Egyptian banks increase healthcare contributions to over 50% of CSR spending

In the first quarter of 2026, healthcare received over 50% of Egyptian banks' corporate social responsibility spending, an increase from 42% in 2025. Bank-funded projects include collaborations with the Ministry of Health and Population, upgrades to university hospitals, and the establishment of specialized medical facilities for various conditions like heart disease, cancer, Alzheimer's, and severe burns. Supported initiatives include the presidential program "Our Diabetes Heroes" for children with Type 1 diabetes, providing glucose monitoring devices to low-income families.

Banks are funding the first phase of this program until the end of 2026, with a second phase planned to expand device provision. The banking sector also backs a presidential program to reduce critical surgery waiting lists, focusing on procedures such as heart surgery, joint replacements, and corneal transplants. An agreement between the Central Bank and the Medical Emergency Fund will extend this program's reach over three years from 2026.

Further support has been directed towards intensive care units in public hospitals, equipping Al-Mabra Hospital, and developing the Fayoum Oncology Centre. University medical facilities, including the National Cancer Institute at Cairo University and Ain Shams University Medical City, have also recei