DUBAI, UAE, Jan 24: Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group and Founder of the Khalaf Ahmad Al Habtoor Foundation (KAHF), is leading a global initiative to alleviate poverty. The Chairman said today that he has extended an invitation to well-known philanthropists around the world to join him in the fight against poverty. The invitees include the likes of Warren Buffet, Sir Richard Branson, Carlos Slim Helú and Bono, as well as world-renowned organisations directly involved in combating poverty — like the United Nations Development Program, Bill & Melinda Gates Foundation, World Economic Forum, The Ford Foundation, The Carter Centre and others.
Al Habtoor is also reaching out to top universities and academic institution who can assist him with implementation and research. Khalaf Al Habtoor said, “We need to find ways to tackle this global problem which world leaders have ignored for far too long. Poverty is one of the biggest threats we face. So many of the world’s problems today are as a result — directly or indirectly — of poverty.” Nearly half of the world’s population — roughly three billion people — live on less than $2.50 a day, and more than 1.3 billion people live on less — in extreme poverty.
The United Nations predicts that the world’s population is expected to grow from around seven billion people today to 11 billion people by 2050, placing an even bigger burden on governments and the world’s everscarcer national resources. Al Habtoor said, “Poverty is the root cause of many of the world’s problems; it breeds crime, and extremists are using it to their advantage by offering financial rewards to recruit people to commit acts of terror. Young, impressionable people, who are being denied a proper education, are being drawn into gangs and terror groups, with no chance of ever leaving.
Until we get to grips with the issue of global poverty the world has little hope of winning the war on terror.” Al Habtoor said he is looking at conducting a ‘Poverty Alleviation Roundtable’ event to gather information, share ideas and help identify the key issues on global poverty. In 2013 Al Habtoor set up a Foundation in his name — The Khalaf Ahmad Al Habtoor Foundation (KAHF) — to promote East-West dialogue, and help people around the world improve their living standards, as well as to promote peace. Alleviating poverty is one of the main missions of the Foundation.