The General Directorate of Endowments of the Ministry of Endowments (Awqaf) has inaugurated a new endowment project in Muaither, comprising three residential villas specifically designed based on highest architectural standards.
The move underscores Awqaf's commitment to establishing enduring projects that support the real estate sector and providing housing solutions that meet the community's needs.
Director-General of the General Directorate of Endowments Eng. Hassan Abdullah Al Marzouqi affirmed that the project is an adjunct to the endowment investment projects that generate sustainable returns in support of endowment programs and enhance the societal advancement.
The project fuses the epochal design with carefully learned spaces and sophisticated facilities, positioning itself as an integrated model that meets the needs of contemporary families and offers an integrated housing environment that bolsters life quality, added Al Marzouqi.
He explained that the General Directorate of Endowments operates based on a strategic vision that aims to maximize the utmost utilization of endowment assets through meticulously learned investments that achieve best added value for the community and contribute to achieving sustainable development.
The project reflects the General Directorate of Endowments' orientation toward advancing real estate endowment projects through an out-of-the-box style that observes market requirements and achieves equilibrium between investment and social sustainability, he said.
Al Marzouqi highlighted that these residential villas reflect the state-of-the-art endowment projects that ensure long-term benefits, emphasizing that the General Directorate is determined to launch further innovative projects that best suit the needs and bolster the endowment's role as a core pillar of economic and social development.
