Sunday, March 31, 2013

Social entrepreneurship is key to a sustainable UAE economy


Pearl Initiative Founder and President of Crescent Petroleum, Badr Jafar today (31 March) outlined his vision for socially responsible investing at a debate co-hosted by the Pearl Initiative and the Higher Colleges of Technology in Dubai, in the presence of His Excellency Sheikh Nahayan Mabarak Al Nahayan, Minister of Culture, Youth and Community Development and UAE Chancellor, of Higher Colleges of Technology (HCT).
The debate was held in conjunction with HCT's international Festival of Thinkers and Education Without Borders conferences.

In his opening address, His Excellency Sheikh Nahayan Mabarak Al Nahayan, Minister, Culture, Youth and Community Development and UAE Chancellor, The Higher Colleges of Technology said, "We all hope that educated men and women will shape progress and development that will be socially, environmentally, and financially sound. We all hope to be able to put the financial bottom line in a perspective that genuinely includes societal and environmental bottom. We hope that we will continue to keep societal and environment issues prominent in our investing decisions. Only our moral principles can guide us toward socially responsible investing, and only a fierce determination to follow those principles will result in success.

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