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Sawiris family, Founder of Sawiris Foundation for Social Development

Egypt

Champion's Profile

Net worth $42 billion in 2008 the Sawiris family is an Egyptian royal family that owns the Orascom conglomerate, spanning telecommunications, construction, tourism, industries and technology. The family established the Sawiris Foundation for Social Development in 2001. it is one of the first family donor foundations dedicated to social development to be established in Egypt.

UNDP SDG

Employment Creation and Training, Microfinance, Health, Community Development

Description and impact

Sawiris Foundation for Social Development contribute to Egypt's development, create sustainable job opportunities, and empower citizens to build productive lives that realize their full potential. Its activities include: creating projects that provide job opportunities for Egyptians; training particularly in economic sectors and professions that are not adequately available in the Egyptian market; placement of qualified Egyptians in the job market; scholarships in various colleges and universities.