Saturday, May 19, 2007

OK, now I'm impressed

His words speak for themselves.
Snips from the BBC online article:

The ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum, says he is giving $10bn (£5bn) to set up an educational foundation in the Middle East.

It is thought to be one of the largest charitable donations in history.

The announcement was made to widespread applause at the World Economic Forum, which is being held in Jordan.

At the moment, he explained, there was high illiteracy in the region - where more than 40% of Arab women cannot read or write.

The whole Arab world publishes fewer books than the country of Turkey.

"Our region needs at this moment 15 million job opportunities, and our Arab world will need in the next 20 years between 74 to 85 million job opportunities," the sheikh told the conference.

"In order to realise these objectives, I have decided to establish the Mohammed bin Rashid al-Maktoum Foundation to focus on human development, and have I decided to endow a fund of $10bn to finance its projects," he said.

http://news.bbc.co.uk/1/hi/world/middle_east/6672923.stm

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