By: Ali Al-Deeb - Mohamed Elatter

The "e-finance" group for financial and digital investments signed a cooperation protocol with the Ministry of Higher Education and Scientific Research and the "Good Makers" Foundation, to provide scholarships to students of technical education and technological colleges within the "Takafu" initiative to select the best distinguished students to help them complete their studies at the education level. Technical and technological colleges in accordance with the excellence and aspirations of students who are eligible for scholarships in those technical and technological fields.

The signing of the agreement came during the participation of E-Finance Group as a strategic partner for CairoICT2022 International Exhibition and Conference, and with the participation of the Ministry of Higher Education and Scientific Research as the guest of honor at the exhibition in its twenty-sixth session, amid an intense presence of young people and students most interested in technology fields.

The signing was witnessed by Dr. Ayman Ashour, Minister of Higher Education and Scientific Research, Ibrahim Sarhan, CEO and Chairman of the Board of Directors of the "e-finance" group for financial and digital investments, and Mustafa Zamzam, Chairman of the Board of Trustees of the Sonaa Al-Khair Foundation, the ambassador of the presidential initiative, Hayat Karima, a member of the National Alliance for Civil Development Action.

This comes within the framework of the pioneering developmental role of the "e-finance" group and its prominent role in the areas of social responsibility, in line with the directions of the Egyptian state in supporting technical education and technological colleges, and in implementation of the goals of the presidential initiative, a decent life in building the new republic. Tawafuq” by providing a number of partial and total scholarships to pay tuition fees for a percentage of outstanding students who are unable to pay tuition fees.

During the “Taqwaf” initiative, the “E-Finance” group offers a number of grants to pay the expenses with a total value of 8 million pounds over four years at 2 million pounds annually for about 200 students each year, with a total of 800 students during the period of validity of the initiative, from the students of the technical education system. And general secondary education who wish to enroll in technological universities. The grant is estimated for one student at about 10,000 pounds annually.

The grants also include support for the student who receives a cumulative distinction to complete his graduate studies from a master’s and doctorate, with the opportunity to appoint outstanding students in the “e-finance” group companies.

These scholarships are announced and applied for in coordination with the Ministry of Higher Education as soon as the result of the coordination of diplomas and general secondary education is announced for students who have been nominated by the Ministry of Higher Education and submitted to the “Makers Al Khair” Foundation for approval of their qualification for the scholarship after field and social research to ensure their entitlement to that grant after They must submit the required documents, and for the student to continue receiving the scholarship, he must continue to obtain an annual grade of no less than good.

For his part, Dr. Ayman Ashour, Minister of Higher Education and Scientific Research, expressed his appreciation for the efforts of civil society and economic institutions specialized in the technological field, as the "Tawafuq" initiative represents a wonderful model for the cooperation of the state's executive body represented by the Ministry of Higher Education and the economic sector through its social responsibility represented by a group “e-finance” and civil society represented by the Sonaa Al-Khair Foundation, a member of the National Alliance for Civil Development Action, to achieve the goal of upgrading the technical education system and supporting the talented in it who are unable to complete their education in order to preserve their superiority.

For his part, Ibrahim Sarhan, CEO and Chairman of the Board of Directors of the "e-finance" group for financial and digital investments, said that the group, as one of the technology pioneers in Egypt, and the flexible government arm in digital transformation, spares no effort towards supporting technological development at all levels, especially youth support. The most ambitious and passionate about innovation and technological learning, to ensure a digital future full of national cadres and competencies within the framework of Egypt's Vision 2030.

For his part, Mostafa Zamzam, Chairman of the Board of Trustees of the Sonaa Al-Khair Foundation, the ambassador of the presidential initiative, Hayat Karima, a member of the National Alliance for Civil Development Work, affirmed that the Tawafa initiative, for which a cooperation protocol was signed, supports the preservation of Egypt’s human wealth of outstanding students who are unable to support them to maintain their excellence, as well as support Educational sectors that are of national importance, including technology universities.