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Contact Insurance Brokerage Partners with UN Global
Contact Insurance Brokerage Partners with UN Global

Economic Key

time3 days ago

  • Business
  • Economic Key

Contact Insurance Brokerage Partners with UN Global

Contact Financial Holding continues to solidify its role as a key development partner in the Egyptian market by championing initiatives that promote good governance, transparency, and equal opportunity, with a strong focus on the economic and social empowerment of women. As part of this commitment, Contact Insurance Brokerage, the Group's insurance brokerage arm, has officially joined the UN Global Compact Network Egypt (UNGCNE), while also supporting UNGCNE flagship women empowerment program, 'Bloom with Purpose.' This Pearson-certified program is designed to equip women in mid-management positions with the strategic leadership skills, emotional intelligence, and decision-making capabilities necessary to advance into senior executive roles—contributing to a more inclusive and resilient business environment in Egypt. By joining the world's largest corporate sustainability initiative, Contact Insurance Brokerage takes a bold step toward deepening its commitment to responsible business practices. This partnership not only strengthens the company's leadership position within Egypt's insurance sector but also unlocks opportunities to scale its sustainability impact through access to global knowledge, tools, and capacity building platforms. including business accelerators in key areas such as Business & Human Rights, Climate Ambition, SDG Innovation, and Business Integrity. In addition to the Sustain360 program, UNGCNE's flagship capacity-building program focused on developing core ESG competencies across the private sector, along with full access to the UN Global Compact Academy, the UN's premier digital learning platform offering practical, on-demand training to help businesses integrate sustainability into strategy, operations, and leadership. 'At Contact Insurance Brokerage, we believe that women's empowerment and good governance are not merely social responsibilities; they are fundamental pillars for building strong and sustainable institutions. Our partnership with the UN Global Compact Network Egypt (UNGCNE) is a natural extension of our vision to cultivate a workplace rooted in diversity, equality, and innovation, where equal opportunity is a core value guiding everything we do,' stated Mrs. Nehal Break, Chairman and Managing Director of Contact Insurance Brokerage. 'We consider women's empowerment a strategic priority, essential to achieving sustainable economic growth and strengthening our competitiveness as a leading company in the Egyptian market. This partnership offers a framework of global standards and best practices that will help translate our vision into action while generating measurable impact across our business and the broader community. We hope this step marks the beginning of a broader journey of impactful initiatives in the near future,' Mrs. Break added. 'We value our collaboration with Contact Group, though our partnership with Contact Insurance Brokerage reflects a strong alignment with our mission. Their support for Bloom with Purpose initiative stands as a clear testament to their commitment to empowering women in decision-making roles,' commented Mrs. Walaa El-Husseiny, CEO of the UN Global Compact Network Egypt. Mrs. El-Husseiny added 'This partnership lays the foundation for impactful, long-term cooperation that we believe will resonate across Egypt's financial sector and labor market. The active engagement of private sector leaders like Contact Insurance Brokerage is essential to advancing the Sustainable Development Goals (SDGs) and strengthening women's leadership across the country.' It is noteworthy that this partnership clearly reflects Contact Insurance Brokerage's long-standing commitment to creating a positive and sustainable societal impact. It aligns with the group's strategic direction of supporting key societal priorities, including gender equality, quality education, decent employment, and good governance, in line with the Sustainable Development Goals. تم نسخ الرابط

India's football ecosystem is scared with uncertainty: Chhetri on ISL pause
India's football ecosystem is scared with uncertainty: Chhetri on ISL pause

Business Standard

time7 days ago

  • Sport
  • Business Standard

India's football ecosystem is scared with uncertainty: Chhetri on ISL pause

Former captain and top striker Sunil Chhetri on Wednesday said the current state of "uncertainty" in Indian football is very concerning and the sport's ecosystem is "worried, hurt, and scared" by the top-tier ISL being put on hold indefinitely. Chhetri, who turns up for Bengaluru FC in the league, said he has been inundated with phone calls and messages expressing apprehensions about the future of the sport in the country. "It began with worrying about how I am on borrowed time with what I have left in the tank. But speaking with players from across clubs, I've realised that my selfish problem isn't as important," the 40-year-old Chhetri posted on X. "The current situation that Indian football finds itself in, is very concerning. I've received a flurry of texts from players, staff members, physios, masseurs - not just from my club, but from other clubs as well. When my phone went off a few weeks ago informing us of a delay in pre-season by a fortnight, I must admit it made me smile. And that's because I was on vacation, hadn't moved as much as I would have liked to, and hadn't been eating as clean as I usually do. I had more time than I… — Sunil Chhetri (@chetrisunil11) July 16, 2025 "Everybody in the Indian football ecosystem is worried, hurt, scared about the uncertainty we are faced with," he added. The ISL (Indian Super League) put the 2025-26 season "on hold" due to uncertainty surrounding the renewal of Master Rights Agreement (MRA) between the event organisers and the All India Football Federation. The league normally runs from September to April, and the current MRA between Football Sports Development Limited (FSDL), which organises the event, and the AIFF is scheduled to expire on December 8, 2025, by which time the ISL would be into its third month. This was after a Supreme Court directive to AIFF in which the body was asked not to negotiate new terms of the MRA with FSDL, the apex governing body's commercial partner running the ISL, until a final judgment is delivered in the AIFF draft constitution case. FSDL is also the commercial partner of AIFF, and they signed a 15-year MRA in 2010. According to the MRA, FSDL pays the AIFF Rs 50 crore annually, and in turn gets the rights to broadcast, manage and commercialise Indian football, which also includes the national team. Chhetri said he was on vacation when he first learnt about the league being put on hold. "...I must admit it made me smile. And that's because I was on vacation, hadn't moved as much as I would have liked to, and hadn't been eating as clean as I usually do. I had more time than I had bargained to get in shape. "That 'fortnight' has now changed to 'indefinitely' and that smile's been wiped out. I know that the think tank and all those involved in running the sport are working to get the football season up and running, and I'm hopeful that there is a solid fix sooner rather than later," he said. The star player, who has come out of international retirement to bolster the Indian team that is enduring continuous poor results, urged for patience nonetheless. "I may not have all the answers, but my message to all those involved with Indian football and more importantly the ones whose livelihood depends on it, the players, staff, kitmen, masseurs, medical teams, production crews, operations staff please stay calm. "We'll ride this storm together. Stick together and look out for each other. Keep training and getting better. Football has to resume soon. It will," he signed off. The AIFF has said it is "conscious" of ISL's importance to the football ecosystem but had to respect the law of the land by following the Supreme Court directive. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Sunil Chhetri says ISL pause is concerning, India's football ecosystem is ‘scared'
Sunil Chhetri says ISL pause is concerning, India's football ecosystem is ‘scared'

The Hindu

time7 days ago

  • Sport
  • The Hindu

Sunil Chhetri says ISL pause is concerning, India's football ecosystem is ‘scared'

Former captain and top striker Sunil Chhetri on Wednesday (July 16, 2025) said the current state of "uncertainty" in Indian football is very concerning and the sport's ecosystem is "worried, hurt, and scared" by the top-tier ISL being put on hold indefinitely. Chhetri, who turns up for Bengaluru FC in the league, said he has been inundated with phone calls and messages expressing apprehensions about the future of the sport in the country. "It began with worrying about how I am on borrowed time with what I have left in the tank. But speaking with players from across clubs, I've realised that my selfish problem isn't as important," the 40-year-old Chhetri posted on X. When my phone went off a few weeks ago informing us of a delay in pre-season by a fortnight, I must admit it made me smile. And that's because I was on vacation, hadn't moved as much as I would have liked to, and hadn't been eating as clean as I usually do. I had more time than I… — Sunil Chhetri (@chetrisunil11) July 16, 2025 "The current situation that Indian football finds itself in, is very concerning. I've received a flurry of texts from players, staff members, physios, masseurs - not just from my club, but from other clubs as well. "Everybody in the Indian football ecosystem is worried, hurt, scared about the uncertainty we are faced with," he added. MRA renewal issues The ISL (Indian Super League) put the 2025-26 season "on hold" due to uncertainty surrounding the renewal of Master Rights Agreement (MRA) between the event organisers and the All India Football Federation. The league normally runs from September to April, and the current MRA between Football Sports Development Limited (FSDL), which organises the event, and the AIFF is scheduled to expire on December 8, 2025, by which time the ISL would be into its third month. This was after a Supreme Court directive to AIFF in which the body was asked not to negotiate new terms of the MRA with FSDL, the apex governing body's commercial partner running the ISL, until a final judgment is delivered in the AIFF draft constitution case. FSDL deal FSDL is also the commercial partner of AIFF, and they signed a 15-year MRA in 2010. According to the MRA, FSDL pays the AIFF ₹50 crore annually, and in turn gets the rights to broadcast, manage and commercialise Indian football, which also includes the national team. Chhetri said he was on vacation when he first learnt about the league being put on hold. "...I must admit it made me smile. And that's because I was on vacation, hadn't moved as much as I would have liked to, and hadn't been eating as clean as I usually do. I had more time than I had bargained to get in shape. "That 'fortnight' has now changed to 'indefinitely' and that smile's been wiped out. I know that the think tank and all those involved in running the sport are working to get the football season up and running, and I'm hopeful that there is a solid fix sooner rather than later," he said. The star player, who has come out of international retirement to bolster the Indian team that is enduring continuous poor results, urged for patience nonetheless. "I may not have all the answers, but my message to all those involved with Indian football — and more importantly, the ones whose livelihood depends on it, the players, staff, kitmen, masseurs, medical teams, production crews, operations staff — please stay calm. "We'll ride this storm together. Stick together and look out for each other. Keep training and getting better. Football has to resume soon. It will," he signed off. The AIFF has said it is "conscious" of ISL's importance to the football ecosystem but had to respect the law of the land by following the Supreme Court directive.

"Worried, Hurt, Scared": Sunil Chhetri's Concerning Post Over ISL Suspension Drama
"Worried, Hurt, Scared": Sunil Chhetri's Concerning Post Over ISL Suspension Drama

NDTV

time7 days ago

  • Sport
  • NDTV

"Worried, Hurt, Scared": Sunil Chhetri's Concerning Post Over ISL Suspension Drama

Former captain and top striker Sunil Chhetri on Wednesday said the current state of "uncertainty" in Indian football is very concerning and the sport's ecosystem is "worried, hurt, and scared" by the top-tier ISL being put on hold indefinitely. Chhetri, who turns up for Bengaluru FC in the league, said he has been inundated with phone calls and messages expressing apprehensions about the future of the sport in the country. "It began with worrying about how I am on borrowed time with what I have left in the tank. But speaking with players from across clubs, I've realised that my selfish problem isn't as important," the 40-year-old Chhetri posted on X. "The current situation that Indian football finds itself in, is very concerning. I've received a flurry of texts from players, staff members, physios, masseurs - not just from my club, but from other clubs as well. "Everybody in the Indian football ecosystem is worried, hurt, scared about the uncertainty we are faced with," he added. When my phone went off a few weeks ago informing us of a delay in pre-season by a fortnight, I must admit it made me smile. And that's because I was on vacation, hadn't moved as much as I would have liked to, and hadn't been eating as clean as I usually do. I had more time than I… — Sunil Chhetri (@chetrisunil11) July 16, 2025 The ISL (Indian Super League) put the 2025-26 season "on hold" due to uncertainty surrounding the renewal of Master Rights Agreement (MRA) between the event organisers and the All India Football Federation. The league normally runs from September to April, and the current MRA between Football Sports Development Limited (FSDL), which organises the event, and the AIFF is scheduled to expire on December 8, 2025, by which time the ISL would be into its third month. This was after a Supreme Court directive to AIFF in which the body was asked not to negotiate new terms of the MRA with FSDL, the apex governing body's commercial partner running the ISL, until a final judgment is delivered in the AIFF draft constitution case. FSDL is also the commercial partner of AIFF, and they signed a 15-year MRA in 2010. According to the MRA, FSDL pays the AIFF Rs 50 crore annually, and in turn gets the rights to broadcast, manage and commercialise Indian football, which also includes the national team. Chhetri said he was on vacation when he first learnt about the league being put on hold. "...I must admit it made me smile. And that's because I was on vacation, hadn't moved as much as I would have liked to, and hadn't been eating as clean as I usually do. I had more time than I had bargained to get in shape. "That 'fortnight' has now changed to 'indefinitely' and that smile's been wiped out. I know that the think tank and all those involved in running the sport are working to get the football season up and running, and I'm hopeful that there is a solid fix sooner rather than later," he said. The star player, who has come out of international retirement to bolster the Indian team that is enduring continuous poor results, urged for patience nonetheless. "I may not have all the answers, but my message to all those involved with Indian football – and more importantly the ones whose livelihood depends on it, the players, staff, kitmen, masseurs, medical teams, production crews, operations staff – please stay calm. "We'll ride this storm together. Stick together and look out for each other. Keep training and getting better. Football has to resume soon. It will," he signed off. The AIFF has said it is "conscious" of ISL's importance to the football ecosystem but had to respect the law of the land by following the Supreme Court directive.

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