Egypt's Sisi affirms importance of constitutional courts in African development    Zamalek no-show, Cairo derby called off    Egypt's PM reviews latest developments on GERD ahead of Washington meeting    Egypt's defence minister heads to Pakistan    Egypt interested in exporting properties, targeting foreign clients, investors    Iran says 12 dead from coronavirus, rejects higher death toll    Egypt's Sisi discusses regional threats with heads of Arab intelligence services    Egypt parliament approves amendments to six laws on security and economic activities    Egypt's PM opens Gezira Club branch in 6 October city    SCEDC threatens to cut power supply to 25 factories for arrears    Cannes to commemorate Wong Kar-wai's In the Mood for Love    MBG Development directs EGP 700m investment to Pukka New Capital    Egypt's Heliopolis Co. receives no offers for management rights    Abu Dhabi Islamic Bank Egypt 2019 net profit jumps 44%    Earthquake hits Turkey-Iran border kills nine, injures more than 100    Asian markets fell as new coronavirus cases jump outside China    'Racism has won,' says Chelsea defender Antonio Rudiger    Fear of coronavirus pandemic grows but China eases curbs as new infections fall    Messi restores peace at Barcelona; Madrid in slump before City    Kuwait, Bahrain report coronavirus in people who visited Iran    Is Nefertiti's long-looked-for mysterious mummy buried next to Tutankhamun's?    Egyptian Irrigation Minister discusses accomplishments of country's mission in Uganda    Social Solidarity Ministry to restructure its activities in cooperation with private sector: El–Kabbaj    Al Ahly, Zamalek play 2nd Cairo Derby in less than 96 hours    Programme: Japanese Film Week kicks off at Cairo Opera House    Egyptian MP takes over presidency of Parliamentary Assembly of the Mediterranean    Amr Fahmy former CAF general-secretary, dies battling cancer    Lebanese hospital uses healing power of music to fight cancer    Iran raises death toll from coronavirus to 8, infections to 43    Brexit team seeks to evade Irish Sea checks on goods    Italy coronavirus cases increase to more than 100    Mohamed Ramadan: Former aviation minister says pilot deserves ban    Mahraganat: controversy over barring Egyptian street popular music    COVID-19 toll reaches 2,360 deaths, 77,700 infections so far    South Sudan president reappoints rebel leader Machar in unity government    Madbouly joins high-level African judiciary meeting on terrorism    Egypt's Sisi stresses commitment to success of Ethiopian dam negotiations    Al-Sisi discusses enhancing commercial cooperation with Chile    Mashrabia Gallery participates in 1-54 African Contemporary Art Fair Marrakech 2020 ( 22-23 February)    Cairo court acquits Mubarak's sons of stock market manipulation    Soma Bay to host Golf Gourmet Week with 150 international golfers    Pompeo says Ethiopia-Egypt massive dam dispute could take months    Al Ahly play Zamalek for Egypt Super Cup in Abu Dhabi    Little Women on its way to become a classic    UEFA Champions League: defending champions Liverpool clash with Atletico Madrid    Chinese Grand Prix likely to be called off amid coronavirus concerns    Egypt's Golden Age actress, Nadia Lutfi, dies at 83    Egypt's President Sisi pardons some prisoners on 25 Jan. Revolution anniversary    







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





NBE studies establishment of rowing club in Cairo
Bank to continue sponsoring the Egyptian Rowing Federation and other games in coordination with the Ministry of Youth and Sports, says Aboul Fotouh
Published in Daily News Egypt on 05 - 01 - 2020

The National Bank of Egypt (NBE) studies the establishment of a new rowing club in Cairo, in cooperation with the Egyptian Rowing Federation, besides its existing rowing club in Alexandria, said the NBE's Vice Chairperson Yehia Aboul Fotouh.
It came during a press conference held by the Egyptian Rowing Federation last Thursday, to talk about the federation's achievements in 2019, including winning the 13th African Rowing Championship held in Tunisia, and Egyptian Mohamed Abdel-Khalek Al-Banna's qualification to the 2020 Tokyo Olympics.
The conference was attended by Aboul Fotouh, and Amr Al-Nouri, head of the Egyptian Rowing Federation.
Aboul Fotouh emphasised that the NBE pays special attention to sports in general, and rowing in particular. The bank aims to attract more young people to practice rowing, so that Egypt's participation in international and regional championships could increase.
The NBE sponsors most of sports federations in Egypt, in addition to 20 players qualified for the Tokyo Olympics. However, the value of sponsorship contracts varies from one sport to another, as it is calculated according to the needs of each game. The bank also has several teams in various games, including football, basketball, handball, and rowing.
The NBE focuses its support on individual sports, in particular, as Egyptian athletes excel at such games in international championships, yet they do not receive enough support.
In cooperation with the Ministry of Youth and Sports, the NBE sponsors some games, such as handball, in which the Egyptian team won the IHF Men's Youth World Championship (under-19), the third place in the IHF Men's Junior World Championship (under-21), and the eighth place in the World Men's Handball Championship. Additionally, the bank sponsors volleyball, taekwondo, and squash.
Al-Nouri said the Egyptian Rowing Federation, under the sponsorship of the NBE, participated in six international championships, and qualified for the Tokyo Olympics. He stressed that the federation seeks to spread rowing nationwide, and revive the sport in many clubs that halted its activities in the recent period.
Egypt aims to promote indoor rowing locally, and hosts international championships, in addition to adding offshore rowing to the federation, and expanding in talent scouting to empower the national teams.
The Egyptian Rowing Federation also seeks to increase the number or rowing players nationwide to raise the competitiveness of the national teams and clubs at the global and continental levels, as well as adopting international quality standards using modern scientific methods.
For the federation to play this role, Al-Nouri stressed that it needs about EGP 20m in 2020, pointing out that the Ministry of Youth and Sports provides about EGP 900,000 only to the federation, besides further financial support when participating in world championships. Therefore, the NBE and other institutions that sponsor rowing have a major role in supporting the game.


Clic here to read the story from its source.