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The Kingdom Foundation is a charitable and philanthropic organization established by HRH Prince Alwaleed Bin Talal. Although there are informal links between Kingdom Holding Company and the Kingdom Foundation, the Kingdom Foundation is a financially, managerially and structurally separate entity and acts autonomously from Kingdom Holding Company.
The aims and activities of the Foundation are:
- To help alleviate poverty in Saudi Arabia, Africa and the Islamic world and sponsor the development of charities that seek to alleviate such poverty
- To provide effective, rapid and focused aid at times of natural disasters
- To support research on the empowerment of women in local, regional and Islamic arenas
- To help develop and empower young and progressive Islamic leadership in order to improve the state of the Islamic world
- To create forums for cultural and inter-faith dialogue that promotes understanding and peaceful coexistence between the Islamic world and other societies around the globe.
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