Arab Finance: Believing in its social responsibility and the importance of joint cooperation to achieve sustainable development, Exxon Mobil Egypt announced the renewal of cooperation by providing additional support for more families within the “Bab Amal” program of the Sawiris Foundation for Social Development, according to the statement sent on June 18.
Thus, the total number of families adopted by the company through the program rises to about 100 families, and the Ataa Without Borders Foundation implements this ambitious program in Assiut Governorate.
This step comes as an affirmation of the continuous endeavor of Exxon Mobil Egypt to enhance this fruitful cooperation and double its positive effects on local communities, based on the successes that have been achieved since the beginning of the work of this program.
It also reaffirms its constant keenness to support societal initiatives that aim to bring about a positive and tangible change in the lives of individuals and local societies.
In this regard, Eng. Youssef Hafez, a member of the Board of Directors and Director of Governmental and Foreign Relations at Exxon Mobil Egypt, said: “This agreement embodies a new stage of the commitment of Exxon Mobil Egypt to support the vital“ Bab Amal ”program and supported by scientific evidence. The most needed by enabling it economically. Over the past three years, we have achieved a remarkable achievement, which prompted us to expand the scope of the agreement, bringing the number of families benefiting from about 100 families over the next two years. With it. “
For her part, Mrs. Laila Hosni, Executive Director of the Sawiris Foundation, emphasized: “The (Bab Amal) program is not just development intervention, but rather a true translation of the vision and philosophy of the Sawiris Foundation, which puts man at the heart of the development process. During the past years, the program has proven its success in creating a concrete shift in the lives of hundreds of families in Upper Egypt, and we look at this new stage to expand the scope of this effect with the support of our partners. The companies that realize their social responsibility and contribute to providing radical and sustainable solutions, are a basic pillar of any real development. The feasibility of the program, and an incentive for us to continue innovation and expand the scope of influence and reach a greater number of families in the Upper Egypt.
It is worth noting that the “Bab Amal” program represents a successful global model in combating extreme poverty, and is based on the Barak international methodology applied in more than 50 countries around the world. The program aims to reach 100,000 families by 2028, and the Sawiris Foundation for Social Development has developed a comprehensive expansion strategy based on four main pillars: integration in policies, resource packing, capacity building, follow -up and evaluation.
The Sawiris Foundation and its partners have adopted this approach in Egypt since 2018, in partnership with the Barak Foundation as technical support and Abdel -Latif Jameel Laboratory to combat poverty to measure the impact. 6,458 highly poverty families have already been targeted by Assiut, Sohag and Minya.
Currently, about 2,800 new families are targeted in the current stage of 2025 in both Assiut and Sohag. This number is expected to double by 2026, in cooperation with the “Ataa Without Borders” association in Assiut, the Egyptian Society for Human Development in Sohag and “Sunrise Egypt” in Minya,
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