Cairo, November 2022 – Mr. Mohamed Abbas Fayed, FABMISR CEO and Managing Director received senior members of Al Ahly SC board of directors in the bank’s headquarters in Cairo, following FABMISR’s Sponsorship of Al Ahly SC. Al Ahly SC’s delegation was represented by Al Amry Farouk, the club Vice President and Khaled Mourtagy, Board Treasurer of the club.

Al Ahly SC members’ visit to FABMISR comes to explore means for enhancing joint cooperation and to discuss future plans for the new sponsorship; a step which FABMISR has recently fostered within the framework of its strategy that prioritizes the encouragement to athletes and sports in general. 

It is worth mentioning that FABMISR, one of the largest private banks operating in Egypt, has recently announced a four-year sponsorship of Ahly SC. Through the sponsorship, FABMISR looks forward to support the African club of the century to continue its incredible success in reaping titles and championships – while capitalizing on its unprecedented history and popularity among millions of Egyptian fans. Additionally, the sponsorship of the renowned club shall further boost FABMISR’s local reach for a larger client base in the region.

About FABMISR

FABMISR, a subsidiary of the First Abu Dhabi Bank Group (FAB), is one of the largest foreign banks operating in Egypt. FABMISR’s local network operates through 69 branches, where it provides leading banking products and services that cater to all customer segments; along with achieving the highest value for its stakeholders and employees. Moreover, the bank offers a personalized banking experience to meet the various expectations of its customers from large organizations, SMEs and consumers whilst utilizing its global experience to support stakeholders, entrepreneurs and the local economy.   

FAB is one of the world’s largest and safest financial institutions with an international network spanning over five continents. The bank also offers global relationships, extensive experience, and financial strength to support local, regional, and international companies seeking to manage their businesses at home and abroad.

FAB is rated Aa3, AA- and AA- by Moody's, Standard & Poor's (S&P, and Fitch, respectively), making it the most robust aggregate rating of banks in the Middle East and North Africa region. FAB is also a regional leader in sustainability and is part of the MSCI ESG Leaders Index and FTSE4Good EM.

For more information on FABMISR, please visit www.bankfab.com/en-eg.