NBE se­cure EGP 300m to Ze­wail City of Sci­ence, Tech­nol­ogy: Okasha

Launch of NBE in­sti­tute build­ing city for sci­ence, en­gi­neer­ing, nan­otech­nol­ogy

The Daily News Egypt - - Business -

He­sham Okasha, chair­per­son of the Na­tional Bank of Egypt (NBE) and Sherif Sedky, CEO of Ze­wail City of Sci­ence and Tech­nol­ogy, in­au­gu­rated last week the NBE In­sti­tute of Nanoscience in Ze­wail City for Sci­ence and Tech­nol­ogy’s build­ing.

Ac­cord­ing to Okasha, the bank’s funds for the con­struc­tion of this build­ing is a ex­ten­sion of its sup­port to Ze­wail City, which amounted to EGP 300m for this megapro­ject. The state adopted this en­deav­our as a na­tional project for the sci­en­tific re­nais­sance and re­search in Egypt, con­firm­ing the bank’s con­vic­tion in the im­por­tance of sci­en­tific re­search as one of the main pil­lars of progress.

The com­ple­tion of the In­sti­tute’s new build­ing will con­trib­ute to­wards de­vel­op­ing generations of re­searchers and sci­en­tists with a ca­pac­ity to ex­pand tech­nol­ogy for the man­u­fac­tur­ing of high-pre­ci­sion de­vices in the ar­eas of health, sci­ence and en­ergy, the NBE’s chair­per­son noted.

Ac­cord­ing to Okasha, the NBE has pro­vided 119 schol­ar­ships in Ze­wail City worth EGP 10m. Th­ese grants tar­geted tal­ented stu­dents who are un­able to af­ford tu­ition fees in the City from 20 gov­er­norates, of whom 40% were fe­males and 60% were males.

The bank also aims to help Ze­wail City per­form its mis­sion, which will pos­i­tively re­flect the de­vel­op­ment process of ed­u­ca­tion and sci­en­tific re­search in Egypt, which is mirorred in turn by in­creased na­tional pro­duc­tion lev­els, in­di­cated Okasha.

The NBE is pur­su­ing a care­fully planned strat­egy to sup­port the ed­u­ca­tional process in Egypt on all counts, which in­cludes not just de­vel­op­ing build­ings, fa­cil­i­ties and pro­vid­ing school equip­ment, but also in­cludes con­sid­er­a­tion to­wards evolv­ing the hu­man con­di­tion, which is the cor­ner­stone of that strat­egy and is in line with Egypt 2030 Vision and the sustainable de­vel­op­ment goals, Okasha stressed.

For his part, Sedky said that the NBE In­sti­tute build­ing for nanoscience is the largest project to sup­port sci­en­tific and tech­no­log­i­cal re­search in Egypt, and the largest nan­otech­nol­ogy In­sti­tute in the re­gion, wherein the In­sti­tute con­trib­utes to­wards es­tab­lish­ing a knowl­edge pyra­mid to sup­ply lo­cal in­dus­tries, achieve sig­nif­i­cant eco­nomic re­turns from in­tel­lec­tual prop­erty gains, and im­prove med­i­cal ser­vices pro­vided to cit­i­zens.

The in­au­gu­ra­tion cer­e­mony was at­tended by Ye­hya Aboul Fo­touh and Dali­aAl-Baz,NBE vice chair­per­sons;Ali Al-Saidi and Adel Hosny, rep­re­sen­ta­tives of the cur­rent and for­mer NBE board of directors; Ner­min Sha­habud­din, head of Strate­gic Mar­ket­ing and Sus­tain­abil­ity at the NBE, Ze­wail City of­fi­cials and stu­dents who won the NBE’s schol­ar­ships.

Okasha, and Sedky, in­au­gu­rated last week the NBE In­sti­tute of Nanoscience in Ze­wail City for Sci­ence and Tech­nol­ogy’s build­ing

Newspapers in English

Newspapers from Egypt

© PressReader. All rights reserved.