Monday, December 11, 2017

UAE developer Manazel partners with May Institute

Manazel Real Estate (Manazel), a leading UAE developer, said it has signed a Memorandum of Understanding (MoU) with US-based May Institute to explore the need for and feasibility of developing and operating a school for children with autism spectrum disorder (ASD) in the emirates.

The MoU reflects the shared goals of Manazel and May Institute to support ASD children.

May Institute center  is one of the largest and most well-respected providers of special education schools and services for children, adolescents, and adults with autism and other special needs in the US. The non-profit organization will deliver due diligence services to Manazel to explore this project.

This new venture is in line with Manazel’s strategic initiative to diversify and expand into dynamic growth and niche markets capitalising on a range of opportunities while also servicing part of a community by through the provision of unique education and raising awareness.

Commenting on the new strategic partnership, Manazel’s chairman Mohamed M. Al Qubaisi said: "This reflects our constant search for opportunities that lead towards growth momentum and the company’s commitment to its on-going expansion strategy to enter new growth and niche markets."

"We continue to work towards achieving the Abu Dhabi Economic Vision 2030 by taking sound steps and studying endeavors which deliver unique and creative real estate projects for the greater community," he noted.

"In the pursuit of delivering optimal shareholder value, Manazel  remains focused on pursuing opportunities that complements its overall business strategy while also fulfilling  the UAE's efforts to support individuals with disabilities in order for them to be active members of society," he added.

On the new MoU, Dr Lauren C. Solotar, the president and CEO of May Institute, said: "We look forward to collaborating with Manazel on this assessment and are pleased to share our expertise with the UAE."

"May Institute and its National Autism Center respond to national and global demand for a broad range of needs and services, including the dissemination of best practices in applied behavior analysis treatment of autism spectrum disorder and other developmental disabilities; training in applied behavior analysis; and the start-up and operation of schools and programs for autism both nationally and internationally," he added.

As the number of individuals diagnosed with autism increases across the globe, the need for effective, research-based interventions is more critical than ever.

"This potential project aligns with our strategic goal of expanding our reach to provide innovative ABA services to individuals with autism spectrum disorder across the lifespan," he added.-TradeArabia News Service

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