Arab Finance: First Abu Dhabi Bank Misr (FABMISR) and Orman Association jointly launched the third phase of the Al Falouga village development initiative in Badr Center, Beheira Governorate, according to a press release.

In line with the sustainability goals of Egypt’s Vision 2030, the launch reflects both sides’ shared commitment to enhancing the quality of life and driving economic empowerment for underprivileged families.

The third phase focused on the full rehabilitation of 23 homes, strengthening the bank’s role in sustainability and corporate social responsibility.

Upon completion, the Al Falouga Village Development Initiative will have rehabilitated a total of 73 homes, implemented 12 biogas projects, and provided 24 head of livestock across all three phases.

Ahmed Issa, CEO and Board Director of FABMISR, commented: “Through our strategic partnership with Orman Association, we are investing in integrated development initiatives that improve living conditions, advance environmental sustainability, and create opportunities for economic empowerment."

For his part, Ahmed Osama El-Gendy, CEO of Orman Association, said: "Each phase of the initiative adds new impact and supports the transition of families from need to productivity, which enhances the quality of life and opens broader horizons for development in Al Falouga village. We look forward to completing this journey together, establishing a model that can be replicated in other communities that deserve the same support."