In light of its firm commitment to support the Egyptian community, namely children, CIB Foundation has seen exponential geographical growth, expanding its perse projects and initiatives in many new areas across Egypt. Being dedicated to supporting and enhancing health and educational services for under privileged children in Egypt, all the Foundation's activities focus on financing projects that create a long-term value and secure a decent social life for children.
In this regard, the CIB Foundation has been persifying its activities. One of the latest projects is funding the treatment of 400 children infected with Hepatitis C virus through the National Hepatology and Tropical Medicine Research Institute at a cost of EGP 4.1 million over one year. Similarly, the Foundation funded the third round of the Egyptian Liver Care Society's Children without Virus C (C-Free Child) program for EGP 6.5million. This is the only program of its kind in Egypt, screening and treating children with hepatitis C for free.
Another significant project is the long-term partnership with Ain Shams University Hospital, through which a new Pediatric Catheter Lab was inaugurated. This will enable the hospital to conduct 100 procedures a month and reduce the wait list by 90%, under the management of Yahia Arafa Children's Charity Foundation.
The list of CIB Foundation's projects includes also the purchase of an outfitted mobile dental caravan, for EGP 640,000, for the faculty of Oral and Dental Medicine at Cairo University, in collaboration with the Rotary Club of Zamalek. The dental caravan is designed to provide public school students with free of charge, necessary dental treatment services, mainly in the remote areas of Cairo and Giza governorates. On a similar note, The Foundation purchased a second PET-CT Scanner for the Children's Cancer Hospital 57357, at a cost of EGP 26.9m. Having two PET-CT units will increase the efficiency and extend services provided to more patients on the waiting list as the scanner allows surgeons to identify cancerous cells and plan for removal during the operations.
Expanding its activities in Upper Egypt, the CIB Foundation organized 65 "6/6 Eye Exam Caravans" in Aswan, Sohag, Qena and Luxor governorates, during which nearly 44 thousands students from 65 public elementary schools were examined. The Foundation established also a Neonatal Intensive Care Unit and a Pediatric Intensive Care Unit at Raei Misr Hospital in the governorate of El Minya, and covered the costs of 543 complex eye surgeries and 61 pediatric open-heart surgeries.
Furthermore, through the Fifteen Blood Drives, over 438 bags of blood were collected, potentially saving the lives of more than 1,314 people. Another initiative was organized by the foundation to provide multiple sports days for 11 children from the Egyptian Red Crescent to practice squash. The events signaled the launch of the second phase of "Squash for Everyone", sponsored by the Commercial International Bank-Egypt (CIB) in partnership with the Egyptian Squash professional Amr Shabana, with the aim to offer an equal opportunity for the underprivileged children to explore and develop their athletic capabilities.
It's worth mentioning that the CIB Foundation was established in 2010 as a non-profit organization registered under number 588 for the 2010 with the Egyptian Ministry of Social Solidarity. Through the allocation of 1.5% of CIB's net annual profit, as well as contributions from CIB customers and employees, the Foundation makes valuable contributions in the area of child health and nutrition through various multi-faceted initiatives.