AUC Home page
Back to AUC Home

AUC Receives Single Largest Gift in its History to the School of Business

December 2, 2024

AUC received the single largest philanthropic gift in the institution’s history to support excellence in business education, interdisciplinary research and exchange programs with leading American universities. In appreciation and recognition of this transformative gift from the Sawiris family, the University will name its business school the Onsi Sawiris School of Business in perpetuity. 

The name honors the exceptional personal and professional legacy of the late Onsi Sawiris, a titan of business in the Middle East, founder of the Orascom Group and patriarch of the family.  “With this visionary gift, AUC’s business school will continue to be at the forefront of global business education in the Middle East,” said AUC President Ahmad Dallal. “The Onsi Sawiris School of Business is another legacy of Sawiris family philanthropy that has done so much to promote education and development in Egypt for decades. Thanks to their generous support, our students will have an unparalleled, globally relevant educational experience.”

 This gift is made possible through the generosity of the NNS Foundation, the Naguib Sawiris Charitable Fund, Naguib Samih Sawiris, the Sawiris Foundation for Social Development and Orascom Construction. It will provide funding for scholarships, research and a professorship in artificial intelligence/data science, combined with visiting faculty and student exchange programs with leading U.S. universities, including the University of Chicago. The gift has an estimated value of more than $30 million.

“The Onsi Sawiris School of Business is another legacy of Sawiris family philanthropy that has done so much to promote education and development in Egypt for decades. Thanks to their generous support, our students will have an unparalleled, globally relevant educational experience.”

 “By supporting AUC and exchange programs with top universities in the United States, we are bringing exceptional students together to benefit from intellectually rigorous and truly global programs,” said Nassef Sawiris, executive chair of OCI Global. “Preparing future business leaders at AUC with the skills to adapt and innovate is the best way to honor our father’s work ethic, values and commitment to advancing Egypt.”

 “Our parents instilled in us the value of education and opening doors that create opportunities for youth to excel,” said Naguib Sawiris, executive chairman of Orascom Investment Holding. “Graduates of AUC play a key role in our companies, and many of them are in leadership positions. This school will build the capacity of future generations for our businesses, our communities and our country.”

 “Preparing future business leaders at AUC with the skills to adapt and innovate is the best way to honor our father’s work ethic, values and commitment to advancing Egypt.”

“Onsi Sawiris’s legacy will remain a lasting inspiration for us to continue to invest in Egypt’s most valuable resource: its human capital,” said Naguib Samih Sawiris, chairman of Orascom Development Holding AG.

In 1947, AUC began offering its first economics courses. Today, the School of Business is the only triple-crown-accredited in the region, placing it in the top 1% of business schools in the world. 

“This gift is one of the many examples of impactful philanthropy from the Sawiris family. It reinforces AUC’s position as an institution that produces global-ready graduates with the career and life skills to make a positive difference in their communities and around the world.” 

“This is a landmark development in the school’s history, and we look forward to a new chapter where we continue to raise the bar as a destination for business education,” said Sherif Kamel '88, '90, '13, dean of the School of Business. “I am confident that this gift, the academic exchanges and collaboration with faculty of leading American universities will ensure the Onsi Sawiris School of Business is at the forefront of global business education and on par with the best in the world.”

“Graduates of AUC play a key role in our companies, and many of them are in leadership positions. This school will build the capacity of future generations for our businesses, our communities and our country.” 

 Chairman of the AUC’s Board of Trustees Mark Turnage (ALU '82) said, “This gift is one of the many examples of impactful philanthropy from the Sawiris family. It reinforces AUC’s position as an institution that produces global-ready graduates with the career and life skills to make a positive difference in their communities and around the world.” 

“This is a landmark development in the school’s history, and we look forward to a new chapter where we continue to raise the bar as a destination for business education,” 

 The Sawiris family is a long-time friend of AUC. The wife of Onsi Sawiris, Yousriya Loza Sawiris, is an honorary doctor of AUC and an alumna (MBA ’82), former member of the Egyptian Parliament, businesswoman and philanthropist. Over the years, the family has supported scholarships for students from Upper Egypt, students with disabilities, women’s empowerment and the renovation of AUC’s historic Tahrir Square campus.

 

 

Share

Microsoft: “AI Democratization Will Continue to Expand” 

Dalia Al Nimr
December 2, 2024

At the forefront of the global conversation on the future of AI in higher ed, AUC engaged in discussions with a Microsoft leadership team on campus about “Shaping the Future with Responsibility.” News@AUC spoke with Amr ElMasry, education lead at Microsoft North Africa, to learn about advancing the future of higher ed with AI.

How can universities and students adopt AI responsibly?

  • Instilling a strong understanding of ethical AI principles in their curricula
  • Implementing guidelines that ensure fairness, privacy and accountability around AI usage
  • Providing access to the right tools, platforms and resources. 
  • Staying updated on the latest AI advancements and ethical implications

Universities can partner with technology leaders like Microsoft to help foster a responsible AI ecosystem that encourages innovation while also maintaining the highest standards of safety and security. 

What trends do you see shaping the future of AI in the next five years?

  • Generative AI will revolutionize industries by enabling personalized learning experiences, creative problem-solving tools and advanced content generation. 
  • AI-powered automation will streamline tasks, allowing educators and students to focus on higher-level thinking and creativity. 
  • The integration of AI with real-time data analytics will enhance decision making across sectors, supporting adaptive learning systems in education.
  • A growing emphasis on responsible AI practices, with regulatory frameworks and standards becoming more robust to ensure ethical and equitable AI adoption globally.
  • The rise of Edge AI, where AI systems operate directly on devices such as smartphones and IoT devices, enabling offline applications and reducing latency. 
  • AI democratization will continue to expand, as providers work with public and private institutions to lower barriers to entry, empowering students, startups and educators to create impactful AI solutions without needing extensive technical expertise.

How do you envision the role of AI evolving in the higher education sector?

  • It will enhance personalized learning by offering tools that adapt to individual students’ learning paces and styles, providing tailored resources and feedback. AI-driven platforms will foster collaborative learning and the sharing of knowledge  by connecting students and researchers worldwide, breaking down geographical barriers. 
  • AI will advance academic research by expediting data analysis, leading to breakthroughs in disciplines such as medicine, engineering, social sciences and more. 
  • As AI becomes more integrated into curricula, universities will play a pivotal role in upskilling students with the technical and ethical expertise required to thrive in AI-driven industries. 

We will see [personalized learning] in the form of AI tutors that will encourage learning both inside and outside the classroom. Administrative tasks, such as grading, course scheduling and other workflows, will become increasingly streamlined through automation, enabling educators to dedicate more time to teaching, guidance and mentorship. 

It will enhance personalized learning by offering tools that adapt to individual students’ learning paces and styles, providing tailored resources and feedback. What advice would you give to students interested in pursuing a career in AI?

  • Focus on building a strong foundation, staying curious and embracing practical experience.
  • Take the time to develop proficiency in both mathematics and computer science, and start familiarizing yourselves with programming languages like Python and Java. 
  • Staying informed about advancements in areas such as generative AI, ethical AI and emerging trends by engaging with research papers, conferences and online courses. 
  • Gaining hands-on experience through internships and traineeships.
  • Interdisciplinary learning, as combining AI knowledge with domains such as business, healthcare or environmental science can unlock innovative applications.
  • Cultivating skills in communication, teamwork and critical thinking to collaborate effectively with diverse teams. 

With the right skills, mindset and opportunities, students can play a pivotal role in shaping AI’s future responsibly. Platforms like Microsoft Learn offer resources to help students build essential AI and machine learning skills. Another great resource is the Microsoft AI Skills Navigator, a comprehensive platform designed to provide learners with personalized AI education, offering an AI-powered assistant to guide users to the most suitable learning paths based on their goals, roles and skill levels. 

Share