Philanthropy can unlock investment and drive global impact, says UAE’s Badr Jafar

Title of the book, Jafar said “was purposefully provocative, getting people to think about what the business world has to learn from philanthropy.” (Supplied)
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Updated 23 January 2026
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Philanthropy can unlock investment and drive global impact, says UAE’s Badr Jafar

  • “The term philanthropy itself conjures up this image of the sort of billionaire donor who has lots of money to give away, and I don’t like that,” Jafar said

DAVOS: Philanthropy has the power not only to do great good, but to do so in a way that stimulates additional capital investment from business and government sources, Emirati businessman Badr Jafar told Arab News on the sidelines at the World Economic Forum in Davos.

Jafar knows a thing or two about the subject. In addition to his roles as CEO of Crescent Enterprises, a multifaceted business operating across nine sectors in 15 countries, and chairman of Gulftainer, the largest privately owned container-port operator in the world, he is special envoy for business and philanthropy for the UAE, holds multiple advisory positions in the humanitarian and development sectors and co-founded the Arab World Social Entrepreneurship Program.

“The term philanthropy itself conjures up this image of the sort of billionaire donor who has lots of money to give away, and I don’t like that,” he said.

It is problematic, Jafar said, because far from simply flinging money around in the hope that some of it sticks, many philanthropists operate in a far more sophisticated way.

“Capital today is a continuum, and impact is also a continuum,” he said.

“And the sooner we start to see the benefits of alignment of capital across government, business and philanthropy, the sooner we can start to reap the rewards that come with the multiplier effect that’s generated when these pools of capital work better together.”

Philanthropy, he said, is “the forgotten child of the capital system, regarded in some parts of the world as a peripheral player, and in other parts regarded with a high degree of suspicion.”

In fact, in its best form philanthropy can act as a catalyst: “Philanthropic capital, often referred to as catalytic capital, can help to de-risk and crowd in other sources of capital, particularly from the business sector. There are many examples from around the world where donated capital without any intended financial return goes in to unlock opportunities for businesses, including in tech.”




Emirati businessman Badr Jafar. (Supplied)

He also feels the sheer scale of philanthropic capital is seriously under-appreciated.

“Take the US example. The recent reductions in USAID was a shock to the system. But to put things into perspective, at its peak in about 2023 USAID was less than $50 billion a year. Now that’s a significant amount of money, but private philanthropy alone in the US in that same year — and to clarify, this is excluding corporate philanthropy — was well north of $600 billion.

“Now I’m not suggesting that private philanthropy is a substitute for official development assistance — aid from government, and the nature of aid from government, is extremely important, particularly in certain settings, including humanitarian.

“But today global philanthropy is pushing $2 trillion a year, more than three times the global humanitarian and development aid budgets, and that’s a lot of money.”

Jafar is the author of “The Business of Philanthropy: Perspectives and Insights from Global Thought Leaders on How to Change the World,” a collection of discussions with 50 of the world’s most active philanthropists, including Microsoft founder Bill Gates, the Bulgarian economist and managing director of the International Monetary Fund, Kristalina Georgieva, and Razan Al-Mubarak, head of the Environment Agency Abu Dhabi and president of the International Union for Conservation of Nature.

The title of the book, he said “was purposefully provocative, getting people to think about what the business world has to learn from philanthropy and what philanthropists have to learn from the business world.”

Through the examples, insights and experiences of his high-profile interviewees, he makes the case for what he calls “strategic philanthropy,” in the hope that others may be inspired to follow in their footsteps.

“The need for strategic philanthropy in the world today,” he writes, “is greater than ever. The geological fractures that constitute the headlines every day — regional conflicts, political extremism, and the resulting refugee and humanitarian crises — are compounded by environmental challenges.

“Public- and private-sector leaders in all countries are grappling with these issues daily. More than ever, strategic philanthropists across the world have an opportunity to step up to help meet those challenges.”

Jafar grew up in Sharjah, in a family “with a strong belief in giving back to the community.” The book is dedicated to his mother and father, “who taught me everything I know and are still working on teaching me everything they know.”

All royalties from the sale of Badr Jafar’s book are donated to the International Rescue Committee, in support of children affected by armed combat.


A ceasefire holds in Syria but civilians live with fear and resentment

Updated 58 min 26 sec ago
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A ceasefire holds in Syria but civilians live with fear and resentment

  • The Arab-majority population in the areas that changed hands, Raqqa and Deir Ezzor, have celebrated the SDF’s withdrawal after largely resenting its rule
  • But thousands of Kurdish residents of those areas fled, and non-Kurdish residents remain in Kurdish-majority enclaves still controlled by the SDF

QAMISHLI: Fighting this month between Syria’s government and Kurdish-led forces left civilians on either side of the frontline fearing for their future or harboring resentment as the country’s new leaders push forward with transition after years of civil war.
The fighting ended with government forces capturing most of the territory previously held by the Kurdish-led Syrian Democratic Forces in the country’s northeast, and a fragile ceasefire is holding. SDF fighters will be absorbed into Syria’s army and police, ending months of disputes.
The Arab-majority population in the areas that changed hands, Raqqa and Deir Ezzor, have celebrated the SDF’s withdrawal after largely resenting its rule.
But thousands of Kurdish residents of those areas fled, and non-Kurdish residents remain in Kurdish-majority enclaves still controlled by the SDF. The International Organization for Migration has registered more than 173,000 people displaced.
Fleeing again and again
Subhi Hannan is among them, sleeping in a chilly schoolroom in the SDF-controlled city of Qamishli with his wife, three children and his mother after fleeing Raqqa.
The family is familiar with displacement after the years of civil war under former President Bashar Assad. They were first displaced from their hometown of Afrin in 2018, in an offensive by Turkish-backed rebels. Five years later, Hannan stepped on a land mine and lost his legs.
During the insurgent offensive that ousted Assad in December 2024, the family fled again, landing in Raqqa.
In the family’s latest flight this month, Hannan said their convoy was stopped by government fighters, who arrested most of their escort of SDF fighters and killed one. Hannan said fighters also took his money and cell phone and confiscated the car the family was riding in.
“I’m 42 years old and I’ve never seen something like this,” Hannan said. “I have two amputated legs, and they were hitting me.”
Now, he said, “I just want security and stability, whether it’s here or somewhere else.”
The father of another family in the convoy, Khalil Ebo, confirmed the confrontation and thefts by government forces, and said two of his sons were wounded in the crossfire.
Syria’s defense ministry in a statement acknowledged “a number of violations of established laws and disciplinary regulations” by its forces during this month’s offensive and said it is taking legal action against perpetrators.
A change from previous violence
The level of reported violence against civilians in the clashes between government and SDF fighters has been far lower than in fighting last year on Syria’s coast and in the southern province of Sweida. Hundreds of civilians from the Alawite and Druze religious minorities were killed in revenge attacks, many of them carried out by government-affiliated fighters.
This time, government forces opened “humanitarian corridors” in several areas for Kurdish and other civilians to flee. Areas captured by government forces, meanwhile, were largely Arab-majority with populations that welcomed their advance.
One term of the ceasefire says government forces should not enter Kurdish-majority cities and towns. But residents of Kurdish enclaves remain fearful.
The city of Kobani, surrounded by government-controlled territory, has been effectively besieged, with residents reporting cuts to electricity and water and shortages of essential supplies. A UN aid convoy entered the enclave for the first time Sunday.
On the streets of SDF-controlled Qamishli, armed civilians volunteered for overnight patrols to watch for any attack.
“We left and closed our businesses to defend our people and city,” said one volunteer, Suheil Ali. “Because we saw what happened in the coast and in Sweida and we don’t want that to be repeated here.”
Resentment remains
On the other side of the frontline in Raqqa, dozens of Arab families waited outside Al-Aqtan prison and the local courthouse over the weekend to see if loved ones would be released after SDF fighters evacuated the facilities.
Many residents of the region believe Arabs were unfairly targeted by the SDF and often imprisoned on trumped-up charges.
At least 126 boys under the age of 18 were released from the prison Saturday after government forces took it over.
Issa Mayouf from the village of Al-Hamrat, was waiting with his wife outside the courthouse Sunday for word about their 18-year-old son, who was arrested four months ago. Mayouf said he was accused of supporting a terrorist organization after SDF forces found Islamic chants as well as images on his phone mocking SDF commander Mazloum Abdi.
“SDF was a failure as a government,” Mayouf said “And there were no services. Look at the streets, the infrastructure, the education. It was all zero.”
Northeast Syria has oil and gas reserves and some of the country’s most fertile agricultural land. The SDF “had all the wealth of the country and they did nothing with it for the country,” Mayouf said.
Mona Yacoubian, director of the Middle East Program at the Center for Strategic and International Studies, said Kurdish civilians in besieged areas are terrified of “an onslaught and even atrocities” by government forces or allied groups.
But Arabs living in formerly SDF-controlled areas “also harbor deep fears and resentment toward the Kurds based on accusations of discrimination, intimidation, forced recruitment and even torture while imprisoned,” she said.
“The experience of both sides underscores the deep distrust and resentment across Syria’s diverse society that threatens to derail the country’s transition,” Yacoubian said.
She added it’s now on the government of interim Syrian President Ahmad Al-Sharaa to strike a balance between demonstrating its power and creating space for the country’s anxious minorities to have a say in their destiny.