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Koninklijke Philips N.V.

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

  • Registration date 14 may 2012 - 15:41
  • Statutory name Koninklijke Philips N.V.
  • Title Philips commits to improving graduate education in Egypt in cooperation with Supreme Council of Universities (SCU)
  • Comments May 14, 2012 Philips commits to improving graduate education in Egypt in cooperation with Supreme Council of Universities (SCU) Third consecutive Cairo to Cape Town road show kicks-off with dedicated focus on human capital development Philips Lighting Academy and Philips Healthcare Academy established to develop practical and technical skills of Egyptian youth; will offer dedicated internship programs Cairo, Egypt – As part of the third Cairo to Cape Town road show, Royal Philips Electronics (AEX: PHI, NYSE: PHG) today announced that it has established a partnership with the Supreme Council of Universities (SCU), presided by the Ministry of Higher Education of Egypt. Philips signed a Memorandum of Understanding with the SCU to contribute to the human capital development and educational programs for the Arab Republic of Egypt, with an objective to improve the practical, clinical and technological knowledge and skills of students in the engineering and healthcare disciplines. As part of the agreement, Philips and the SCU will share their expertise and develop consolidated training courses and dedicated internship programs at the newly established Philips Lighting Academy and Philips Healthcare Academy, which will operate in cooperation with the Ain Shams University and the American University of Cairo (AUC). Philips invests in Egyptian graduate education Carole Wainaina, Executive Vice President and Chief Human Resources Officer at Philips, explains: “Philips is committed to building a sustainable business footprint in Egypt by investing in education and preparing graduates to enter the labor market. Egypt is the fourth largest economy in Africa and the most populous Arab nation, giving the country enormous growth potential. The country has a wealth of technologies and tools, making it imperative to teach young Egyptians the business-relevant skills to become professionals in the work field. The Philips Lighting Academy and Philips Healthcare Academy will ass

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201205140000000013_2012-05-14 no.21.docx

Date last update: 24 January 2021

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