English Faculty News
Launch of Certified Financial Awareness Trainer Program for Faculty Members at Egyptian Universities in Cooperation between Supreme Council of Universities and Financial Regulatory Authority
Within the framework of the fruitful cooperation between the Supreme Council of Universities and the Financial Regulatory Authority, and based on the protocol signed between the Ministry of Higher Education and Scientific Research and the Financial Regulatory Authority, which primarily aims to launch an integrated system to spread culture and awareness among Egyptian university students in the field of non-banking financial activities and services, Dr. Ahmed Wahban, Dean of the Faculty of Economics and Political Science at Alexandria University, and a member of the Economic Studies and Political Science Sector Committee representing the Secretariat of the Supreme Council of Universities, participated in the activities of the "Certified Financial Awareness Trainer" program for non-specialized faculty members at Egyptian universities, whose sessions will continue during the period from July 14-18, at the headquarters of the Financial Regulatory Authority, in the presence of Professor Dr. Mohamed Farid, Chairman of the Board of Directors of the Financial Regulatory Authority, and Professor Dr. Mohamed Abdelaziz, Assistant Chairman of the Authority.
In his speech, Dr. Ahmed Wahban conveyed the greetings of Professor Dr. Ayman Ashour, Minister of Higher Education and Scientific Research, and Professor Dr. Mustafa Refaat, Secretary-General of the Supreme Council of Universities, and their wishes for a fruitful and constructive training program. He explained that the program comes within the context of the permanent and creative cooperation between the Financial Regulatory Authority and the Ministry of Higher Education and Scientific Research, represented by the Supreme Council of Universities, in implementation of the presidential initiative that aims to raise awareness and spread non-banking financial culture among university youth in order to enhance financial independence and stimulate innovation and entrepreneurship among youth, which contributes to building a strong national economy, as the program aims to prepare human cadres capable of transferring knowledge and experience to youth and enabling them to deal in complex and changing financial environments and make informed financial decisions.
Dr. Wahban also valued the vital and pivotal role of the Financial Regulatory Authority, which enhances the partnership between academic sectors and financial institutions to achieve financial sustainability, which is one of the axes of the national strategy for higher education in Egypt. He praised the authority’s well-known and commendable supervisory, awareness, educational and training role in the field of non-banking financial activities and markets, which ensures the achievement of Competition and transparency in providing non-banking financial services and protecting the rights of those dealing with them, and concluded by extending thanks to Professor Dr. Mohamed Farid - Chairman of the Financial Regulatory Authority, and Professor Dr. Mohamed Abdelaziz - Assistant Chairman of the Authority - as well as those in charge of the success of this initiative from both sides.
It is worth noting that the first activities of the Certified Financial Awareness Trainer Program for faculty members at Egyptian universities began last February.
Signing a Framework Agreement for Cooperation between the Faculties of Business at Alexandria University and DeGroote Business School in Canada
Dr. Saeed Allam, Vice President of Alexandria University for Community Service and Environmental Development Affairs, and Dr. Ali Abdelmohsen, Acting Vice President for Education and Student Affairs, on behalf of Professor Dr. Abdelaziz Konsowa, President of the University, witnessed today, Thursday, August 1, 2024, the signing of the framework agreement between the Faculty of Business at Alexandria University and DeGroote Business School at McMaster University in Canada, in the presence of Dr. Sayed El-Seifi, former Dean of the Faculty of Business, Dr. Amani Yacout, Vice Dean of the Faculty of Business for Graduate Studies and Research, Dr. Ismail Gomaa, Professor of Accounting and Auditing at the Faculty of Business at Alexandria University, Dr. Sameh Shehata, Supervisor of the International Relations Office at Alexandria University, Dr. Gihan Gewaifel, Assistant President of the University for International Branches, and Dr. Boshra Salem, Assistant President of the University for University Classification.
The agreement was signed by Dr. Ayman El-Shetewi, Acting Dean of the Faculty of Business, Alexandria University, and Dr. Khaled Hassanein, Dean of DeGroote School of Business, McMaster University, Canada.
In his speech, Dr. Saeed Allam welcomed the cooperation with McMaster University, Canada, stressing the need for cooperation and expanding the scope of the memorandum of understanding between the two universities to include other fields in various scientific disciplines. He pointed out that the memorandum of understanding between the Faculty of Business, Alexandria University, and DeGroote School, McMaster University, will include exchanges between faculty members and students, in addition to cooperation in the field of joint scientific research. He pointed out that the cooperation comes within the framework of Alexandria University's strategy to raise the level of education and enhance international education competitiveness through cooperation with major American and European universities with advanced global rankings.
Dr. Ali Abdelmohsen stressed that the cooperation agreement between the two parties is a great opportunity for students of the Faculty of Business at Alexandria University, especially since McMaster University in Canada enjoys a good international reputation and has joint agreements with major international universities. He pointed out that the framework agreement will be followed by signing a protocol to establish a (2+2) program in the field of management, as this program allows students who have passed the first and second levels at the Faculty of Business at Alexandria University to complete the requirements for a bachelor's degree at DeGroote School of Business in Canada in 3 specialized academic programs: human resources, marketing, and finance.
Dr. Khaled Hassanein welcomed the cooperation with Alexandria University and expressed his aspiration to expand the horizons and areas of joint cooperation between the two universities in the future, especially in light of the strong relations between Egypt and Canada. He stressed that aspects of cooperation already exist between Alexandria University and McMaster University in Canada, and that McMaster University has graduates from Alexandria University who have already proven their efficiency and have become the best ambassadors for Alexandria University in Canada. He stressed that the memorandum of understanding between the two parties is the first agreement signed by McMaster University with Alexandria University, as it is one of the most important universities in the Middle East.
President of Alexandria University Inaugurates Faculty of Business 21st International Conference
Under the auspices of Dr. Ayman Ashour, Minister of Higher Education and Scientific Research, Professor Dr. Abdelaziz Konsowa, President of Alexandria University, inaugurated today, Saturday, 13th of July 2024, the activities of the 21st International Scientific Conference of the Faculty of Business, which is held under the title "Global Challenges and Achieving Business Sustainability", in the presence of Dr. El Sayed El-Seifi, Dean of the Faculty of Business, Dr. Alaa El-Gharbawi, Vice Dean of the Faculty of Business for Community Service and Environmental Development Affairs, Mr. Ahmed El-Wakil, President of the Federation of Chambers of Commerce, Mr. Mohamed Hanno, President of the Alexandria Businessmen Association, and a group of faculty members of the Faculty of Business, as well as businessmen, civil society organizations, and members of the financial and business community in Alexandria.
In his speech, Dr. Konsowa stressed the need to work scientifically to overcome various challenges, noting that these challenges may represent promising opportunities, and explained that Alexandria Governorate is a first-class industrial governorate as it owns 58% of the gas and petrochemicals industries in Egypt, pointing out the need to achieve sustainability in all fields to build the new republic, which relies primarily on a knowledge-based economy in the true sense of sustainability.
Dr. Konsowa added that Alexandria University has taken it upon itself to adopt an ambitious strategy to ensure sustainability by linking the outputs of scientific research to industry, noting that Alexandria University has many initiatives to achieve sustainability, indicating that the construction work of the Technology Park of Alexandria University has been completed in order to finance applicable scientific research. He called on all members of the business and financial community who have innovative initiatives and ideas that can be applied to join the Technology Park to adopt these ideas and bring them to light. Konsowa pointed out the expansions witnessed by Alexandria University and achieving international competitiveness (internationalization at home) through the partnerships concluded by Alexandria University with major international universities and establishing branches of these international universities on Egyptian soil, such as establishing a branch of the Finnish University in Borg El Arab and signing a joint scientific degree with the University of Manchester in the field of medicine, dentistry and pharmacy, and many other international universities that rely primarily on sustainability.
Dr. El Sayed El-Seifi stressed that the choice of the conference title was not isolated from the reality of life and the challenges we are currently witnessing, noting that the conference topic addresses business sustainability, which is no longer just a trend but has become a basic necessity for the future of business and the nation. Dr. El-Seifi added that sustainability includes three pillars: economic prosperity, social justice, and environmental protection. He stressed that we must move towards many modern strategies in human resources management, making data-based decisions, embracing technology, using artificial intelligence and automation to simplify human resources operations, using marketing policies for business sustainability, using green marketing techniques, participating in environmentally friendly advertising, evaluating environmental, social and governance factors to provide a more complete picture of companies, and supporting resource optimization to assess climate change risks.
Dr. El Seifi stressed the need to pay attention to financing and investment management for business sustainability, which is represented in green financing in sustainable businesses and projects, relying on investments that generate financial returns, and searching for alternative financing sources such as crowdfunding platforms and influential investors, using tax and customs systems, digitization, addressing tax evasion, and eliminating bureaucracy.
Dr. Alaa El-Din El-Gharbawy pointed out that there are many challenges facing the Egyptian economy, such as energy challenges, wars and geopolitical unrest, stressing that the conference will discuss all these challenges to try to find solutions for them, in addition to urging institutions to adopt sustainability to develop their work performance, because there are negative effects resulting from not using sustainability in economic and productive institutions that lead to the inability of these institutions.
While Mr. Ahmed El-Wakil stressed the importance of the conference topic to confront the challenges facing the Egyptian state. El-Wakil presented a set of recommendations to achieve economic growth, including restoring confidence in the banking system, reducing inflation, activating the role of productive sectors, giving absolute priority to manufacturing for export purposes, reviewing the state's administrative structure, adhering to the principle of the unity and comprehensiveness of the budget, respecting investor contracts and attracting foreign investments.
While Mr. Mohamed Hanno stressed the need to raise the efficiency of the state's administrative apparatus, restructuring it and eliminating bureaucracy, and praised the role of Alexandria University and its support for the financial and business sector in Alexandria by establishing business incubators and opening waste recycling plants to support sustainability.
President of Alexandria University Attends Faculty of Dentistry’s 76th Batch Graduation Ceremony
Professor Dr. Abdelaziz Konsowa, President of Alexandria University, attended on Friday evening the graduation ceremony of the 76th batch of the Faculty of Dentistry, at the Grand Conference Hall of the Bibliotheca Alexandrina, in the presence of Dr. Mustafa El-Naggar, President of Matrouh University, Major General Alaa Fathallah, Police Director of West Alexandria, Dr. Ahmed Abdelhakim, Dean of the Faculty, vice deans, faculty members, and parents.
In his speech, Dr. Konsowa congratulated his students on their graduation and the crowning of their great efforts throughout their studies at the faculty. He also thanked the parents for all the support they provided to their children. The university president pointed out the efforts made by Alexandria University to be a competitive university with global quality by expanding external relations with international universities and establishing dual programs to compete locally, regionally and globally. He explained that the joint degree between the Faculty of Dentistry and the University of Manchester is the first joint bachelor’s degree in dentistry in the Middle East.
The university president announced the establishment of a distinguished dental complex that will be the largest in the Middle East with extensive equipment from laboratories, dental units, equipment, devices and an integrated research centre. At the end of his speech, Dr. Konsowa referred to supporting scientific research and its applications within the university through the technology park, stressing that the progress of any society comes through a knowledge-based economy.
Dr. Ahmed Adel Abdelhakim, Dean of the Faculty, expressed his pleasure with the graduation of his students, who numbered 749 male and female students, which is the culmination of efforts, perseverance, and years of study, stressing that today is not the end of an academic journey but rather the beginning of a journey full of opportunities and challenges. He pointed out that the profession of dentistry is a great humanitarian profession that requires commitment to the highest standards of ethics and professionalism, and called on the graduates of the faculty to continue to excel and develop.
Medical Research Institute Obtains Renewal of Accreditation Certificate from the National Authority for Quality Assurance and Accreditation of Education
Professor Dr. Abdelaziz Konsowa, President of Alexandria University, congratulated the members of the Medical Research Institute, including faculty members, employees and students, for the National Authority for Quality Assurance and Accreditation of Education decision to renew the institutional academic accreditation of the Institute.
Dr. Khaled Matarawy, Acting Dean of the Institute, indicated that the Institute succeeded in achieving the academic standard criteria for institutional accreditation, which are 12 criteria, namely strategic planning, leadership and governance, quality management and development, faculty members, assisting staff, administrative structure, financial and material resources, academic standards and educational programs, students and graduates, teaching and learning, scientific research and scientific activities, postgraduate studies, community participation and environmental development. The Dean of the Institute thanked the team of faculty members, their assistants and employees for this achievement, which is an effective means of evaluating the quality of the educational process and an important step towards providing educational and research services at the highest level according to specific mechanisms and frameworks determined by the accreditation system of the National Authority for Accreditation.
