DUBAI: In cooperation with the Mohammed Bin Rashid Global Centre for Endowment Consultancy, Kuwait’s CYLKA Social Responsibility and Public Relations has announced the launch of the Advisory Services Endowment in support of entrepreneurship. It will operate through the provision of a series of consultations on communications being funded in the form of an Endowment to the Kuwaiti Business Council in Dubai and Northern Emirates and is being undertaken under the auspices of the Dubai Chamber of Commerce and Industry.

The launch of this innovative Endowment comes in line with the decision of President His Highness Sheikh Khalifa Bin Zayed Al Nahyan to declare 2018 as the “Year of Zayed”, and is in accordance with the Endowment law launched by The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, to revive Endowments as a development tool for communities. CYLKA has now received the Dubai Endowment Sign from the Mohammed Bin Rashid Global Centre for Endowment Consultancy, in recognition of its community contribution as a role model in the private sector.

This sustainable community service comes in line with the concept of Innovative Endowment developed by the Centre.

This allows the creation of different types of endowments as a developmental tool through the provision of services, products and others and not limiting them to real estate assets.