This Decree establishes a private arts and culture institution in the Emirate, designated as the "Abdulrahman bin Mohammed Al Owais Cultural Foundation." This organization operates as a non-governmental, non-profit entity endowed with legal personality and the requisite capacity to fulfill its objectives and functions. It possesses financial and administrative autonomy and is owned by its founder, Abdulrahman bin Mohammed Al Owais.

The Foundation's headquarters will be located in Sharjah. The Board of Trustees is empowered to establish branches or additional offices within the emirate through a formal resolution. Additionally, the Foundation will be registered with the Sharjah Economic Development Department.

The Foundation's mission, as articulated in the decree, is to support the development of culture and the arts throughout the emirate. Its objectives include promoting community awareness of heritage, cultural, and artistic values, as well as preserving and showcasing the founder's valuable collections, which comprise rare manuscripts, artistic artifacts, and heritage items. The Foundation aims to make these holdings accessible to the public in a manner that enriches general culture and sustains national identity.

Foundation responsibilities

The decree delineates that, in furtherance of its goals, the Foundation shall undertake the following responsibilities:

1. To provide support and sponsorship for cultural, artistic, and educational initiatives and projects that align with the Foundation's mission and contribute to the advancement of culture and the arts within the Emirate.

2. To collect and document heritage artifacts of historical, cultural, and artistic significance, particularly the founder's personal collection, while preparing comprehensive records for each item, which shall include photographs along with historical and artistic information.

3. To maintain and restore these artifacts to ensure their preservation in optimal condition, engaging experts and specialists as necessary to facilitate this process.

4. To prepare and publish studies and materials that illuminate cultural heritage and national identity while contributing to the dissemination of knowledge.

5. To establish cultural partnerships with governmental and private entities as well as educational institutions, fostering collaborative efforts in cultural development.

Forming Board of Trustees

The institution is governed by a board that serves as its highest authority and exercises all powers in accordance with the provisions outlined in this decree and the established bylaws. In the interim, until the board is constituted, the founder is responsible for managing the institution and representing it before all governmental and private entities and individuals. The founder will exercise full powers, issue decisions, and undertake all actions in alignment with the provisions of this decree and the bylaws.

The initial board of trustees is established through a decision made by the founder, who also serves as the chairperson. The composition of the board, the duration of its members' terms, and the procedures for their appointment and removal will be specified in the institution's bylaws. A chairperson and a vice-chairperson will be appointed from within the board's members. The board shall exercise the powers delineated in this decree and the bylaws.

According to the decree, the Board of Trustees shall possess the following powers:

1. To establish the overarching policy of the institution, develop the requisite plans for its advancement, and oversee their execution.

2. To formulate the institution's bylaws and other regulations and directives essential for the organization of its operations, management, and affairs.

3. To render decisions and undertake all actions required to fulfill the institution's objectives or to exercise its powers.

4. To approve the institution's overall budget and final financial accounts.

5. To create both permanent and temporary committees and delineate their functions, responsibilities, and operating procedures.

6. To appoint a director and a financial manager for the institution while defining their respective authorities.

7. To delegate any or all of the Board's powers to other individuals or entities.

The decree also encompassed several legal articles that govern financial aspects, outline the fundamental framework, establish final provisions, and address enforcement and publication, among other considerations.