UAE capital to remain as main hub of the Prize
Abu Dhabi: The Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced Monday it will sponsor the International Prize for Arabic Fiction (IPAF), from next year marking the Prize’s sixth cycle.
TCA Abu Dhabi is also responsible for the Abu Dhabi International Book Fair and the Louvre and Guggenheim developments.
The change in funding comes at the end of the fifth year of the Prize which, since its inception in 2007, has grown from strength to strength with the support of the Emirates Foundation for Philanthropy.
The Foundation was re-launched earlier this year as the Emirates Foundation for Youth Development, with a strategy that moves away from grant making to social investment in sustainable long term programmes which improve the lives of young people in the UAE positively and permanently.
Shaikh Sultan Bin Tahnoon Al Nahyan, Managing Director of the Emirates Foundation and Chairman of TCA Abu Dhabi, said: “Since its launch in 2007, the Prize has grown steadily building a reputation of transparency and independence not only regionally but also worldwide.
“It is with pride that Abu Dhabi will remain the main hub of the Prize.”
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