Data and dialogue key drivers of philanthropic impact across MENA

Data and dialogue key drivers of philanthropic impact across MENA

- $5 trillion of wealth across growth markets passed from one generation to the next over next 10 years, underscoring the need for enhanced mechanisms for giving

Sharjah, United Arab Emirates: To meet the growing demand for more cohesive philanthropic communities in the MENA region, Sheikh Saud Bin Saqr Al Qasimi Foundation for Policy Research in collaboration with the Organisation for Economic Co-operation and Development (OECD) Network of Foundations Working for Development (netFWD) and the Pearl Initiative, convened experts for a series of panel discussions at a joint event titled "Private Philanthropy for Development in the MENA". The discussions focused on building effective philanthropic communities across the region, drawing opinion from philanthropists and experts from the non-profit sector to promote improved data and dialogue.

The opening session titled 'Building philanthropic communities in the MENA region' featured H.E. Huda Alkhamis-Kanoo, Founder of Abu Dhabi Music & Arts Foundation, Badr Jafar, CEO of Crescent Enterprises and Founder of Pearl Initiative, and Hana Shahin, Executive Director of King Hussein Foundation. The discussion highlighted the importance of collaboration through sharing experiences and co-financing initiatives based on mutual objectives and the growing demand for transparency, accountability, and measurability in philanthropic giving across the region.

In an engaging discussion