Extraordinary General Assembly Approves Significant Capital Increase

8/29/2024

In alignment with Sidpec Petrochemicals' commitment to bolstering human resources, elevating employee morale, and fostering a sense of camaraderie and participation, which collectively contribute to an enhanced work environment, improved performance, and increased productivity, the company, under the auspices of Engineer Mohamed Ibrahim, Chairman of the Board and Managing Director, hosted a sports and recreational day for employees and their families. The event commenced with a speech from the Chairman, who underscored the continuous efforts of the company's management across various domains, including the provision of sports and social activities for employees and their families. This initiative reflects the company’s recognition of the pivotal role that sports play in nurturing individuals who actively contribute to the nation’s progress and development, while also alleviating workplace stress to optimise employee performance, thereby positively influencing the production process. Dr. Tarek El-Kholy, Director of the Medical Affairs Department, emphasised the significance of participating in sports activities to achieve happiness, satisfaction, and maintain general health, physical fitness, and an ideal weight. Furthermore, Dr. Radwa Saad provided insights into stress management techniques, offering practical advice to employees and their families by addressing common concerns. Following the formalities, Engineer Mohamed Ibrahim, accompanied by the company’s senior leaders and executives, joined employees and their families in inaugurating the sports facilities, underscoring the importance of fostering a sports culture, making sports an integral part of daily life, bringing joy, and awarding sports-related prizes to the winners of various competitions. At the conclusion of the event, employees and their families expressed their heartfelt gratitude and appreciation to the Chairman of Sidpec and the event organisers for their unwavering dedication in ensuring the event's success. They also voiced their hope that such activities will be held regularly, as they serve to release energy and cultivate a sense of family unity among the leadership, employees, and their families.  

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