Arab Finance: MODAD Group has allocated 5% of its net profits for social responsibility initiatives via its chartable arm MODAD Foundation for Social Responsibility, according to an emailed press release.
This donation aims to enhance the group’s contribution to community development by focusing on education-related projects as well as hospital renovations.
This move is aligned with MODAD Group’s strategy, targeting creating shared value for society and improving lives through various initiatives and programs serving the most vulnerable in line with Egypt Vision 20230 for sustainable development.