Jubail forum to focus on city planning issues

Updated 24 January 2014

Jubail forum to focus on city planning issues

Royal Commission in Jubail is gearing up for the 2nd City Planning Forum themed the future challenges of city planning. The event has the support of Prince Saud bin Abdullah bin Thanayan Al-Saud, president of the Royal Commission for Jubail and Yanbu.
The two-day forum activities will kick off on Feb. 11 at the Exhibition and Conference Hall in Jubail Industrial City. The forum is under the scientific supervision and sponsorship of the faculty of environmental designs, represented by the city and regional planning department of King Fahd University of Petroleum and Minerals.
Ahmed M. Al-Balawi, general manager of technical affairs of the Royal Commission in Jubail, said that the event would have the participation of government and private sectors, and a large number of specialists in the field of city planning from inside and outside the Kingdom will present work papers.
Al-Balawi said: “In addition to an accompanying exhibition related to the topics of the forum, a number of workshops will be conducted.”
According to Al-Balawi, the first workshop is titled “The methods and prospects of cooperation between private sector companies and the Royal Commission in the field of urban and real estate development.” The second workshop is titled “The integration of local development schemes in the Eastern Province.”
Al-Balawi, also general supervisor of the forum, pointed out that the event will focus on several main issues related to the economic effects of urban development, transportation planning, development and management of city centers, in addition to the sustainable development and landscaped cities.
“By this forum, the Royal Commission aims to shed light on modern city planning and challenges faced in light of current trends and to present successful experiences in this field through the proper planning of cities, in addition to the exchange of experiences between specialists and those interested in planning,” he emphasized.
The Industrial City of Jubail is considered as one of the pioneer industrial cities worldwide. The city is seeking to strengthen its global progress by presenting its concern about city planning, housing, environment and city landscaping.
In recognition of the efforts made in this respect, the Industrial City that is established and run by the Royal Commission in addition to Yanbu and Ras Al-Khair received the Best Landscaped Arab City accolade, in addition to several awards in the field of environmental protection, international awards in the field of attracting investments, and numerous awards in other areas.

Saudi Arabia has lion’s share of regional philanthropy

Updated 20 min 1 sec ago

Saudi Arabia has lion’s share of regional philanthropy

  • Kingdom is home to three quarters of region's foundations
  • Combined asets of global foundations is $1.5 trillion

Nearly three quarters of philanthropic foundations in the Middle East are concentrated in Saudi Arabia, according to a new report.

The study, conducted by researchers at Harvard Kennedy School’s Hauser Institute with funding from Swiss bank UBS, also found that resources were highly concentrated in certain areas with education the most popular area for investment globally.

That trend was best illustrated in the Kingdom, where education ranked first among the target areas of local foundations.

While the combined assets of the world’s foundations are estimated at close to $1.5 trillion, half have no paid staff and small budgets of under $1 million. In fact, 90 percent of identified foundations have assets of less than $10 million, according to the Global Philanthropy Report. 

Developed over three years with inputs from twenty research teams across nineteen countries and Hong Kong, the report highlights the magnitude of global philanthropic investment.

A rapidly growing number of philanthropists are establishing foundations and institutions to focus, practice, and amplify these investments, said the report.

In recent years, philanthropy has witnessed a major shift. Wealthy individuals, families, and corporations are looking to give more, to give more strategically, and to increase the impact of their social investments.

Organizations such as the Bill and Melinda Gates Foundation have become increasingly high profile — but at the same time, some governments, including India and China, have sought to limit the spread of cross-border philanthropy in certain sectors.

As the world is falling well short of raising the $ 5-7 trillion of annual investment needed to achieve the UN’s Sustainable Development Goals, UBS sees the report findings as a call for philanthropists to work together to scale their impact.

Understanding this need for collaboration, UBS has established a global community where philanthropists can work together to drive sustainable impact.

Established in 2015 and with over 400 members, the Global Philanthropists Community hosted by UBS is the world’s largest private network exclusively for philanthropists and social investors, facilitating collaboration and sharing of best practices.

Josef Stadler, head of ultra high net worth wealth, UBS Global Management, said: “This report takes a much-needed step toward understanding global philanthropy so that, collectively, we might shape a more strategic and collaborative future, with philanthropists leading the way toward solving the great challenges of our time.”

This week Saudi Arabia said it would provide an additional $100 million of humanitarian aid in Syria, through the King Salman Humanitarian Aid and Relief Center.

The UAE also this week said it had contributed $192 million to a housing project in Afghanistan through the Abu Dhabi Fund for Development.