|01 March, 2020

Elsewedy Technical Academy signs MoU to enable students attain accredited Finnish Degree

The MoU signing was attended by Eng. Ahmed El Sewedy, Chairman of Elsewedy Electric Foundation, Ms. Hanan El Rihany, CEO of STA, H.E. Laura Kansikas-Debraise, Ambassador of Finland to Egypt, Mr. Risto Vahanen, Board Chairman - FGES, Mr. Azer Sawiris, the International Operations' Director of FGES and Mr. Karim Elsafty, Regional Director Middle East - IARS

Elsewedy Technical Academy signs MoU to enable students attain accredited Finnish Degree

Cairo, Egypt:As a part of its efforts to enhance and improve the education in Egypt, Elsewedy Technical Academy (STA) signed a memorandum of understanding (MoU) with the Finnish Global Education Solutions Ltd (FGES), a leading Finnish education provider through its strategic partner in Egypt “ the International Academy for Advanced Research and Studies (IARS)”, to implement the Finnish Vocational education programmes in some of the existing schools run by STA and the new schools STA is planning to establish.

The MoU signing was attended by Eng. Ahmed El Sewedy, Chairman of Elsewedy Electric Foundation, Ms. Hanan El Rihany, CEO of STA, H.E. Laura Kansikas-Debraise, Ambassador of Finland to Egypt, Mr. Risto Vahanen, Board Chairman - FGES, Mr. Azer Sawiris, the International Operations’ Director of FGES and Mr. Karim Elsafty, Regional Director Middle East – IARS

The MoU signed with FGES and IARS opens the doors for the Finnish Vocational Education to be applied  in Egypt, which offers the students a unique respectable international qualifications in vocational education through a dynamic, interactive, challenging, and practical learning environment that follows the Finnish Education System, which is one of the highest ranked systems globally.

The collaboration aims to provide STA students with internationally recognized certification and qualifications in accordance to the Finnish standards and also provide opportunities for student’s mobility within Egypt and Finland, which opens further technical education and training paths for the students and gives them better opportunities within the local and international markets.

On the sidelines of the MoU signing ceremony that took place at Elsewedy Headquarters in New Cairo, Elsewedy Electric Foundation held fruitful discussions with the Finnish side about means of cooperation and effective ways to introduce Finland's successful educational practices and models to STA in Egypt.

“We, at Elsewedy Electric, have always focused our efforts in supporting education as we firmly believe it’s the cornerstone of a thriving society”, said Eng. Ahmed Elsewedy, Chairman of Elsewedy Electric Foundation. “We are exceptionally honored to add a distinctive value to benefit STA students and prepare future leaders with one of the pioneer countries known for its successful education system, Finland”, he added. 

“Since education is one of the fundamentals of the Finnish welfare society, Finland is closely working to support Egypt’s educational system in line with Egypt’s strong vision to develop technical education and enhance cooperation with Finland in this field”, said H.E. Laura Kansikas-Debraise, Ambassador of Finland to Egypt.

“We are extremely proud to enable STA students to access high-quality studies and opportunities that will help them achieve significant progress towards their career goals through holistic Finnish excellence. We look forward to expanding our fruitful partnership in the future” said Mr. Risto Vahanen, Board Chairman - FGES Finnish Global Educational Solutions.

STA has always strived to introduce the latest learning and educational models for its students. Earlier, the academy started the German dual education system which has proven its efficiency and success. STA will continue to build upon its association with Finland as one of the leading countries in the field of education, with the aim of creating technically sound professionals for the African and MENA labor market.

-End-

About Elsewedy Electric:

ELSEWEDY ELECTRIC (EGX: SWDY.CA) is a leading provider of integrated energy solutions in Africa and the Middle East, and a significant contributor to economic growth in EGYPT. The Company has a portfolio incorporating all traditional and renewable energy areas along with related services. It is one of the largest worldwide manufacturers of cables and meters, especially smart meters. It is also one of the regional and continental leaders in electrical contracting and manufacturing of transformers, insulators and other electrical products. With a wealth of local experience and manpower, ELSEWEDY ELECTRIC is committed to help provide the countries, in which the Company operates, with a reliable and affordable power supply. In fiscal 2018, which ended on 31st of December 2018, ELSEWEDY ELECTRIC generated revenue from continuing operations of EGP 42.5 billion and net income of EGP 4.9 billion. At the end of December 2018, the company had around 14,000 employees worldwide. Further information is available on the Internet at www.elsewedyelectric.com 

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases