"We are proud to continue our fruitful cooperation with UNICEF to provide the needed support in order to achieve social integration, social protection, youth empowerment, and support entrepreneurship in Egypt. Since we value the continuous endeavors to advance these fields, Allianz is working on harnessing its expertise in the Egyptian society to maximize the benefit of these initiatives to reach sustainable development in line with Egypt Vision 2030," Hegazy added.

Mr. Jeremy Hopkins, UNICEF Representative in Egypt, said: “Egypt’s strong vision for 2030, specifically with regard to youth education, entrepreneurship and employment, provides the basis on which the "Shabab Balad" platform can play an important role in supporting and motivating the progress of the country’s youth.”

Hopkins added: "The "Shabab Balad" Platform is not just a program, but rather a movement that includes the entire society and we are very pleased that our partner Allianz will contribute to this."

The United Nations has launched the global initiative “Generation Unlimited/Shabab Balad” in Egypt, to support the country’s 2030 national development vision, tapping into the potential of youth and advancing entrepreneurship. The initiative aims to link high school education and training with the labor market and entrepreneurship. As one of the initiative projects. Since 2008, the project has provided more than 160,000 young people (close to 50% of whom are women) with skills development, career guidance training programs, and internship and/or work placement opportunities. 

Worth noting that Allianz Egypt is cooperating with UNICEF for the third year in a row within the framework of a partnership agreement aimed at providing social protection for children at risk and their families in Egypt. During the cooperation years, Allianz sponsored the "I Deserve a Chance” initiative, which aims to guarantee every child's right to education, followed by the "Our Children - Our Project" initiative to support underprivileged families in Egypt.

About Allianz:

Allianz is a Multinational German insurer operating since 1890. With more than 126 million customers in over 70 countries, it has established itself as one of the world’s strongest financial communities. Allianz Egypt, comprising of “Allianz Life Assurance Company – Egypt” and “Allianz Insurance Company – Egypt”, have a long and successful track record in the Egyptian Insurance market, providing comprehensive and integrated insurance services to business partners and individuals who require the best of local know-how based on extensive international expertise and experience.

About UNICEF

UNICEF promotes the rights and wellbeing of every child, in everything we do. Together with our partners, we work in 190 countries and territories to translate that commitment into practical action, focusing special effort on reaching the most vulnerable and excluded children, to the benefit of all children, everywhere.

For more information about UNICEF and its work for children, visit www.unicef.org/egypt/