Ramsco's Women Empowerment Initiative Recognized Among Top BRICS Businesswomen Practices for 2025    Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    Gold prices end July with modest gains    Pakistan says successfully concluded 'landmark trade deal' with US    Egypt's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Rafah Crossing 'never been closed for one day' from Egypt: PM    I won't trade my identity to please market: Douzi    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt's EHA, Huawei discuss enhanced digital health    Egypt, Oman discuss environmental cooperation    Egypt's EDA explores pharma cooperation with Belarus    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Phillip Morris partners with Injaz Misr to support entrepreneurs in Upper Egypt
Published in Daily News Egypt on 17 - 01 - 2019

Philip Morris partnered with Injaz Misr, as the world's largest tobacco firm exerts more effort in supporting local communities in the countries it works in de-stereotyping the image of tobacco companies and the industry.
Injaz Misr, a non-profit organisation and Philip Morris Egypt launched their first initiative, “San3ety” (my craftsmanship) Ganoub Al-Wadi, which focuses on establishing a supportive environment for innovation and entrepreneurship, in order to create more jobs in Upper Egypt.
Managing Director Phillip Morris Egypt and the Levant, Vassilis Gkatzelis, highlighted in his speech during the launching ceremony that entrepreneurship is one of the most important pillars upon which the state could depend on to support local industries, “local businesses can significantly contribute to support the national economy, that is why our initiative targets the provinces of Upper Egypt.” he added.
In a recent interview with Daily News Egypt, Gkatzelis said that the company would like to offer better alternatives to adult smokers in the country, giving a hint about the company's plan to transform to iqos rather than cigarette smoking.
Philip Morris has a 22% market share with a labour power of 2,500 of direct and indirect employees in Egypt. It is a global cigarette and tobacco manufacturing company, and its products are sold in over 180 countries.
Dahlia Helaly, co-founder of Injaz Misr, pointed out the importance of empowering young people to accomplish their dreams, which will also help to develop Egypt's economy. “The initiative is adopting a long-term sustainable approach to create a new generation of young people by training and providing them with all the needed skills that will allow them to find a place in the labour market and provide effective solutions to manage their businesses”, Helaly added.
The 16-month initiative is targeting students and fresh graduates of technical and vocational institutions in the provinces of Assiut, Sohag, Qena, Luxor and Aswan. It has three phases from generating project ideas passing by developing a prototype of projects and finally joining Injaz's business incubator, where participants will get financial and logistical support for their startups.


Clic here to read the story from its source.