Business

PRESSR: Elsewedy Technical Academy celebrates the graduation of 850 students

PRESSR: Elsewedy Technical Academy celebrates the graduation of 850 students

Housing & Development BankDecember 8, 20253
PRESSR: Elsewedy Technical Academy celebrates the graduation of 850 students

About this update from Housing & Development Bank

Ahmed Elsewedy: We continue our commitment to preparing a new generation of skilled technicians capable of leading national industries and supporting the development processSadek Elsewedy: I am proud that what started as an initiative has grown into an integrated system that has empowered thousands of young people and provided them with real opportunities to shape their futureCairo – Elsewedy Technical Academy (STA), affiliated to Elsewedy Electric Foundation, celebrated the graduation of its 12th cohort of students for 2025. The ceremony marked the graduation of more than 850 students qualified for the labor market from the Academy’s 10th of Ramadan City branch, as well as the first cohort of Elsewedy and Housing and Development Bank Technical Academy in Sadat City. It also included graduates from Zohr Applied Technology School in Port Said, under the supervision of the Ministry of Petroleum and Mineral Resources, in addition to the first cohort of students with disabilities, made possible through the support of Abu Dhabi Commercial Bank (ADCB) in establishing the Academy’s first dedicated inclusive classroom.The celebration was held at St. Regis Hotel in the New Capital, in the presence of distinguished officials led by H.E. Mr. Alaa Farouk, Minister of Agriculture and Land Reclamation. The event also welcomed H.E. Mr. Mark Brayson-Richardson, Ambassador of the United Kingdom to Egypt; H.E. Dato’ Mohd Tarid Sufian, Malaysian Ambassador to Egypt; and representatives from the Ministry of Trade and Industry, the Ministry of Social Solidarity, and several embassies.Prominent leaders from the banking sector and partners also attended, including Mr. Hassan Ghanem, Chairman and Managing Director of Housing and Development Bank; Mr. Afdal Naguib, CEO and Managing Director of SAIB Bank; Mr. Ahmed Ismail Hassan Country Manager - Egypt at Arab Bank; Mr. Hazem Hegazy, CEO and Vice Chairman of Al Baraka Bank Egypt; and Mr. Tamer Seif, CEO and Managing Director of Bank NXT, along with other banking executives in addition to International educational partners such as the Arab-German Chamber of Commerce and Industry (AHK), Pearson, and IARS, as well as senior representatives from sponsoring companies, also joined the event.In the same context, the ceremony commenced with the signing of strategic agreements with major institutions and companies aimed at expansion, devel...

View stock analysis, news, and events for Housing & Development Bank