The summit, attended by ministers and leaders of economic and developmental institutions, aims to enhance institutional efficiency and competitive capabilities of companies across various sectors, while providing a platform for networking and building partnerships to support business growth and career development.
Al-Milegy opened the summit by discussing the challenges
facing the labour market. He highlighted that ESLSCA addressed these challenges
early on by adopting a governmental programme targeting state administrative
staff to cultivate managerial leaders within government institutions,
ministries, and authorities. Over eight years, the programme graduated 1,000 government
leaders with MBA degrees from ESLSCA, many of whom have reached high-level
positions, including deputy ministers and heads of authorities.
He also underscored the crucial role of women, noting that
40 per cent of the government programme's graduates were highly qualified women
excelling in their roles.
GAFI CEO Hossam Heiba participated in a panel discussion alongside
Dr. Maait and Dr. Nadia El-Aref, President of ESLSCA University.
During the session, Heiba stressed that digital
transformation and Artificial Intelligence (AI) have become essential for
developing the business environment and attracting investment. He asserted that
investing in technology is no longer optional but necessary to improve
performance and services. He highlighted Egypt's promising potential, noting
that about 70 startups operate in semiconductor design with a strong
international reputation, reflecting significant growth and investment
opportunities. Heiba also emphasised the importance of flexible leadership
capable of adaptation and innovation to ensure sustainable development and
enhance the competitiveness of the Egyptian economy.
Heiba added that GAFI's role extends beyond company
formation to include promoting investment opportunities locally and
internationally, setting supportive investment policies, managing and
developing free zones, and providing an attractive and secure legislative and
regulatory environment for investors.
Heiba revealed that GAFI has begun to employ AI in its
investment system by analysing Foreign Direct Investment (FDI) data and
processing large volumes of company data to accurately identify risks and
opportunities, supporting more effective decision-making. He also explained
that GAFI is integrating AI into the electronic platform currently being
established for company formation and license issuance. This aims to accelerate
procedures, improve review accuracy, and simplify the investor journey through
smarter, more efficient digital services, ultimately saving time and cost and
boosting the attractiveness of the business environment.
GAFI is providing literary sponsorship for the Executive
Education Summit, supporting ESLSCA Egypt’s role as a key platform for joining
influential regional and international circles.
Dr. Nadia El-Aref, President of ESLSCA University, stated that one of the toughest challenges facing any organisation is managing diverse human elements. She noted that the current era demands continuous skill and idea enhancement and out-of-the-box thinking. With the growing convergence of AI and human intelligence, she described AI not merely as a transformation but as a "transformative digital earthquake." Al-Aref also highlighted the low global representation of women among AI developers, stressing the need to empower them to be partners in designing AI ethics for a more just and humane future.