The Mohammed bin Rashid Al Maktoum Foundation has signed Memorandums of Understanding with six US universities for its Fellows scholarship programme. The Fellows programme aims to develop future business leaders by offering a fully funded scholarship to qualified Arab candidates who can demonstrate leadership, dedication and commitment to the Arab world's socio-economic development. Twenty-eight universities are now part of the programme, with the latest being schools at the universities of Columbia, Harvard, Berkley, Michigan, Johns Hopkins and Yale.