MDBs collective climate financing contributions set to hit $170 bn by 2030
The annual collective climate financing contributions from the group of multilateral development banks (MDBs) is ...
El Attal Group head: CSR imperative to patriotic companies
El Attal Holding Group Chairman Ahmed El Attal stressed that Corporate Social Responsibility (CSR) is an obligation on patriotic companies.
In statements to CSR Egypt, he said El Attal Group is planning to launch a new project in the Red Sea city of Ras Sedr that is meant to carry out several CSR activities in this promising area.
El Attal said he coordinated with the Ras Sedr Investors Association to develop poor residential areas in Ras Sedr.
Ras Sedr is one of the most promising areas at the touristic, urban and real estate levels, especially as it has all factors of success.
He noted that the leap realized in the Egyptian tunnels in Sinai would give momentum to Ras Sedr.
He added that the Sharm El Sheikh International Airport is close Ras Sedr and this would promote tourism in this area.
He hailed the economic breakthrough in Egypt, stressing that Egypt will be the major regional market in the real estate and economic scores.
Attal CSR activities during the coronavirus crisis:
In 2020, El Attal Group announced subsidizing the expenditures of 500 underprivileged families of those most affected by the curfew imposed in Egypt, for two months.
El Attal Group has also participated in the Resala “El Kheir Challenge” or “Charity Challenge” which was launched to support poor Egyptian families affected by the coronavirus outbreak as well as the recent wave of torrential rains which hit the country at that time.
It is worth mentioning that El-Attal Holding Group has won the fastest growing company in terms of projects size award at bt100 Awards.
All candidates for this award were chosen according to certain criteria and standards that rely on market studies and research to evaluate the activities of all companies operating in the Egyptian market, including companies with innovative creative ideas and practical and effective solutions, in addition to prizes for the best corporate social responsibility initiatives, the best market share and investment performance, and the best sustainable agreements and partnerships between the private sector and the public sector that would serve the country’s goals in the comprehensive economic development plan for Egypt 2030
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