Dubai Expo City Authority today announced the launch of a non-profit organization, as part of its efforts to achieve its mission of supporting and developing innovative ideas that benefit people and the planet.
The new entity, called Expo City Foundation Dubai, builds on the successes of Expo Live, the leading and influential global innovation and partnership program announced as part of Expo 2020 Dubai.
The Foundation seeks to connect individuals, ideas, and resources, and establish a wide network of purposeful organizations that work together to find solutions to the most pressing challenges in the world. It will enhance opportunities for financing, cooperation, investment, and business, providing an enabling environment for social enterprises and innovators from the world to expand and develop their ideas.
The new foundation aims to establish a series of partnerships designed to support social entrepreneurs across a wide range of sectors, based on the firm conviction that a broad coalition of people working together can contribute to finding tangible solutions that benefit communities and the planet.
After Expo City Dubai hosted the Climate Summit (COP28) and the most comprehensive World Expo to date, the Foundation is working to strengthen the city’s position as a center for purposeful partnerships.
The launch of the Foundation was attended by Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation and CEO of Dubai Expo City Authority, Director General of the Community Development Authority, Hessa bint Issa Buhumaid, and a number of government officials, institutions, partners and innovators.
Reem bint Ibrahim Al Hashemi said: “Our pioneering innovation program, Expo Live, rooted in the vision and values of Expo 2020 Dubai, continues to support millions of individuals around the world. We are confident in our ability to achieve a greater impact and create more opportunities. The establishment of the Dubai Expo City Foundation is not only an integral part.” “From our city’s vision and values, but it is also the next step towards creating a better future.”
She added: “The Dubai Expo City Foundation embodies the values of giving and goodness inherent in our country, reinforces our commitment to a more sustainable and inspiring future, and highlights our determination to bring about widespread positive change based on our city’s proven record as a destination that brings together actors from individuals and institutions, and by working together, we can harness human creativity.” “To achieve real and meaningful progress, we invite all who share our values – entrepreneurs, philanthropists, companies and institutions – to join us in this exciting new chapter.”
Hessa bint Issa Buhumaid said: “We are pleased to welcome the Dubai Expo City Foundation as a distinguished partner in our efforts to develop the community. We are committed to providing a supportive regulatory environment that enables it and other institutions to flourish, and it embodies our joint efforts to expand the scope of the Foundation’s efforts, inspired by the vision of our leadership to work together for the future.” Better, safer and more sustainable around the world.”
The event included a dialogue session on charitable work and social development with Hessa bint Issa Buhumaid, CEO of Crescent Enterprises and the UAE’s Special Envoy for Business and Charitable Affairs, and Badr Jaafar.
Badr Jaafar expected that trillions of dollars would be allocated to strategic charitable work in various parts of Asia and Africa in the coming years, and said that the United Arab Emirates possesses the capabilities that make it a global center for data, design and implementation of charitable projects and solutions to the greatest challenges facing our world, and with the proven track record of Expo City Dubai in “Delivering broad, positive global impacts, the Dubai City Foundation will play a pivotal role in realizing this opportunity and responsibility.”
The Foundation builds on the legacy of Expo Live’s distinguished innovation and partnerships program, which has so far supported 191 initiatives from 92 countries. The program was launched in 2013, and the first five cycles of the program had a positive impact on 5.8 million people around the world, and worked to create 160,000 jobs, improved health care for 1.1 million people, and restored 36 million hectares of land.
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