Knowledge Fund Establishment

Arising from the Government of Dubais belief in the importance of developing a knowledge society, the emirate has allocated limitless time and effort investing in Education. In light of this interest, the Knowledge Fund was established in 2007 by order of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister and Ruler of the Emirate of Dubai to act as a cornerstone that will enable the accomplishment of Dubais strategic vision through striving towards sustainable development in the emirate. The Knowledge Fund seeks to effectively participate in developing Dubais knowledge capital, through profitably managing funds. In order to achieve this, the Knowledge Fund identifies, and uses state of the art investment strategies to support its initiatives in the different sectors of society. Through the Knowledge Fund, the Government of Dubai emphasizes the importance of investing in education, thus promoting the construction of a Knowledge Economy in Dubai....