Key Takeaways
- • Sheikh Mohammed bin Rashid Al Maktoum reviewed plans for a Dh500 million endowment project by Sobha Realty in Dubai, with all returns dedicated to the Arab Reading Challenge.
- • The project is located in Al Barsha South 3, with construction scheduled to begin in Q1 2027 and completion within 36 months.
- • The development will combine residential units, offices, and commercial activities and services, according to the report.
- • The 10th edition of the Arab Reading Challenge drew a record 40.3 million students from 60 countries, up 24 per cent from the previous edition.
- • Egypt's Mayar Mohammed Ragab Othman was crowned champion on 29 October, receiving Dh500,000.
Summary
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has reviewed the plans and implementation stages for a Dh500 million endowment project being developed by Sobha Realty in Dubai. All returns from the project are earmarked for the Arab Reading Challenge, according to Gulf News.
The endowment is intended to support the initiative's strategic plans to expand its knowledge and cultural programmes, preserve the Arabic language, and give younger Arab generations access to modern knowledge and science. The development is located in Al Barsha South 3 and is scheduled to begin construction in the first quarter of 2027, with completion within 36 months. It will bring together residential units, offices, commercial activities and services, with an architectural approach designed to balance design quality, economic efficiency and operational sustainability.
The review follows the conclusion of the challenge's 10th edition on Thursday, 29 October, when Sheikh Mohammed crowned Egypt's Mayar Mohammed Ragab Othman champion at the Dubai World Trade Centre. She received Dh500,000, with Palestine's Ghazal Rashad Adel Tayyem placing second and Saudi Arabia's Rayan bin Adeeb Ali Al Zakeri finishing third.
This year's competition attracted a record 40.3 million students from 60 countries, an increase of 24 per cent over the previous edition, with more than 138,000 schools and 161,000 supervisors participating. Launched by Sheikh Mohammed in 2015, the Arab Reading Challenge encourages schoolchildren to develop a lasting reading habit and strengthen their command of Arabic. Organised under Mohammed bin Rashid Al Maktoum Global Initiatives, it challenges students to read and summarise 50 books during an academic year.
The endowment is intended to support the initiative's strategic plans to expand its knowledge and cultural programmes, preserve the Arabic language, and give younger Arab generations access to modern knowledge and science. The development is located in Al Barsha South 3 and is scheduled to begin construction in the first quarter of 2027, with completion within 36 months. It will bring together residential units, offices, commercial activities and services, with an architectural approach designed to balance design quality, economic efficiency and operational sustainability.
The review follows the conclusion of the challenge's 10th edition on Thursday, 29 October, when Sheikh Mohammed crowned Egypt's Mayar Mohammed Ragab Othman champion at the Dubai World Trade Centre. She received Dh500,000, with Palestine's Ghazal Rashad Adel Tayyem placing second and Saudi Arabia's Rayan bin Adeeb Ali Al Zakeri finishing third.
This year's competition attracted a record 40.3 million students from 60 countries, an increase of 24 per cent over the previous edition, with more than 138,000 schools and 161,000 supervisors participating. Launched by Sheikh Mohammed in 2015, the Arab Reading Challenge encourages schoolchildren to develop a lasting reading habit and strengthen their command of Arabic. Organised under Mohammed bin Rashid Al Maktoum Global Initiatives, it challenges students to read and summarise 50 books during an academic year.
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