Citizens own 86% of donor institutions in KSA, says study

February 18, 2017

Jeddah, Feb 18: Bureaucratic hurdles and a lack of qualified personnel are among the major challenges facing philanthropic works in the Kingdom, a study revealed.

ksaThe King Khalid Foundation (KKF), Riyadh, recently conducted a study, titled “Donor Institutions in the Kingdom: Facts and Figures” in cooperation with the Gerhart Center for Philanthropy and Civic Engagement.

The study mentioned about regulations and laws, lack of competent actors capable of implementing programs, pursuing funding and uneven cash flows as other barriers in carrying voluntary services.

The report was released at a ceremony held at the KKF headquarters in which several speakers represented a number of nonprofit organizations from within and outside the Kingdom, including Princess Al-Bandari bint Abdul Rahman Al-Faysal, director-general of the KKF; Dr. Abdulaziz Almagushi, assistant director-general of the Prince Sultan Bin Abdulaziz Al-Saud Foundation; Hassan Al-Damluji, head of Middle East Relations at the Bill & Melinda Gates Foundation; and Dr. Ali Aouni, head of the Gerhart Center for Philanthropy and Civic Engagement, besides several leaders and activists representing a number of donor institutions’ and the nonprofit sector in the Kingdom.

Princess Al-Bandari said that the need for adequate information about the philanthropic institutions in the Kingdom was the key reason to conduct this study.

Stressing the study was still not over, the princess said it needed to explore ways to support dialogue on their role in the society, making them a catalyst for societal transformation for the better.

She asserted that the foundation is very interested in research studies and gives this aspect much attention within the aim of bringing about change and positive impact on society.

According to the study, 86 percent of donor institutions are “privately” owned by Saudis; royal institutions amounted to 12 percent; while 66.1 percent of them are autonomously implementing their programs. The study also showed that 7.4 percent of them grants loans to individuals or institutions, or offer in-kind donations.

The study showed that 7.62 percent of the grants and special programs of the donor institutions in the Kingdom are directly channeled to individuals, while 9.55 percent of them channel their funding to charity organizations.

As to the work of these institutions, the study revealed that the education sector ranked first, where the proportion of institutions that allocate part of their grants and programs for this sector is 71. 2 percent; then came the family sector, health, community development, and care of the disabled.

The KKF said it carried the comprehensive survey of the voluntary institutions to study the nature of these bodies, nature and amount of funding they receive and also how they distribute the funding.

This is besides the sectors they operate, their budgets, the extent of convergence among themselves in order to promote qualitative and quantitative knowledge about them and to make available documented data and evidence about the scope of their contribution to local development and compare them globally, it said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 11,2020

Mar 11: Energy giant Saudi Aramco on Wednesday said it plans to raise its crude production capacity by one million barrels per day to 13 million bpd as a price war with Russia intensifies.

"Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 million bpd," the company said in a statement to the Saudi Stock Exchange.

The decision comes a day after the world's top exporter, Saudi Arabia, decided to hike production by at least 2.5 million bpd to a record 12.3 million from April.

The Saudi moves come after the collapse of an oil production reduction agreement between OPEC and non-OPEC producers, including Russia.

The deal proposed by Saudi Arabia called for additional output cuts of 1.5 million bpd to cope with the severe economic impact of the coronavirus which has sharply reduced world demand for crude.

Boosting production capacity normally takes a long time and requires billions of dollars of investment.

Several years ago, the kingdom had shelved plans to boost its crude production capacity beyond 12 million bpd after demand for OPEC oil declined in the face of stiff competition from North American shale oil and other sources.

Russia on Tuesday said it was open to renewing cooperation with the OPEC cartel even as its kingpin Saudi Arabia escalated a price war with Moscow by announcing it would flood markets with new supplies.

The oil price war broke out after OPEC and a group of non-member countries dominated by Russia -- the world's second largest producer -- on Friday failed to agree on production cuts.

Saudi Arabia responded by announcing unilateral price cuts. This prompted the oil price to plummet and fuelled huge falls on stock markets around the world on Monday.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 18,2020

Dubai, Mar 18: Emirates, one of the world's biggest international airlines, has asked pilots to take unpaid leave to help it mitigate the impact of the coronavirus pandemic that has shattered demand for global travel.

"To this end you are strongly encouraged to make use of this opportunity to volunteer for additional paid and unpaid leave," the airline said in an internal email to pilots, seen by Reuters.

Emirates earlier this month asked some staff to take unpaid leave, although at that time it was not available to pilots.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 1,2020

Dubai, May 1: Saudi Arabia has reported 1,344 new coronavirus cases in the last 24 hours, bringing the total number of infections in the country to 24,097, the Ministry of Health announced on Friday.

The ministry also announced 7 more deaths and 392 new recoveries, raising the total number of fatalities and recoveries to 169 and 3,55 respectively.

Out of the 1,344 new cases reported today, 282 were confirmed in Riyadh, 237 in Madinah, 207 in Makkah, 171 in Jubail and 124 in Jeddah in addition to 114 infections in Dammam.

Authorities continue to urge people to stay at home unless necessary despite having relaxed some restrictions and curfews at the start of Ramadan.

Citizens and residents are allowed to go out for necessary needs between 9 a.m. and 5 p.m. but must adhere to precautionary measures such as wearing a face mask and maintaining social distancing practices.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.