Signing a Memorandum of Understanding between Medalah Foundation and Al-Qutaibi Islamic Bank

Driven by a shared commitment to empowering youth and strengthening their role in economic and social development, Medalah Foundation, represented by the Youth Empowerment Center (YEC), signed a Memorandum of Understanding with Al-Qutaibi Islamic Bank to establish a collaborative framework that supports young entrepreneurs and their initiatives.

The partnership aims to provide integrated financial and advisory services to youth from diverse backgrounds, helping them develop their projects, strengthen sustainability, and expand their opportunities in entrepreneurship and economic participation.

This step also paves the way for launching practical programs and initiatives that create tangible developmental impact and contribute to community service and youth economic empowerment.

The agreement reflects both parties’ commitment to building effective partnerships that support youth potential and create more sustainable and impactful opportunities.

This activity of the Youth Empowerment Center (YEC) is implemented in partnership with Oxfam in Yemen, and supported and funded by the European Union in Yemen.

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