DIB Commits AED11 Million to Strengthen ‘Dubai Schools’ Project for 2026-2027 Academic Year

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DIB Commits AED11 Million to Strengthen ‘Dubai Schools’ Project for 2026-2027 Academic Year

The Knowledge Fund Establishment (KFE) has announced the renewal of its partnership with Dubai Islamic Bank (DIB), which will contribute AED11 million to the ‘Dubai Schools’ project for the 2026-2027 academic year. This marks the third consecutive year of DIB’s support, demonstrating a shared commitment to advancing national priorities and strategic initiatives aimed at fostering long-term social impact.

Enhancing Access to Quality Education

This contribution is part of ongoing efforts to improve access to affordable, high-quality education for Emirati students, aligning with Dubai’s future aspirations. The initiative aims to cultivate a generation of Emirati talent equipped with the necessary skills and knowledge to lead key sectors, thereby enhancing the UAE’s global competitiveness.

The renewed partnership between KFE and DIB underscores their mutual commitment to expanding access to future-ready education. This modern learning environment is designed to strengthen national identity, foster innovation and excellence, 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.

Public-Private Collaboration for National Development

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 key 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 additional significance, reflecting a commitment to supporting Emirati families and investing in future generations through education.

Abdulla Mohammed Al Awar, Chief Executive Officer of the Knowledge Fund Establishment, emphasized the value of DIB’s support. He stated that the ‘Dubai Schools’ project serves as a leading national example of impactful collaboration between the public and private sectors in advancing education and sustainable development. Al Awar noted that this ongoing contribution signifies a genuine commitment to empowering future generations and supporting national initiatives that yield lasting social impact.

The Role of Banking in Education Investment

Al Awar further remarked on the critical role the banking sector plays in advancing national development priorities. He stated that investing in education is fundamental for future growth. By providing Emirati students with access to high-quality education, the initiative aims to nurture a new generation of national talent capable of driving the country’s development journey and enhancing the UAE’s long-term competitiveness.

Obaid Al Shamsi, Chief Operating Officer of DIB, reiterated the importance of education in shaping a nation’s future. He remarked that the strength of any nation is rooted in the strength of its families, and quality education is essential for economic development. DIB’s commitment to the ‘Dubai Schools’ project reflects a belief that investing in Emirati students is a long-term investment in national resilience, social progress, global competitiveness, and sustainable prosperity.

Future Growth and Expansion Plans

As part of its vision for the continued growth of the ‘Dubai Schools’ project, KFE is implementing a series of expansion initiatives aimed at increasing capacity and enabling more Emirati students to benefit from a modern, future-focused educational environment. The second phase of the Nad Al Sheba campus expansion is expected to be completed in July, supporting the project’s 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 vital for ensuring the sustainability of the ‘Dubai Schools’ project. This initiative 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.zawya.com

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Published on 2026-06-02 20:19:00 • By the Editorial Desk

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