Al Fardan Exchange steps up to support Children's Cancer Hospital in Egypt

Al Fardan Exchange L.L.C, the leading money transfer and currency exchange firm, licensed and regulated by the Central Bank of the United Arab Emirates (UAE), is proud to announce that it will donate EGP1m to the Children’s Cancer Hospital Egypt 57357 (CCHE), also known as Hospital 57357. In addition, all Al Fardan Exchange branches will provide free of charge transfers to the 57357 Children’s Cancer Hospital Foundation until 31st March, 2023.

Hospital 57357 is unfortunately in danger of having to limit its ongoing work due to a lack of donations and funding combined with increasing costs due to inflation and other financial burdens on the hospital which have continued to worsen. The decline in funding has come hand in hand with exchange rate fluctuations, most notably the exponential rise of the United States’ Dollar in comparison to the Egyptian Pound. This has resulted in tripling the cost of treatment.

This is compounded by the drop in the number of donations made during this period which have plummeted by around 80 percent, in comparison to previous years. This has prompted Hospital 57357 to liquidate its final deposit in order to treat 18,000 children.