainability of the ‘Dubai Schools’ project. This collaboration aims to provide an accessible, high-quality educational environment that empowers Emirati families, expands opportunities for students, and prepares future generations to contribute to the UAE’s ongoing development and prosperity.
Source: www.emirates247.com
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Published on 2026-06-02 22:08:00 • By the Editorial Desk
