The Ministry of Planning and Economic Development is pleased to announce the launch of the third edition of the “Executive Education Program in El Gouna, Red Sea.” This program is conducted in partnership with the Sawiris Foundation for Social Development (SFSD) and the University of Chicago Booth School of Business, Invest-Gate reports.

The program will take place over 14 days in the picturesque city of El Gouna, located in the Red Sea Governorate. It will involve the participation of 50 prominent executives from the public and private sectors.

The opening ceremony witnessed the presence of esteemed figures, including Eng. Noura Selim, Executive Director of the Sawiris Foundation, and Dr. Randall S. Kroszner, Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business. The event was further honored by the attendance of Aneesh Chopra, President of Care Journey and the first Chief Technology Officer of the United States (2009-2012), who delivered a keynote address on the transformative power of technology in society.

Dr. Hala El Said, Minister of Planning and Economic Development, emphasized the significance of the program and expressed the Ministry’s commitment to continuing its partnership with the Sawiris Foundation and the University of Chicago. The program aims to foster a culture of leadership and sustainable growth, equipping leaders with the knowledge necessary to navigate the complexities of the current economic landscape and contribute to the country’s economic development. It targets senior executives in both the private and public sectors in Egypt, providing them with the skills to adapt to rapid changes and geopolitical challenges.

El Said underscored the importance of collaboration with prestigious international educational institutions in delivering exceptional training programs. To date, around 3,600 government employees have been trained abroad at institutions such as King’s College London, the United Nations University in Portugal, Hertie School of Governance in Germany, Mohammed Bin Rashid School of Government in Dubai, University of Missouri, and Thunderbird School in the United States.

Mr. Nassef Sawiris, Member of the Sawiris Foundation and University of Chicago’s Board of Trustees, Honorary President of Orascom Construction PLC, and CEO of Orascom Construction Industries (OCI N.V), emphasized the significance of education as a cornerstone of the Sawiris Foundation’s mission. He expressed his commitment to empowering leaders who play a fundamental role in Egypt’s economic and social progress. Hosting this program in El Gouna reflects this dedication.