Banque Misr Allocates EGP 124 Million to Develop Critical Care Unit at Kasr Al-Ainy University Hospital
Banque Misr has signed a cooperation protocol with Kasr Al-Ainy University Hospital to support the development of the hospital’s first Critical Care Unit, reinforcing its commitment to improving the quality of healthcare services provided to citizens.
The agreement, signed on Sunday, August 10, 2025, was concluded between Mr. Hisham Okasha, CEO of Banque Misr, and Prof. Dr. Mohamed Sami Abdel Sadeq, President of Cairo University. The signing ceremony was attended by Dr. Fatma El-Gouly, Head of Corporate Communications at Banque Misr, Prof. Dr. Hossam Salah, Dean of the Faculty of Medicine at Kasr Al-Ainy and Chairman of Cairo University Hospitals, along with senior officials from both the bank and the university.
Under the protocol, Banque Misr will provide EGP 124 million to equip the first Critical Care Unit with state-of-the-art medical devices and infrastructure upgrades, aiming to enhance the efficiency and capacity of the facility. This initiative builds on the bank’s longstanding support for the healthcare sector, including prior contributions to Kasr Al-Ainy Hospital such as EGP 12 million for the Department of Cardiothoracic Surgery, EGP 160 million for the full renovation of outpatient clinics, and EGP 100 million to support urgent upgrades at the Kasr Al-Ainy French Teaching Hospital.
Mr. Okasha emphasized that the bank’s contribution reflects a deep belief in the right of every individual to access quality healthcare. He described Kasr Al-Ainy University Hospital as a leading medical institution providing safe and free treatment to patients in need, and highlighted that this support aligns with Egypt’s Vision 2030 goals for the health sector.
Prof. Dr. Abdel Sadeq praised the partnership as a model of effective community collaboration between national institutions, adding that the investment will strengthen Cairo University Hospitals’ ability to deliver advanced, safe medical care to citizens, and will play a vital role in supporting sustainable development goals.
Banque Misr is recognized as one of Egypt’s leading institutions in corporate social responsibility, dedicating approximately EGP 1.2 billion in 2024 alone to initiatives in various development sectors, with a strong focus on impactful, sustainable contributions to society.