Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Awqaf Dubai Reports AED1.48B Asset Growth in 2025

Awqaf Dubai Reports AED1.48B Asset Growth in 2025

Post by : Badri Ariffin

The Awqaf Dubai Endowment and Minors’ Trust Foundation has unveiled impressive financial results for the year 2025, showcasing a total asset valuation reaching AED1.48 billion. This represents a remarkable growth of 17.4% when compared to 2024.

This announcement was shared during the 14th meeting of the board for 2026, which reviewed reports from the Financial Affairs Department. Essa Al Ghurair, the Chairman of Awqaf Dubai, oversaw the proceedings, attended by Secretary-General Ali Mohammed Al Mutawa and other board members.

The board evaluated investment outcomes for minors and individuals under their care from 2023 through 2025. Discussions also included future strategies aimed at preserving and enhancing assets while balancing risk profiles.

Financial outcomes indicated that total income for 2025 reached AED71.2 million, reflecting a 12% rise from the prior year, while expenses held steady at approximately AED14.4 million. This culminated in a net operating profit of AED57 million, representing a 15% uptick, underscoring effective operational management.

Chairman Essa Al Ghurair credited this growth to Awqaf Dubai’s systematic approach to fund management, noting that the organization’s investment strategies have not only preserved assets but also boosted returns in alignment with national objectives.

He further disclosed that 97% of assets have been strategically invested in stable options over three years, designed to balance risk and return while ensuring the sustainability and protection of beneficiaries' rights.

Ali Mohammed Al Mutawa added that Awqaf Dubai is continually refining its financial management practices in line with global standards. This commitment enhances asset management efficiency and solidifies public confidence.

He emphasized that increasing asset valuation to AED1.48 billion highlights the success of their strategic plans. Awqaf Dubai remains committed to pursuing sophisticated strategies, diversification, and prudent investments to amplify returns for beneficiaries and their families.

May 5, 2026 3:57 p.m. 536

#world news #Global News #Dubai News #UAE News

Most Americans Say Trump Profited Improperly, Poll Finds
Aug. 19, 2026 3:58 p.m.
A Reuters/Ipsos poll finds 63% of Americans call Trump crypto profits inappropriate, while 69% say business interests influence his decisions
Read More
BKE Accident: SBS Transit Bus Driver Among Three Hurt
Aug. 19, 2026 3:38 p.m.
Three people, including an SBS Transit bus driver, were taken to hospital after a multi-vehicle crash on the BKE in Singapore on Aug 19
Read More
RM1.74m Jewellery Stolen in Genting Highlands Heist
Aug. 19, 2026 3:30 p.m.
Three armed men robbed a goldsmith at SkyAvenue, Genting Highlands, stealing 81 jewellery pieces worth RM1.74 million before fleeing in a BMW
Read More
Pakistan SC Orders Imran Khan’s Transfer to Private Hospital
Aug. 19, 2026 3:18 p.m.
Pakistan’s Supreme Court has ordered Imran Khan’s transfer from jail to a private Islamabad hospital, citing concerns over his health and safety
Read More
Philippines School Shooting Leaves Student and Gunman Dead
Aug. 19, 2026 3:08 p.m.
A student shot and killed a classmate at a school in Zamboanga, Philippines, before taking his own life. Two others were injured in the attack
Read More
LandSpace Successfully Lands Zhuque-3 Rocket Booster in China
Aug. 19, 2026 1:14 p.m.
LandSpace successfully lands its Zhuque-3 booster, marking a major step for China’s reusable rocket technology and commercial space industry
Read More
Kuwait Customs Thwart Gold Smuggling Attempts by Two Indian Travelers
Aug. 19, 2026 12:50 p.m.
Kuwait Customs intercepted two Indian flyers to Ahmedabad, seizing 855g of 24-karat gold hidden in their accessories.
Read More
July Cargo Volume at Port of Los Angeles Hits Second-Highest Record
Aug. 19, 2026 11:38 a.m.
The Port of Los Angeles recorded 960,464 TEUs in July, driven by strong imports and rising consumer demand.
Read More
South Korea-US Drills Cut to Five Days Amid North Korea Tensions
Aug. 19, 2026 11:23 a.m.
South Korea and the US have cut joint military drills from 11 days to five, reducing field training after Trump ordered a major US participation cut
Read More