First pledges towards GPE’s “Raise Your Hand” financing campaign in the Middle East
JEDDAH, 6 April 2021 – The Islamic Development Bank and Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives, today committed $202.5 million towards GPE’s 2021-2025 “Raise Your Hand” financing campaign, with the Islamic Development Bank pledging $200 million and Dubai Cares contributing $2.5 million.
The pledges – the first from the Middle East region – use innovative financing approaches to help transform education in lower-income countries.