Real estate firm City Edge Developments announced it is donating EGP 10m to the Tahya Misr Fund, in support of government efforts to combat the coronavirus outbreak.
“City Edge’s contribution in the Tahya Misr Fund comes within the framework of its strong belief in the necessity of solidarity with the Egyptian community, people and government, in fighting coronavirus, which needs joint efforts between various institutions, whether governmental or a private sector as well as civil society. Consequently, the company’s board of directors decided to participate with the Egyptian state in its unremitting efforts to limit the spread of COVID-19,” said Ashraf Salman, City Edge Developments Chairperson.
Tamer Abdel Fattah, Acting Executive Director of the Tahya Misr Fund, stressed the importance of participating in times of crisis, praising the role of many businessmen, companies, public figures and artists in supporting the fund’s efforts. He added than this reflected positively on the size of the contributions in the fund, whether in cash or in-kind donations.
He further added that the banking sector under the auspices of the Central Bank of Egypt, has contributed effectively as the banking sector is a strategic partner in the various activities of the fund since its establishment.
Abdel Fattah pointed out that the fund is an umbrella for social responsibility projects done in collaboration and coordination among various associations and NGOs, to ensure the rationalisation and delivery of available resources to eligible families, in addition to providing them with various means of support and care.