RIYADH, Saudi Arabia, April 30, 2024 /PRNewswire/ — The Mohammed Bin Salman Foundation „Misk“ has entered into a framework agreement with the Bill & Melinda Gates Foundation to support and enhance youth engagement in the non-profit sector within the Kingdom, and to initiate joint global programs in the focus areas of both foundations. The strategic partnership was unveiled on the sidelines of the World Economic Forum Special Meeting in Riyadh, where it was also revealed that the Gates Foundation will establish its first regional headquarters within Mohammed Bin Salman Nonprofit City, ‚Misk City‘, in Riyadh.
The agreement, signed on behalf of Misk by CEO Dr. Badr Al Badr, and for the Bill & Melinda Gates Foundation by Mr. Joe Cerrell, Managing Director, Europe, Middle East, and East Asia, sets forth a collaborative framework designed to empower the Saudi youth community and foster an environment conducive to impactful global outcomes. The partnership will enhance the sharing of resources, training opportunities, and program development, substantially boosting Misk’s capacity to provide significant empowerment opportunities for youth.
