Sponsored by The Central Bank of Egypt The United Bank participates in the national Initiative "Egypt's Scientists Scholarship" to support outstanding underprivileged university students

05/04/2026

Sponsored by The Central Bank of Egypt 
The United Bank participates in the national Initiative "Egypt's Scientists Scholarship" to support outstanding underprivileged university students 

Tarek Fayed – Chief Executive Officer and Managing Director of The United Bank
•    Egypt's Scientists' initiative aims to build a generation capable of leading the future development process.
•    Education is the most powerful investment in the nation's future.
•    Empowering scientifically brilliant youth is the shortest path to building a strong economy based on knowledge and innovation.
•    The United Bank aims to achieve educational justice among all outstanding youth.
  
Cairo: April 5, 2026
Driven by its growing role in investing in human capital as one of the most critical drivers of sustainable development, The United Bank announced its participation in "Egypt's Scientists Scholarship" initiative. Sponsored by The Central Bank of Egypt, the initiative supports outstanding, underprivileged students, reflecting the bank's steadfast commitment to opening new horizons and achieving educational justice for exceptional students.  
The national initiative "Egypt's Scientists Scholarship" aims to provide an integrated support umbrella for high-achieving, underprivileged students. This suppot includes:  
•    Educational Assistance: Helping students excel academically.  
•    Training Programs: Developing both personal and professional skills.  
•    Market Readiness: Preparing a qualified generation, both scientifically and practically, to join the labor market and actively participate in the development process.  

The initiative provides a comprehensive package of benefits to beneficiary students aiming to create a stimulating educational environment that helps them reach their full scientific potential, including:  funding and support for tuition fees. living assistance and allowances.  specialized programs for developing leadership and innovative skills.  
In order to prepare qualified cadres capable of driving development, the initiative targets a number of vital disciplines required by the national economy, including:  medicine and engineering, computer science and technology, economics, business/commerce, and Law  plus media, arts, and agriculture.
Tarek Fayed CEO and Managing Director stated that investing in education is one of the most impactful and sustainable investments in the future of societies. From this standpoint, The United Bank is keen on supporting educational initiatives that open new horizons for exceptional Egyptian youth, especially those who are underprivileged, empowering them to achieve their academic and professional aspirations and contribute to building a stronger, more innovative economy.  
He added that The United Bank’s participation in this national initiative stems from a comprehensive vision to enhance its developmental and societal role. He pointed out that empowering youth with knowledge and skills is a key mechanism for promoting educational justice. This, in turn, grants more outstanding students the opportunity to realize their dreams and participate in shaping the future of Egypt.  
Fayed concluded by emphasizing that empowering scientifically brilliant youth is the shortest path to building economic power based on knowledge and innovation, as the most critical investment lies in the minds capable of creating change and leading Egypt's development journey.