Minister of Youth and Sports activities Ashraf Sobhy attended the signing of a protocol between the Ministry and cred, an actual property improvement firm, on Thursday. The protocol goals to help the Egyptian champions who will win medals on the Paris 2024 Olympics, within the presence of Ahmed Mansour, the CEO of cred, in addition to senior officers from the ministry and cred, and journalists and media personalities.
In line with the protocol, cred agrees to reward the gold, silver, and bronze medalists with monetary prizes through the event, in coordination with the ministry. The gold medalists will obtain EGP 1m, the silver medalists will get EGP 500,000, and the bronze medalists will earn EGP 250,000. The champions will even be honoured at one other press convention in Egypt after their return from the 2024 Paris Olympics.
The Minister of Youth and Sports activities emphasised the significance of following the directives of President Abdel Fatah Al-Sisi to help the Egyptian sports activities heroes, saying: “The sports activities system is reaching many successes because of the help of the political management and the dedication of the Egyptian gamers to present their finest efficiency, which ends up in successful numerous titles.”
He added: “The significance of cooperation between the federal government and the personal sector and the unification of all efforts to help the gamers financially and morally by way of applications and camps is important. Egypt has a nationwide program that serves the gamers and discovers new abilities throughout the nation. These gamers symbolize Egypt and our objective is to all the time be represented by the very best.”
Ashraf Sobhy defined that the Ministry constantly gives direct monetary help to the sports activities federations to cowl the prices of getting ready the gamers technically for all worldwide, regional, continental, and Arab sports activities occasions, in addition to sponsorship applications provided in cooperation with personal sector entities.
Ahmed Mansour, CEO of cred, additionally expressed his enthusiasm for the collaboration with the Ministry of Youth and Sports activities, and for the sensible participation in supporting the sports activities abilities within the nation, saying: “Encouraging and supporting the youth of their pursuits is a duty for all of us. This collaboration is a part of cred’s social objective that goals to help the efforts of the Egyptian state to create a era of heroes who can compete globally.”
The protocol was signed by Mohamed Al Kurdi, Head of the Central Sports activities Efficiency Division, on behalf of the Ministry of Youth and Sports activities, and by Mohamed Maher, the vice of cred’s CEO, on behalf of cred.
The signing ceremony was attended by the members of parliament Mohammed Al-Jarhi, Deputy Nasser Hidaya, Mohamed Al-Slab, and a bunch of leaders of the Ministry of Youth and Sports activities.
