First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, in cooperation with Orman Association, announced the launch of the third phase of the Al Falouga village development initiative in Badr Center, Beheira Governorate, extending their strategic partnership aimed at supporting sustainable development. This launch reflects their shared commitment to improving the quality of life and enhancing economic empowerment for underprivileged families, in line with the sustainability goals of Egypt’s Vision 2030.
Building on the tangible success of the previous two phases, FABMISR continues to upgrade the village’s infrastructure and improve everyday living conditions. Phase three focused on the full rehabilitation of 23 homes, strengthening the bank’s role in sustainability and corporate social responsibility.
In this context, Ahmed Issa, CEO and Board Director of FABMISR, stated: “The launch of the third phase of the Al Falouga Village Development Initiative reflects our continued commitment to creating lasting impact through sustainable development. Through our strategic partnership with Orman Association, we are investing in integrated development initiatives that improve living conditions, advance environmental sustainability, and create opportunities for economic empowerment. At FABMISR, we believe corporate social responsibility is more than a commitment; it is a long-term investment in building resilient, self-reliant communities and supporting Egypt’s sustainable development journey.”
For his part, Ahmed Osama El-Gendy, CEO of Orman Association, said: “Our partnership with FABMISR reflects a successful model of cooperation between the banking sector and civil society organizations in achieving integrated and sustainable development. Each phase of the initiative adds new impact and supports the transition of families from need to productivity, which enhances the quality of life and opens broader horizons for development in Al Falouga village. We look forward to completing this journey together, establishing a model that can be replicated in other communities that deserve the same support.”
Upon completion of phase three, the Al Falouga Village Development Initiative will have rehabilitated a total of 73 homes, implemented 12 biogas projects, and provided 24 head of livestock across all three phases, reflecting the continued commitment of FABMISR and Orman Association to delivering integrated development programs that improve quality of life, promote environmental sustainability, and create sustainable livelihood opportunities for beneficiary families.
FABMISR’s social responsibility initiatives continue to focus on creating a sustainable developmental impact through strategic partnerships with civil society organizations, reinforcing the integration of efforts to support the most vulnerable communities. The bank remains committed to implementing development programs that contribute to improving the quality of life, empowering families economically, and supporting national priorities for sustainable development, based on its belief in the importance of cooperation in achieving a long-term positive impact.
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