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Palm Hills allocates EGP 30 m for backing Egyptian athletes
Palm Hills, Egypt’s leading real estate developer, allocated EGP 30 million for supporting Egyptian athletes under a deal with the Egyptian Youth and Sports Ministry.
The ministry has so far received EGP 20 million for supporting Egyptian athletes due to participate in the 2024 Paris Olympic Games in addition to re-launching the national project for promoting squash players and offering social care for talented athletes.
Youth and Sports Minister Ashraf Sobhi thanked Palm Hills CEO Yasseen Mansour for backing Egyptian athletes, noting that this falls within the framework of directives of President Abdel Fattah El Sisi.
He voiced appreciation of the Palm Hills strategy aiming at supporting state efforts to hone skills of athletes in different governorates under international training standards to be able to win international championship.
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