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Continuing its Support for Egyptian Sports, Banque Misr has taken on the Role of Sponsor for the First Arab Military Equestrian Championship

Apr 24, 2024 04:33 PM

Under the auspices of His Excellency President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, the First Arab Military Equestrian Championship was launched on Monday, April 22nd, 2024, at the Equestrian Club in the Egypt International Olympic City in the New Administrative Capital. The press conference announcing the event was held in the presence of Egyptian Minister of Youth and Sports Dr. Ashraf Sobhy, Major General Ihab Lotfy, Director of the Armored Vehicles Department, and other dignitaries. 

Banque Misr sponsors the championship as part of its ongoing commitment to promoting Egyptian sports. Dr. Fatma ElGoully, Chief of Corporate Communication, represented the bank along with representatives of other sponsoring entities and participating Arab nations.

Viewing its sponsorship as a continuation of its pioneering role in corporate social responsibility and sustainable development, Banque Misr prioritizes health, education, and youth in its mission for national progress. The bank hopes that its contribution will propel Egypt's team to outstanding results in the tournament, a testament to Banque Misr's motto, "We work together for the good of our country."

Previously, Banque Misr has sponsored Egyptian football clubs, underscoring its eagerness to back sports at all levels, and is set to continue its sponsorship until the 2026 World Cup. It has also established a charitable fund supporting champion Egyptian athletes striving for remarkable performances in Arab, African, and global competitions.

Working hand-in-hand with the state, Banque Misr is committed to advancing youth, bolstering sports, and positively contributing to society. In 2023 alone, the bank spent about EGP 1.1 billion on community development, reflecting its business strategies centered on sustainable growth and prosperity for Egypt. 

By promoting partnerships between government, civil society, and the private sector, Banque Misr provides a successful collaboration model for a national renaissance. Its support of the Arab Military Equestrian Championship demonstrates this spirit of effective cooperation for the betterment of Egyptian society.