SFSD Signs a 20 Million EGP Cooperation Protocol with the National French University in Egypt
A new cooperation protocol was signed on Wednesday, 14 January 2016, by Eng. Naguib Sawiris, CEO of Orascom Telecom Media and Technology Holding and Prof. Dr. Hassan Nadir Kheirallah, President of the French University, in the presence of H.E. Mr. André Parant, the French Ambassador to Egypt, and members of the board of Trustees of the French University.
This protocol comes as part of Sawiris Foundation's initiative to support the French University in Egypt after its conversion from a private university into a national not for profit university. Under the cooperation protocol, SFSD will deliver a grant of EGP 20 million to the French University. The fund lasts for 10 years, at a rate of EGP 2 million per year, starting from the academic year 2015 – 2016. The initiative aims to improve the level of educational services, and provide need-based scholarships to outstanding students.
Established in 2002 as a non-profit private university, the French University in Egypt is composed of three faculties: Business, Engineering, and Applied Languages. All the diplomas offered by the university are in cooperation with prestigious French universities like Paris III (Sorbonne University), the Nantes University, Haute Alsace (Mulhouse-Colmar) University and the Corse University.