Increased globalisation, the proliferation of technology, climate change, and the events of 2020 have raised the bar, pushing philanthropy into a new realm which has led to exciting innovation and new thinking.
Our 'Global Private Wealth and the Future of Philanthropy 2021' research found that Covid-19 had an immediate and dramatic impact on philanthropic giving, with 69% of respondents in the Middle East increasing their giving, a trend that is likely to continue post-pandemic. We can also see significant changes in the philanthropic and charitable causes and a shift towards the desire for a more hands-on approach to philanthropic giving.
We will explore the changing philanthropy dynamics in the Middle East, with in-depth discussions focusing on the region's strong family business sector and the outlook for philanthropy in the region.
Our experts will focus on:
- How family philanthropy in the Middle East compares to other regions, highlighting main similarities and differences
- Whether philanthropic initiatives bring family members together in the region and how it relates to the wider issues of succession planning and family governance
- Impact investing an increasing feature of people’s philanthropic views in the region
- The evolution of philanthropy in general and, specifically in the Middle East; we will consider the trends driving the change and predict what philanthropy might look like in 10 years.
Join us as we hear from our distinguished guests and focused panel, featuring industry leaders sharing their insights on the role of philanthropy in the Middle East, today, tomorrow and in the future.
The contents of this article are intended for informational purposes only. The article should not be relied on as legal or other professional advice. Neither Vistra Group Holding S.A. nor any of its group companies, subsidiaries or affiliates accept responsibility for any loss occasioned by actions taken or refrained from as a result of reading or otherwise consuming this article. For details, read our Legal and Regulatory notice at: http://www.vistra.com/notices . Copyright © 2024 by Vistra Group Holdings SA. All Rights Reserved.
How private equity fund administration is changing
22 Feb 2024
The private equity sector is changing, with proliferating reporting requirements, emerging technologies, a new emphasis on attracting retail investors, and other developments. Fund administration…
Vistra appoints Abdel Hmitti as Managing Director and Global Head of Funds
20 Feb 2024
Navigating private debt in the Asia-Pacific region
15 Feb 2024
What you need to know about Saudi Arabia's local headquarters rule
07 Feb 2024
Tax planning checklist for multinational organisations
31 Jan 2024
The benefits and risks of co-sourcing fund administration
24 Jan 2024