PepsiCo Egypt to invest EGP 200 m to empower next generation of football talent over next 3 years
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IKEA and FedEx have announced donations of about $ 21.5 million in humanitarian aid to support those affected by the Russian military operation in Ukraine.
IKEA Foundation, funded by Ingka Foundation, has announced an immediate donation of €20 million for humanitarian assistance to those who have been forcibly displaced as a result of the conflict in Ukraine.
This is in response to an emergency appeal from UNHCR, the UN Refugee Agency, to scale up its assistance and protection to people affected by the conflict in Ukraine.
In addition, Inter IKEA Group and Ingka Group are initially granting €10 million each to provide support in products and other assistance to UNHCR, Save the Children and other organisations working in the local markets.
Several initiatives have already started throughout IKEA, together with established humanitarian organizations, to support the affected people with emergency relief in the most needed regions.
FedEx has announced it will provide more than $1.5 million in humanitarian aid, which includes $1 million in in-kind shipping to organizations who are transporting supplies into the area and $550,000 in cash donations to non-government organizations in Europe.
“We also believe it is our responsibility to use our resources and global capabilities to help alleviate human suffering in our communities,” FedEx said in a statement.
“Two of our core values at FedEx are “we take care of each other” and “we commit to do good.” We are never more mindful of what those mean than in times like this.”

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