Abu Dhabi-based Sorouh Real Estate Company and the Higher Colleges of Technology (HCT) signed Thursday a cooperation agreement under which the real estate developer will offer AED 1.6 million a year for real estate management bachelor degree course.
His Excellency Sheikh Nahyan bin Mubarak AI Nahyan, Minister of Higher Education and Scientific Research and Chancellor of HCT, and Saeed Al Ghufli, Chairman of Sorouh, signed the agreement.
Sheikh Nahyan highlighted the HCT's initiative for setting up a donor fund which will be a step forward in the HCT's relations with the corporate sector.
''The fund will open the door for companies to contribute positively to the progress of HCT on one hand and meet requirements of business sector from well-trained national professionals on the hand,''he added.
In his address, Sorouh Chairman said :''Today is a very special day for Sorouh because we are investing in the most important resource of the United Arab Emirates -Not oil, not land, not buildings, but PEOPLE. Today, we are announcing an investment ofAED 1.6 million a year in the Higher Colleges of Technology's Real Estate Management Bachelor degree course.
''We are creating a new chair, the Sorouh Dean of Real Estate Management. This Dean will lead the Bachelor of Applied Science (Business and Management) in Real Estate Management, helping to ensure that the UAE develops the best possible skills for the future, in a sector that is critical for the UAE growth and prosperity,''he indicated.
He also announced the sponsorship of 15 UAE nationals in the Real Estate Management programme, at an investment of AED 50,000 per student per annum.
''This announcement is far more than money; it is about creating a long-term partnership with the Higher Colleges, so that together we can bring forth a new generation of Emirati professionals in the real estate sector.
''The sponsorship is an investment in the future of our country's people and will help deliver an ever-growing base of professionals in this important sector,''he said. WAM
His Excellency Sheikh Nahyan bin Mubarak AI Nahyan, Minister of Higher Education and Scientific Research and Chancellor of HCT, and Saeed Al Ghufli, Chairman of Sorouh, signed the agreement.
Sheikh Nahyan highlighted the HCT's initiative for setting up a donor fund which will be a step forward in the HCT's relations with the corporate sector.
''The fund will open the door for companies to contribute positively to the progress of HCT on one hand and meet requirements of business sector from well-trained national professionals on the hand,''he added.
In his address, Sorouh Chairman said :''Today is a very special day for Sorouh because we are investing in the most important resource of the United Arab Emirates -Not oil, not land, not buildings, but PEOPLE. Today, we are announcing an investment ofAED 1.6 million a year in the Higher Colleges of Technology's Real Estate Management Bachelor degree course.
''We are creating a new chair, the Sorouh Dean of Real Estate Management. This Dean will lead the Bachelor of Applied Science (Business and Management) in Real Estate Management, helping to ensure that the UAE develops the best possible skills for the future, in a sector that is critical for the UAE growth and prosperity,''he indicated.
He also announced the sponsorship of 15 UAE nationals in the Real Estate Management programme, at an investment of AED 50,000 per student per annum.
''This announcement is far more than money; it is about creating a long-term partnership with the Higher Colleges, so that together we can bring forth a new generation of Emirati professionals in the real estate sector.
''The sponsorship is an investment in the future of our country's people and will help deliver an ever-growing base of professionals in this important sector,''he said. WAM
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