The National Bank of Egypt (NBE) has allocated EGP 1.75bn to develop the education and health sectors in Egypt, according to Dalia El-Baz, vice chairperson of the bank. El-Baz explained that about EGP 750m of the sum went for education, while the health sector received EGP 1bn, aimed to cover several public hospitals serving the largest base of citizens. Last week, the NBE opened a sterilization suite at El-Demerdash Hospital, as well as the El-Benhawi academic hall at Ain Shams University. According to El-Baz, the bank has contributed EGP 7m to developing the sterilization department at the hospital. The President of Ain Shams University, Abdel Wahab Ezzat, said that El-Demerdash Hospital is one of the largest university hospitals in Egypt, providing free of charge services to about 500,000 citizens annually in Abassia and its suburbs.

Source: Daily News Egypt December 16, 2018 09:22 UTC