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Crédit Agricole Egypt Foundation for Development Launches “Ebhar Misr” Initiative for The Second Consecutive Year

Creating an electronic platform for youth to register in the initiative by submitting their emails

Training students from the ages of 14 to 18 years old on information technology, mathematics and arts


Cairo, Egypt – August 26, 2019 – Crédit Agricole Egypt Foundation for Development has announced the launch of “Ebhar Misr” Initiative, under the auspices of the Ministry of Social Solidarity, the Ministry of Education and the Ministry of Culture and in cooperation with “Education First” Foundation, as part of Credit Agricole Egypt Bank’s strategy to achieve sustainability and to push forward with development through societal initiatives.

“Ebhar Misr” Initiative aims to adopt and foster talents between the ages of 14 to 18 years old in the fields of sciences, mathematics, information technology and arts to groom these youths and hone their skills in preparation for a successful future where they will build a better tomorrow for Egypt. It is worth mentioning that Crédit Agricole Egypt Foundation for Development focuses its strategy on youth as they represent the largest and most important group in Egypt, in aims of achieving development and sustainability. Crédit Agricole Egypt Foundation has chosen to cooperate with “Education First” Foundation because of its contributions to society as well as its expansive expertise in identifying and training talents.

“Ebhar Misr” Initiative is organizing a summer training camp for exceptional schools’ students across the entire country. Students are trained, for two successive weeks, by hand-selected specialists working in international institutions and academies. At the end of the training, a science and art exhibition is held to showcase the products of the youth who participated in the camp. A theatrical and musical performance is also held in addition to offering students scholarships and internships at big companies as well as opportunities for academic scholarships abroad and motivational gifts.

Towards the principle of equal opportunities and to guarantee the participation of all Egyptian youths in the initiative, Crédit Agricole Egypt has launched an electronic platform for youth who find themselves talented in the fields of sciences, mathematics, information technology and arts to register in the initiative by submitting their personal emails. Crédit Agricole Egypt has also launched a comprehensive advertising campaign to promote participating in “Ebhar Misr” Initiative. The selected students are scheduled to begin the summer training camp by the end of August.


About Crédit Agricole Egypt:

Crédit Agricole Egypt is a subsidiary of the Crédit Agricole Group, a market leader in Universal Customer-Focused Banking in France and one of the largest banks worldwide. With operations in 50 countries, Crédit Agricole Group seeks to serve the real economy by supporting its clients’ projects in all areas of retail banking and associated specialized business lines. Emphasizing its values and commitment, Crédit Agricole Group is the bank of common sense. It puts the satisfaction and the interests of all its customers, employees and shareholders at the heart of its activities.

Established in 2006, Crédit Agricole Egypt has become an active player in Egypt’s financial industry offering a wide range of innovative and convenient products to its clients across the entire spectrum: Corporate, SMEs and individuals. Crédit Agricole Egypt’s key goal is customers’ satisfaction by valuing and prioritizing their best interests Thus, Crédit Agricole Egypt has created specialized segments to cater its customers’ needs by offering the sound advice and tailored financial solutions. Accessibility and customers’ convenience are a priority for Crédit Agricole Egypt that offers a nationwide network of branches and ATMs. Also, the bank is considered as a market leader in terms of electronic services by offering state-of-the-art electronic banking solutions.

About CAE Foundation:

Within its sense of social responsibility to carry out sustainable projects for the benefit of the Egyptian society CAE Foundation for Development was formed as a non- profit NGO fully owned by CAE to serve the poor segment of the society. It was newly established in the middle of 2017 as it has been licensed by Ministry of Social Solidarity in May 2017. Launching Crédit Agricole Egypt’s Foundation for Development is at the core of Crédit Agricole Egypt’s strategy and Credit Agricole Group’s fundamental values, which are based on having an impact on our society.

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