FASTFACT

Arab News - - Media -

Ac­cord­ing to the Har­vard Kennedy School’s Hauser In­sti­tute, nearly three quar­ters of the Mid­dle East’s phil­an­thropic foun­da­tions are con­cen­trated in Saudi Ara­bia.

out mak­ing a much greater ef­fort to con­nect, ex­change ideas and part­ner with strate­gic phi­lan­thropists from Saudi Ara­bia and the world’s other fastest grow­ing re­gions.” Pro­fes­sor Christoph Loch, di­rec­tor of the Cam­bridge Judge Busi­ness School, said: “We are see­ing an ex­plo­sion of wealth gen­er­a­tion that is cre­at­ing phi­lan­thropists who can, and will, re­ject the norms of the past.”

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