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Monday, November 9 - 2009

Ahli United Bank (Egypt) sponsors Broadway show

Ahli United Bank (Egypt) is sponsoring a performance of the longest running Broadway show in history, The Phantom of the Opera.

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  • Professor Nawal Al Degwy, Mr. Hossam Osman, Mr. Shafqat Anwar, Ms. Dalia Al Sebaie, Ms. Rasha Negm after receiving the Certificate of Merit and Trophy on behalf of the Ahli United Bank Egypt.
    Professor Nawal Al Degwy, Mr. Hossam Osman, Mr. Shafqat Anwar, Ms. Dalia Al Sebaie, Ms. Rasha Negm after receiving the Certificate of Merit and Trophy on behalf of the Ahli United Bank Egypt.
All the proceeds from this musical will go to the "contribute in building 100 schools" project, which was launched in 2006 under the auspices of Mrs. Suzanne Mubarak.

Featuring 120 students from the Modern Sciences and Arts University (MSA), the production of the musical is due to be staged at the Cairo Opera House and will run for a four day period between 20th and 23rd July.

A press conference was held at the Cairo Opera House today to launch the beginning of the campaign and honoring all the sponsors to this momentous event. Mr. Shafqat Anwar Deputy Chief Executive Officer & Chief General Manager - Finance, Risk, and Operations of Ahli United Bank (Egypt) has received a Certificate of Merit and Trophy on behalf of the bank. The certificate was a symbol of the bank's participation in promoting the efforts of contributing to the Egyptian educational community.

"The private sector has a crucial role to play in supporting governmental initiatives and reforms, such as the "contribute in building 100 schools" project. Ahli United Bank (Egypt) is very pleased to be in a position where it can support the government in its efforts to build prosperous communities consisting of well educated individuals," said James Goold, CEO and Managing Director of Ahli United Bank (Egypt).

In a venture which promotes cooperation between private sector businesses, NGO's and concerned individuals, the "contribute in building 100 schools" project invests in the refurbishment of schools in low-income areas, providing them with new equipment and introducing new management and teaching techniques to administrative and teaching staff. The first phase of the project saw such success that a second phase, which targets an additional 100 underprivileged schools in the Giza governorate, was launched earlier this year.

Through being a key sponsor of the musical, which is the first of its kind in the Middle East, Ahli United Bank (Egypt) is encouraging the spirit and growth of creativity through education. The bank is also supporting education in the local community where it counts the most through having a positive impact on future Egyptians generations.
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Notes and media contacts

About Ahli United Bank (Egypt)

Ahli United Bank (Egypt) is a full-fledged commercial and investment banking institution. The bank provides a comprehensive array of financial products and services ranging from retail and corporate banking to treasury, wealth management, and offshore banking services.

The group traces its history to the incorporation of the United Bank of Kuwait in London in 1966, and the establishment of Ahli Commercial Bank B.S.C. in 1977 in Bahrain. The current Ahli United Bank Group was established in 2000 when the two banks merged to become subsidiaries of a single entity.

Today, Ahli United Bank is an internationally recognized financial institution, with interests across the Gulf States, Egypt, and the United Kingdom. The Bank has received numerous awards and accolades, and was named "Best Foreign Exchange Bank in the Middle East 2008 and 2007", "Best Emerging Market Bank in the Middle East 2008 and 2007" by Global Finance magazine, "Best Bank in the Middle East 2007" by Euromoney and also "Global Bank of the Year in the Middle East" by the Banker Magazine for 2006.

For further information please contact:

Salah El Din Aloui
Assistant Media Relations Manager
Media Relations
Tel: +2 02 3047215 - 17
Fax: +2 02 3047213
Mob: +2 012 39 79 586

Yasmine M.Tammam
Media Relation Executive
Promoseven Weber Shandwick
Tel : 3048560
Fax : 3047213
Mobile: 0101040529

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