Sharjah Executive Council Reviews Key Findings Of 2024 Endowment Trusts Account Report

H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, led the Sharjah Executive Council (SEC) meeting on Tuesday. The session took place at the Sharjah Ruler’s Office, with H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the SEC, also in attendance.

The council focused on evaluating the performance of government departments and implementing public policies in Sharjah. Their goal is to enhance services across various sectors for the community's benefit. This involves ensuring that plans are effectively executed to meet these objectives.

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A report was presented detailing the services offered by museums in Sharjah to visitors from different regions. These museums play a crucial role in sharing historical, cultural, heritage, artistic, and Islamic knowledge. They also provide an educational and entertaining experience for all age groups, from children to adults.

The council examined the annual report for the Endowment Trusts Account for 2024. This report highlighted significant achievements and initiatives undertaken during the year. It showed growth in assets, revenues, and donations towards various endowment projects.

The report also covered completed endowment projects that have strengthened endowments as a sustainable developmental tool. Key figures and statistics were shared, including income statements for both the endowment trust account and wills and endowment deeds.

Endowment Projects and Investments

The council learned about endowment projects implemented during 2024 and details about endowment assets. Information was provided on entities benefiting from these projects both within the country and internationally. Additionally, insights into endowment investments were discussed.

The meeting underscored the importance of these initiatives in reinforcing Sharjah's commitment to sustainable development through effective management of resources and strategic planning.

With inputs from WAM