cred pens a sponsorship contract for the 1st edition of Cairo Drama Festival, in the presence of Ahmed Mansour, CEO of cred and Ashraf Zaki, head of the Acting Professions Syndicate, Invest-Gate reports.
Under the deal, cred receives the platinum sponsorship of the festival, which will be held on September 21 at Al-Manara International Conference Center in El-Moshir Axis in New Cairo. The festival is organized by the Syndicate of Acting Professions.
Mansour says that the company’s platinum sponsorship of the festival is a result of its keenness to support the Egyptian drama, which is considered one of the pillars of Egypt’s soft power. The Egyptian drama also plays a major role in shaping Egyptian and Arab mentality and encourages Egyptians to show Egypt’s artistic image in the best way.
For his part, Zaki expresses his pleasure with this sponsorship, which reflects the private sector’s artistic awareness in all fields and the importance of supporting these events, which show the quality of the projects presented by the Egyptian drama. Cairo Drama Festival focuses on the fact that the Egyptian drama is the basis of the Arab drama industry.
The festival’s first edition will see the participation of art and culture stars and Egyptian drama makers to evaluate the series that aired during Ramadan, in addition to announcing the name of the winners. Moreover, the awards are determined by the Supreme Committee of the Festival and are approved by the jury.
It is noteworthy that cred seeks to offer exceptional and prominent real estate projects, depending on the experience of the company’s officials, which includes 400 projects in Egypt and the Gulf countries over the past four decades.
In 2022, cred launched ever project, which spans over 40 acres in the 6th of October City, in partnership with the Urban Communities Authority. ever is a residential, commercial and administrative, medical, and hotel project, with total investments of EGP 9 bn. The project will be implemented within six years, with about EGP 10 bn sales.