The American University in Cairo Announces New Al Alfi Foundation MBA Fellowship Program

The American University in Cairo (AUC) recently launched a new MBA fellowship program funded by the Al Alfi Foundation For Human and Social Development.

The program, which will admit up to five candidates, is offered through AUC's School of Business, Economics and Communication, and is intended to enable qualified Egyptian engineering and science college graduates to attend AUC's MBA program on a full-tuition scholarship basis. "The fellowship is one way the foundation intends to support the youth of Egypt in their endeavor to become the new cadre of entrepreneurial leaders and decision makers in industry in the future. The American University in Cairo's MBA program is of the highest quality; it seemed natural that the foundation's first initiative should be housed there," said Moataz Al Alfi, founder and chairman of Al Alfi Foundation at the signing ceremony.

AUC President David Arnold stated that this fellowship program enables AUC to “continue to move with confidence along the path to excellence in terms of our business and management training programs and that the University is especially appreciative of this particular new opportunity that we are able to offer to the best and brightest students in the region.” Arnold thanked Al Alfi family for their leadership and generosity and predicted that this initiative will be an model and exemplar for many families to follow.

The newly established Al Alfi Foundation For Human and Social Development aims at creating opportunities of high quality education for outstanding young Egyptian entrepreneurs with the overall objective of developing a cadre of future industrial leaders who can positively impact their surroundings and the society at large.

The American University in Cairo (AUC) was founded 90 years ago and is one of premier English language liberal arts universities in the Arab world. A contributor to the social, political and cultural life of the Arab region, it is a vital bridge between East and West, linking Egypt and the region to the world through scholarly research, partnerships with academic and research institutions, and study abroad programs. An independent, nonprofit, apolitical, non-sectarian and equal-opportunity institution, AUC is fully accredited in Egypt and the United States.