His Highness Shaikh Nasser bin Hamad Al Khalifa, HM the King’s Representative for Humanitarian Works and Youth Affairs, issued an edict to form the Board of Directors of the Hope Fund to support youth projects and initiatives.
The move is in implementation of the directives of His Majesty King Hamad bin Isa Al Khalifa to establish the Hope Fund to support youth projects and initiatives, invest and support the dynamism, aspirations and innovations of Bahraini youth to set up and own businesses and companies in order to serve their community and improve their income. The Fund also supports promising opportunities for young people to reap the fruits of their efforts.
The Fund will be chaired by Youth and Sport Affairs Minister, Ayman bin Tawfeeq Al Moayed, and will comprise Shaikh Abdullah bin Khalifa Al Khalifa representing the private sector, Abdullah Jihad Al Zain and Ahmed Yusef Talib representing the Office of the Representative of HM the King for Humanitarian Work and Youth Affairs, Abdulrahman Abdullah Al Shafei representing Bahrain Bourse Company and Samir Zuhair Antoun Auji and Ali Habib Ahmed Qassim representing the private sector.
The board will serve a term of four years.
The Hope Fund aims to monitor the skills and competencies of young Bahrainis to support their ideas and aptitudes, discover, refine and highlight youth talents and enable them to achieve success and continuity in a way that will positively reflect on the Kingdom’s action in activating their role, enhancing their contribution to development, easing their entry into the business world with confidence and ability, and achieving stability.
The Fund also aims to assist the launch of youth projects towards globalization by developing plans to involve Bahraini competencies in all sectors to become strategic partners thanks to their expertise in refining the promising future generation in addition to undertaking investment and youth projects and achieving revenues to develop, support and sustain the youth sector.
The Fund will highlight the achievements and accomplishments in the youth sector and motivate the youth with rewards, prizes and other means of material and moral encouragement. It will also contribute to the establishment and development of youth projects, and coordination with government agencies in charge of implementing programs and projects in this field.