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06.25.08 by Bärbel Schwertfeger

Saïd: Development Fund for 25 million British pounds

Wafic Rida Saïd, lead benefactor of the Saïd Business School, has established a Strategic Development Fund in order to support the school in its strategic development. The capital contribution is in the amount of 25 million British pounds.
Saïd: Development Fund for 25 million British pounds
The Syrian-Saudi businessman already donated 23 million pounds for the establishment of the business school at Oxford University. The gift was announced on the occasion of the opening of the most important donation campaign ever organized by Oxford. In total, the university hopes to raise at least 1.25 billion pounds. By the end of May there was already the promise of 575 million pounds.

“The fund will allow us to advance our goal of establishing the school as a truly exceptional institution,” explained Professor Colin Mayer, Dean of the Saïd Business School. The business school is an integral part of one of the best known universities in the world and as such it is able to provide a depth and breadth of education and research that few other business schools are able to match. The new Strategic Development Fund will ensure that it is able to offer its faculty, students, staff and corporate partners the excellence in service that can be expected of a leading global school.”
www.sbs.ox.ac.uk