Cairo, Egypt – The CIB Foundation, the bank's non-profit organization, has signed a financing agreement with Ahl Masr Foundation at the Ahl Masr Hospital headquarters in New Cairo to provide equipment for the hospital. The bank's foundation will sponsor the “من الجرح اتولد نجم"” project by purchasing the necessary equipment as part of the ongoing preparations for the hospital’s opening. The placement of CIB’s logo on the honor board as a partner in success and diamond sponsor was also included in the agreement.

“Driven by the foundation’s pivotal role in supporting social responsibility in general and contributing to the advancement of the health system in particular, the CIB Foundation signed a cooperation agreement with Ahl Masr Foundation to support Ahl Masr Hospital. The CIB Foundation will support the hospital by providing medical supplies and equipment to 8 intensive care rooms for children, 12 intermediate care rooms for children, and 4 boarding rooms for children, in addition to nursing stations for these departments. This hospital is the first of its kind in Egypt, the Middle East, and Africa, said Eng. Sherif El-Saeed, Manager of the CIB Foundation.

“Through this agreement, the CIB Foundation will be providing the hospital with the latest medical equipment, enabling the hospital to treat patients and alleviate their pain. This agreement reflects the bank’s interest and pivotal role in supporting the social responsibility sector in all fields, especially the health field. The CIB Foundation plays a prominent role in providing all forms of support for the advancement of this vital sector, with its various disciplines, and the development of the medical system,” added Al-Saeed.

“The new agreement is an extension of years of continuous cooperation between the CIB Foundation and Ahl Masr Foundation to complete the construction of the Ahl Masr Hospital. The Foundation is always keen on donating and contributing to the treatment of burn victims by allocating funds to help comprehensively equip the hospital,” said Dr. Heba Elsewedy, Chairman of the Ahl Masr Foundation’s Board of Trustees. “The upcoming period will witness further cooperation between the Ahl Masr Foundation and the CIB Foundation,” added Elsewedy.

Thia agreement reflects banking institutions’ endeavor to implement Egypt’s Vision 2030, which includes supporting non-profit institutions such as the Ahl Masr Foundation. The Foundation aims to improve the lives of citizens through its pivotal role in establishing the Ahl Masr Hospital and its work in caring for and supporting burn injuries at every stage. The Ahl Masr Foundation is also appreciative of the continuous support its receives from all institutions in different sectors, allowing the Foundation to carry out its role in preparing the hospital to receive and treat cases free of charge.

The signing ceremony was attended by members of the CIB Foundation, namely Ms. Nadia Hosni, Secretary General of CIB Foundation Board of Trustees; Ms. Dina Ahmed Suleiman, Senior Program Planner; Ms. Lujain Al-Khalidi, Senior Program Planner; and Ms. Irene Safwat, Program Planner. The following attended from the Ahl Masr Foundation: Dr. Adel Ahmed, CEO of Ahl Masr Hospital; Dr. Ahmed Turki, Head of the Operational Sector of Ahl Masr Hospital; Dr. Sherif Hamdi, Head of the Business Development Sector; Mr. Emad Fouad, Head of the Supply Sector; and Ms. Eman Fathy, Head of Resource Development; and Mr. Ahmed Magdy, Director of Resource Development.

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