Emirates NBD Egypt launches youth initiative for 2nd year

CAIRO – 20 February 2018: Emirates NBD Egypt launched its youth-centric initiative for the second consecutive year.

The youth-centric initiative targets to introduce youth to the financial world and integrate them into the banking system by encouraging innovative product and service development, Emirates NBD Egypt said in a press release.

The bank launched the "Future Intelligence Program" in October, in participation with students of many Egyptian Universities, including the American University in Cairo, the German University in Cairo, the Arab Academy for Science, Technology and Maritime Transport, Cairo University, the British University in Egypt and Misr International University.

“Emirates NBD Egypt’s program has helped shed light on innovative minds and we hope that it will support and empower Egyptian university students to contribute to the development of their country. These students will also enjoy potential employment opportunities in the bank’s various departments,” Chief Operating Officer at Emirates NBD Egypt Fouad Mohamed said.

The program gave young Egyptians the opportunity to showcase their innovative ideas to develop the banking sector as well as their creative financial solutions, according to the release.

The bank announced this year’s top three winners and the first place team was awarded a cash prize of LE 50,000 and the opportunity to attend a training program at the bank’s headquarters in Dubai.

The second and third place winners received LE 30,000 and LE 20,000, respectively. Finally, the audience chose a team which came in the fourth place and won LE 10,000.

Emirates NBD Egypt said that the cash prizes will be used to fund students’ innovative ideas and equip them with the necessary tools to develop their projects to help improve the banking system and explore new financial solutions.