Philanthropy for development

Tuesday, January 16, 2024

In recent years, private sector firms operating in developing nations have transitioned from merely promoting economic growth to actively contributing to national and global development goals.

Through this transformation, corporations, foundations, and impact investors have been aligning their strategies with environmental, social, and governance (ESG) principles. But, as businesses increasingly intertwine philanthropy with corporate sustainability, questions arise about the compatibility of profit-making with genuine philanthropic impact.

This online session hosted by the Arab Foundations Forum (AFF) will delve into these pressing issues. After an introduction from AFF CEO Naila Farouky, Noha El-Mikawy, dean of the School of Global Affairs and Public Policy at the American University in Cairo, will moderate a panel of experts to explore how the private money is / can - and perhaps should be - directed towards development goals and national targets.

With insights from around the MENA region, the discussion will highlight the ways businesses are making socially responsible contributions and the challenges they face in harmonising philanthropic endeavours with profit-driven objectives.


  • Noah El-Mikawy 

Dean of the School of Global Affairs and Public Policy at the American University in Cairo (AUC)

  • Naila Farouky

CEO, Arab Foundations Forum (AFF) 

  • Myrna Atalla

Executive Director, Alfanar

  • Khaled Hegazy

Chief Strategy & Regulatory Officer, e& International

  • Dina Abdel Fattah 

Chair & assistant professor, Department of Economics at the School of Business at AUC

  • Paolo Comoglio

General Director, COSV


This event is hosted by AFF. It takes place at 15:30 - 17:00 EET / 08:30 - 10:00 EST. 

Register for free here. For more information contact