The Awqaf and Minors Affairs Authority will manage all endowment affairs in Abu Dhabi and invest and safeguard minors' wealth. Khushnum Bhandari / The National
The Awqaf and Minors Affairs Authority will manage all endowment affairs in Abu Dhabi and invest and safeguard minors' wealth. Khushnum Bhandari / The National
The Awqaf and Minors Affairs Authority will manage all endowment affairs in Abu Dhabi and invest and safeguard minors' wealth. Khushnum Bhandari / The National
The Awqaf and Minors Affairs Authority will manage all endowment affairs in Abu Dhabi and invest and safeguard minors' wealth. Khushnum Bhandari / The National

Abu Dhabi creates body to regulate endowments and minors’ trusts


Deepthi Nair
  • English
  • Arabic

Abu Dhabi has passed a new law to establish the Awqaf and Minors Affairs Authority as part of efforts to support the UAE’s vision for social development and welfare.

President Sheikh Mohamed, the Ruler of Abu Dhabi, issued the law establishing the Awqaf and Minors Affairs Authority in the UAE’s capital, the Abu Dhabi Media Office reported on Friday.

The new entity will assume the responsibilities of the Social Care and Minors Affairs Foundation and all its assets, properties, rights and liabilities will be transferred to the new agency.

“The AMAA will also manage all endowment affairs in the emirate,” the media office said.

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, appointed Abdulhamid Saeed, former governor of the Central Bank of the UAE, as chairman of the Awqaf and Minor Affairs Authority, the media office tweeted on Friday.

An endowment is a donation of money or property to a non-profit organisation, which uses the resulting investment income for a specific purpose.

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, launched the Dubai Endowments Strategy in April to spread the culture of endowments and reinforce the emirate’s role as a global leader in philanthropy and humanitarianism.

The strategy also aims to provide a road map for building a sustainable endowment sector. Awqaf Dubai will oversee the implementation of the strategy.

The value of Dubai’s endowments reached Dh8.8 billion ($2.4 billion) in 2022, with 493 endowers and a total of 839 endowments.

In co-ordination with the General Authority of Islamic Affairs and Endowments, the AMAA will take measures to manage endowment affairs in Abu Dhabi, including endowment registration, supervision and the issuing of permits for endowment institutions in the emirate, the statement said.

The new entity will also manage, invest, grow and safeguard endowment and minors’ wealth.

The AMAA can buy shares in companies and funds to invest in the UAE and abroad in line with Sharia and applicable laws.

An investment committee, whose members are non-AMAA employees, will be established to make decisions on the investment of minors’ and endowment assets, according to the statement.

The new body will also organise events on the management of endowment and minors’ wealth to promote the values of giving in the emirate.

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Michael Ondaatje, Knopf 

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The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

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Rating: 3.5/5

Third Test

Day 3, stumps

India 443-7 (d) & 54-5 (27 ov)
Australia 151

India lead by 346 runs with 5 wickets remaining

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Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding

The biog

Name: Mariam Ketait

Emirate: Dubai

Hobbies: I enjoy travelling, experiencing new things, painting, reading, flying, and the French language

Favourite quote: "Be the change you wish to see" - unknown

Favourite activity: Connecting with different cultures

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Essentials

The flights
Emirates, Etihad and Malaysia Airlines all fly direct from the UAE to Kuala Lumpur and on to Penang from about Dh2,300 return, including taxes. 
 

Where to stay
In Kuala Lumpur, Element is a recently opened, futuristic hotel high up in a Norman Foster-designed skyscraper. Rooms cost from Dh400 per night, including taxes. Hotel Stripes, also in KL, is a great value design hotel, with an infinity rooftop pool. Rooms cost from Dh310, including taxes. 


In Penang, Ren i Tang is a boutique b&b in what was once an ancient Chinese Medicine Hall in the centre of Little India. Rooms cost from Dh220, including taxes.
23 Love Lane in Penang is a luxury boutique heritage hotel in a converted mansion, with private tropical gardens. Rooms cost from Dh400, including taxes. 
In Langkawi, Temple Tree is a unique architectural villa hotel consisting of antique houses from all across Malaysia. Rooms cost from Dh350, including taxes.

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Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

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Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Key products and UAE prices

iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229

iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649

iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179

Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.

Syria squad

Goalkeepers: Ibrahim Alma, Mahmoud Al Youssef, Ahmad Madania.
Defenders: Ahmad Al Salih, Moayad Ajan, Jehad Al Baour, Omar Midani, Amro Jenyat, Hussein Jwayed, Nadim Sabagh, Abdul Malek Anezan.
Midfielders: Mahmoud Al Mawas, Mohammed Osman, Osama Omari, Tamer Haj Mohamad, Ahmad Ashkar, Youssef Kalfa, Zaher Midani, Khaled Al Mobayed, Fahd Youssef.
Forwards: Omar Khribin, Omar Al Somah, Mardik Mardikian.

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Updated: May 26, 2023, 2:34 PM