Suez Canal Bank launches ‘Sekket Rezk’ initiative to empower care home youth

Suez Canal Bank has launched the “Sekket Rezk” initiative in partnership with Sonaa El Kheir Foundation for Development, a member of the National Alliance for Civil Development Work, and Talabat Egypt.

The initiative is being implemented under the patronage of the Central Bank of Egypt and the Ministry of Social Solidarity, and aims to support and empower young people from care homes while preparing them for effective integration into the labour market, in line with the objectives of Egypt Vision 2030.

The programme focuses on integrating 55 young men and women from care homes into the labour market by providing transportation tools, such as motorcycles and bicycles, financed by Suez Canal Bank. It also includes opening personal bank accounts to enable beneficiaries to manage their income independently.

In addition, the initiative offers employment opportunities in cooperation with Talabat Egypt through its logistics partners, providing practical and sustainable job prospects for participants.

The partnership represents an integrated model of cooperation between the banking sector, the private sector and civil society organisations. By combining employment opportunities, productive tools and financial support, the initiative seeks to create a tangible and sustainable impact on the lives of beneficiary youth while facilitating their transition from institutional care to active participation in the economy.