The Knowledge Fund Establishment (KFE) has renewed its partnership with Dubai Islamic Bank (DIB), which has committed AED 11 million to support the ‘Dubai Schools’ project for the 2026-2027 academic year.

The contribution marks the third consecutive year of support from DIB and forms part of ongoing efforts to expand access to affordable, high-quality education for Emirati students while advancing Dubai’s long-term development ambitions.

KFE said the partnership reflects a shared commitment to building a future-ready education system through modern learning environments that foster innovation, strengthen national identity, and promote academic excellence while responding to the demands of emerging industries.

The initiative aligns with the objectives of the Dubai Social Agenda 33, Dubai Economic Agenda D33, and Education 33 Strategy, which place human capital development at the center of the emirate’s growth agenda.

The latest contribution will support the development of Emirati talent equipped with the skills needed to contribute to strategic sectors and enhance the UAE’s global competitiveness. It also underscores the growing role of public-private partnerships in advancing education and accelerating human capital development.

During the UAE’s ‘Year of the Family’, the partnership carries added significance as both organizations seek to empower Emirati families and invest in future generations through education.

Abdulla Mohammed Al Awar, Chief Executive Officer of KFE, said DIB’s continued support represents “a leading national example of impactful collaboration between the public and private sectors in advancing education and sustainable development.”

He added that sustained investment in education remains critical to nurturing future national talent and strengthening the UAE’s long-term competitiveness.

Obaid Al Shamsi, Chief Operating Officer of DIB, said the bank views investment in education as a long-term investment in “national resilience, social progress, global competitiveness, and sustainable prosperity.”

“In the ‘Year of the Family’, this partnership carries even greater significance as it supports families in providing their children with an education that nurtures confidence, ambition, and character,” he said.

As part of the continued expansion of the ‘Dubai Schools’ project, KFE is increasing student capacity and broadening access to future-focused learning opportunities. The second phase of the Nad Al Sheba campus expansion is scheduled for completion in July and will support the project’s goal of reaching 15,000 students by the 2032-2033 academic year.

KFE said private-sector contributions, including DIB’s ongoing support, remain vital to the initiative’s long-term sustainability as Dubai continues to strengthen its education ecosystem and create greater opportunities for Emirati students.