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Dubai, July 29, 2005 – Hisham Khalifa Al-Qaisi, executive director of the Dubai Knowledge Fund (19459003), confirmed that the institution froze any increase in value
Rent due to its assets leased to investors in the educational sector
2018-2019, as an initiative to support educational institutions and reduce the operating costs of
in this important vital sector.
Al-Qaisi said: "This initiative is part of the Knowledge Fund's efforts to support and develop the education sector in the Emirate of Dubai
in accordance with the efforts of the United Arab Emirates. government to encourage investment in this vital sector and the happiness of investors, students, parents and all
workers in the sector will achieve this stability of
benefits much in all these segments .. As part of this initiative , the Foundation
will freeze any rent increase due to the next school year
2018-2019 for all its investors to whom the provisions apply.
He emphasized that the initiative is part of the Foundation's ongoing contributions to the various levels of management commitment to establishing a true partnership
and working with the private sector to provide an attractive environment for successful investments
Support and develop the educational movement
in Dubai, and serve various segments of the community of citizens and residents
in the Emirate.
The Knowledge Fund Foundation operates as an integrated entity of investment and knowledge for the purpose of
providing various supports to the development of the knowledge and education sector and ensuring an ideal environment for this vital sector in accordance with international standards and practices. (19459003) to invest in various financial resources to finance, support and sponsor initiatives and various projects of knowledge and education by following the latest methods and instruments of investment to ensure the best possible environment for growth and the prosperity of the sector.
The Knowledge Fund Foundation is the agency responsible for monitoring and managing the educational resources and resources of the Emirate of Dubai in accordance with the Dubai Government's guidelines to create an educational environment based on the 39, innovation and excellence.
The Dubai Executive Council decided last month not to increase
the tuition fees of all private schools of Dubai for the academic year
2018-2019 in order to reduce the financial burden parents.
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