Latest news with #BadrJafar
Khaleej Times
27-05-2025
- Business
- Khaleej Times
Over $2 trillion in philanthropic capital is deployed globally each year
Globally, approximately $2 trillion in philanthropic capital is deployed annually, with significant potential yet to be realized through strategic, data-driven models of giving. With an estimated $1 trillion expected to transition to the next generation across the Middle East by 2030, the UAE is actively fostering new, evidence-based models of philanthropy designed for transparency, accountability, and scalable impact. More than $200 billion in private capital is donated across the Gulf every year. At the inaugural TIME100 Philanthropy dinner, global leaders gathered in New York City to honour visionary individuals driving transformative change through philanthropy. The event underscored a shared commitment among honourees to advance solutions addressing critical global issues, including health, equality, culture, and economic empowerment. Featuring prominent names such as Oprah Winfrey, Warren Buffett, David Beckham, Aliko Dangote, Catherine, Princess of Wales and Prince William, Mukesh and Nita Ambani, MacKenzie Scott, Michael Bloomberg, Melinda French Gates, Dolly Parton, Jack Ma, Lin-Manuel Miranda, and Jose Andres, the TIME100 Philanthropy list celebrates diverse and dedicated philanthropists from 28 nations who are filling critical gaps and reimagining the role of giving worldwide. Among those recognized was Badr Jafar, CEO of Crescent Enterprises and Special Envoy for Business and Philanthropy, UAE. Jafar emphasized philanthropy's evolving role, stating, 'Real philanthropy isn't charity. It is about letting what we see change us, and allowing that change to guide how we live, with compassion and courage. Across Asia and Africa, philanthropy is quietly being reimagined, shifting from transactional giving toward transformational impact.' Jafar also highlighted the strategic importance of philanthropy journalism: 'Sharing what's working – and also where we fall short – is essential. It encourages transparency and accountability, allowing us to learn and improve continually.' Reflecting on the UAE's growing role as a global hub for impactful philanthropy, Jafar added, 'As a proud Emirati, I've witnessed the transformative power of collaboration. The UAE increasingly demonstrates that significant challenges can be tackled effectively when diverse sectors of society work together.' Ayesha Javed, TIME's lead for the TIME100 Philanthropy initiative, stated, 'This list celebrates leaders who have stepped forward to make a difference at a pivotal moment globally, directing resources thoughtfully and strategically into the communities that need it most.' The TIME100 Philanthropy event offered an inspiring vision of how leaders worldwide are collaboratively redefining philanthropy to address global challenges with insight, innovation, and integrity.
Khaleej Times
24-04-2025
- Business
- Khaleej Times
Badr Jafar named UAE special envoy for business and philanthropy
In a move to boost global cooperation and sustainable development, the UAE has appointed Badr Jafar as Special Envoy for Business and Philanthropy. The announcement was made by Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, as part of the country's broader efforts to strengthen ties between government, business and philanthropy. Jafar's new role aims to enhance the UAE's engagement with global business and philanthropic communities, reinforcing its commitment to innovation, investment and social progress. Speaking on his appointment, Jafar said he is deeply honoured and emphasized the need for bold, collective action to tackle global challenges. This appointment aligns with the UAE's strategic visions, including 'We the UAE 2031' and 'Centennial 2071', as the country continues to position itself as a global hub for sustainable finance and economic diplomacy. The UAE's non-oil sectors grew by 4.5 per cent in the first nine months of 2024, accounting for nearly 75 per cent of the nation's real GDP — a reflection of its thriving private sector and diversified economy. And with a top-10 global ranking in the World Giving Index in 2024, the UAE continues to demonstrate leadership in both economic and philanthropic impact. Strategic objectives of the Special Envoy: • CONNECTING: Facilitating engagement and coordination between the private sector and government entities in the UAE, and with the private sector internationally. • MOBILISING: Enabling business and philanthropy stakeholders to support the UAE's diplomatic and strategic objectives. • ADVOCATING: Promoting common understanding of the importance of public, private and philanthropic coordination and collaboration and the opportunities that exist to put it into practice.
Arabian Business
22-04-2025
- Business
- Arabian Business
UAE appoints Badr Jafar as Special Envoy for Business and Philanthropy
The United Arab Emirates has appointed Badr Jafar as Special Envoy for Business and Philanthropy, a move aimed at deepening ties between government, business and charitable sectors as the Gulf country seeks to bolster its role in sustainable development and economic diplomacy. The appointment was announced by Sheikh Abdullah bin Zayed Al Nahyan, the UAE's Minister of Foreign Affairs and Deputy Prime Minister, and comes as part of the country's broader strategy to enhance cooperation between the public and private sectors. Jafar, a prominent Emirati businessman and social entrepreneur, will be tasked with connecting domestic and international private sector actors with government institutions, mobilising support for the UAE's diplomatic initiatives, and advocating for greater coordination across business and philanthropy. The move aligns with the UAE's long-term development visions, including the 'We the UAE 2031' agenda and the 'Centennial 2071' plan, which aim to diversify the economy, position the country as a global hub for innovation and finance, and enhance its international influence. Non-oil sectors contributed approximately 75 per cent of the UAE's real GDP in the first nine months of 2024, growing by 4.5 per cent year-on-year – a sign of the expanding role of the private sector in the country's economic landscape. The UAE also ranked among the top 10 countries in the 2024 World Giving Index, underlining its increasing emphasis on philanthropy and social impact on the global stage.
TAG 91.1
21-04-2025
- Business
- TAG 91.1
Badr Jafar named UAE special envoy for business and philanthropy
In a move to boost global cooperation and sustainable development, the UAE has appointed Badr Jafar as Special Envoy for Business and Philanthropy. The announcement was made by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, as part of the country's broader efforts to strengthen ties between government, business and philanthropy. Jafar's new role aims to enhance the UAE's engagement with global business and philanthropic communities, reinforcing its commitment to innovation, investment and social progress. Speaking on his appointment, Jafar said he is deeply honoured and emphasized the need for bold, collective action to tackle global challenges. This appointment aligns with the UAE's strategic visions, including 'We the UAE 2031' and 'Centennial 2071', as the country continues to position itself as a global hub for sustainable finance and economic diplomacy. The UAE's non-oil sectors grew by 4.5 per cent in the first nine months of 2024, accounting for nearly 75 per cent of the nation's real GDP — a reflection of its thriving private sector and diversified economy. And with a top-10 global ranking in the World Giving Index in 2024, the UAE continues to demonstrate leadership in both economic and philanthropic impact. Strategic objectives of the Special Envoy: CONNECTING: Facilitating engagement and coordination between the private sector and government entities in the UAE, and with the private sector internationally. MOBILISING: Enabling business and philanthropy stakeholders to support the UAE's diplomatic and strategic objectives. ADVOCATING: Promoting common understanding of the importance of public, private and philanthropic coordination and collaboration and the opportunities that exist to put it into practice.
Sharjah 24
21-04-2025
- Business
- Sharjah 24
Abdullah bin Zayed appoints Sp. Envoy for Bus. and Philanthropy
The UAE has long championed a pioneering model where business, investment and philanthropy collaborate. Today, the UAE stands among the world's fastest-growing economies, as its non-oil sectors achieved an increase of 4.5 percent during the first nine months of 2024, representing 74.6 percent of real GDP. This is a testament to its robust private sector, thriving innovation and competitive ecosystem, and reflects the UAE's commitment to economic diversification. In 2024, the UAE ranked 9th globally in the World Giving Index, demonstrating its leading role - grounded in core values and strategic alliances - and highlighting the importance of leveraging partnerships to drive economic growth and societal benefit. As Special Envoy, Badr Jafar will work to strengthen the UAE's engagement with global business and philanthropic communities, enhancing the role of the private sector in addressing shared global priorities. By fostering significant partnerships and unlocking new avenues for investment and innovation, this role reinforces the UAE's position as a dynamic hub for economic diplomacy, sustainable finance, and social progress, reflecting the country's belief in the importance of cooperation, future vision and shared responsibilities, and aligned with the strategic vision of the 'UAE Centennial 2071'. In this regard, Badr Jafar said, "I am deeply honoured to serve as Special Envoy for Business and Philanthropy, a role that embodies our nation's unwavering commitment to multi-stakeholder collaboration. The global challenges we face demand bold solutions and collective action. By bridging the efforts of government, business and philanthropy, we can accelerate sustainable development and create lasting prosperity for all.' The UAE continues its efforts to promote sustainable economic development, aiming to double its GDP to AED3 trillion (US$817 billion) by the next decade, in line with the 'We the UAE 2031' vision. With a proven track record of leading global partnerships, the UAE remains steadfast in its mission to turn today's challenges into tomorrow's opportunities. About the Special Envoy for Business and Philanthropy The appointment by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, of a Special Envoy for Business and Philanthropy strengthens the country's diplomatic influence by integrating business and philanthropy into its global engagements. This champions a diplomacy-driven approach that leverages the power of multi-stakeholder partnerships to drive sustainable impact and shared prosperity. Strategic Objectives: 1. CONNECTING: Facilitating engagement and coordination between the private sector and governmental entities in the UAE, and with the private sector internationally. 2. MOBILISING: Enabling business and philanthropy stakeholders to support the UAE's diplomatic and strategic objectives 3. ADVOCATING: Promoting common understanding of the importance of public, private, and philanthropic coordination and collaboration and the opportunities that exist to put it into practice. The Special Envoy's mandate embodies the principles outlined in the UAE's national visions, including 'We the UAE 2031' vision and 'Centennial 2071,' aiming to position the UAE as a global leader in economic influence and philanthropic endeavours.
