Upon its belief in the importance of science and supporting the new
generation of scientists, Banque Misr Foundation for Community Development and
Welfare (BMFCDW) has signed a protocol on cooperation with Nile University. Mr.
Mohamed El-Etreby – Chairman of BMFCDW Board of Trustees has inked the protocol
with Dr. Tarek Khalil - President of Nile University, in the presence of Dr.
Ali El‐Saeydi - Deputy Chairman of BMFCDW Board of Trustees; and Dr. Ibrahim
Badran – Chairman of Nile University Board of Trustees.
The protocol aims to finance the education scholarships for 20 Bachelor
students; including 10 scholarships for engineering students, 10 for business
management, and five for researchers at post-graduate level in Nile University,
and for Bachelor and postgraduate students who have excellent academic records.
It is noteworthy to mention that Banque Misr is highly concerned with
the social responsibility, representing a key core in the bank’s principles,
supporting it both directly or indirectly, through its Banque Misr Foundation
for Community Development and Welfare. This protocol is a tool to encourage science and support the
Egyptian youth’s scientific competencies; it would eventually contribute to
develop and upgrade the society and push the wheel of progress forward. Banque
Misr has also granted donations to support and develop the universities in
Egypt and to patronise the national project for illiteracy in cooperation with
Ain Shams University. Banque Misr
Foundation’s role was also illuminated in supporting the development works for
a number of schools nationwide.
Furthermore, Banque Misr is always seeking to back all the projects
related to developing and bolstering the skills of the scientific calibres in
the country, stemming from its concern about providing outstanding and
highly-technical education that adheres to the international standards.