UAE placed as a hub for philanthropy

Inayat-ur-Rahman, Business Editor

Held under the patronage of Sheikh Theyab Bin Mohamed Bin Zayed Al Nahyan, Chairman of the International Humanitarian and Philanthropic Council, the Conference themed ‘One Asia, One Future,’ brought together thought leaders, investors, philanthropists, corporations, policymakers, researchers, entrepreneurs, and implementing organisations from around the world to foster wide-reaching alliances for collaborative action in Asia.

During a plenary interview with Badr Jafar, CEO of Crescent Enterprises and Special Envoy for Business & Philanthropy, that focused on the crucial role of strategic philanthropy in driving positive change across global growth markets, he expressed “With 26 trillion dollars expected to transition to the next generation in Asia and Africa over the coming two decades, there are enormous possibilities for our global growth markets, both in the Arab world and beyond, to become centres for large scale strategic philanthropy and social innovation. The UAE stands at the forefront of this enormous opportunity.”

The discussion with Badr Jafar, moderated by Mina Al-Oraibi, Editor in Chief, The National, explored the intricacies of strategic philanthropy at the nexus of business, social responsibility, and environmental sustainability. The discussion highlighted the importance of philanthropic frameworks and networks and the challenges and opportunities in addressing the climate change agenda, as well as emerging trends in global philanthropy.

Underscoring the importance of transparency and sharing data driven insights, Badr Jafar commented: “Data and research are crucial elements that enhance the impact of philanthropy, and we must invest seriously in boosting this.