Fifty small-scale fishermen in Kafr El-Sheikh receive fully equipped boats
The boats, with nets and insulated fish boxes, come from SAIB Bank and the Sonaa El Kheir Foundation.
Kafr El-Sheikh — Fifty small-scale fishermen in Egypt's Kafr El-Sheikh governorate have received modern fishing boats, delivered by SAIB Bank with the Sonaa El Kheir Foundation for Development.
The boats come with fishing gear, nets and insulated boxes for storing the catch, and are meant to help the fishermen work more efficiently and earn more.
Boats of Livelihood
The handover is part of "Marakeb El Rezk", or Boats of Livelihood, an initiative that aims to give fishing families a sustainable income. SAIB's contribution comes under its own "Khotwa Le Oddam" (A Step Forward) programme for economic empowerment.
SAIB chief executive Afdel Naguib and Kafr El-Sheikh Governor Ibrahim Abdel Kader attended the handover. Naguib said the project showed how banks and civil society groups can work together for lasting benefits to families.
Source: Daily News Egypt, 7 November 2026.
