During 2011, Barclays Bank Egypt established a CSR coalition amongst British and Egyptian companies with the goal of joining forces to develop Egyptian communities. The coalition, which took on the British Egyptian Business Association (BEBA) as a partner, has reached 19 members.

The coalition has established a goal of developing vocational skills of individuals living in Cairo's shantytowns. 

This goal was formalized at a special luncheon in the attendance of H.E. Dr. Abdel Kawi Khalifa, Governor of Cairo, through the signing of a memorandum of understanding (MoU). The MoU was also signed by Mr. Omar Elsayeh, Chairman of both Barclays Bank Egypt and the British/Egyptian CSR coalition and Mr. Hazem Hassan, BEBA Chairman.

In his remarks, Mr. Omar Elsayeh stated, "I am fortunate to represent the British-Egyptian CSR coalition that includes 19 of the largest Egyptian and British BEBA member companies, under which this alliance operates."

Elsayeh added, "Barclays Bank Egypt developed the idea of creating an entity, for the participation of major companies operating in the Egyptian market that are known for their commitment to supporting local communities or any company willing to invest in this field. The bank formed an initial outlook of what can be achieved through the collaboration of the financial and human resources at companies that support and believe in this idea."

Omar Elsayeh stressed his belief in the power inherent in human capital in any institution, which can overcome obstacles to pave the way for a brighter future. Identifying a common objective and goal is the real challenge for the success of any social initiative if all efforts are exerted at the right time and in the right way.