Prof. Dr. Mahmoud El-Metini, President of Ain Shams University, Eng. Fathallah Fawzi, Vice Chairman of the Board of Directors of the Egyptian Businessmen Association and Chairman of the Construction Committee, and Mr. Maged Fahmy, Chairman of the Board of Directors of the Industrial Development Bank, signed a joint cooperation protocol, at the Saffron Palace, the headquarters of Ain Shams University. That was in the presence of Prof. Dr. Abdel Fattah Saud, Vice President for Education and Student Affairs, Prof. Dr. Ahmed Galal, Dean of the College of Agriculture, Prof. Dr. Khaled Kadri, Dean of the Faculty of Business, Prof. Dr. Nagwa Badr, Dean of the Faculty of Computers and Information, Prof. Dr. Muhammad Raga, Dean of the Faculty of Science, Prof. Dr. Diaa Khalil, Dean of the Faculty of Engineering, Prof. Dr. Amr Al-Husseini, Vice Dean of the Faculty of Engineering for Community Service and Environmental Development, Eng. Magd Al-Din al-Manzlawi, a member of m. Management and Industry Committee Chairman, Eng. Alaa Fikry, Vice President of the Construction Committee, Dr. Nevin Abdel Khaleq, Chairman of the Commission for Sustainable Development, Dr. Ahmed Shalaby, a member of the Association, Eng. Osama Junaidi, Chairman of the Energy Committee, Eng. Alaa Diab, Chairman of the Agriculture Committee, Prof. Mohamed Youssef Executive Director, Prof. Rasha Abdel Hadi, Head of Committees and Government Relations Sector, Prof. Hamdi Azzam, Vice Chairman of the Board of Directors of the Industrial Development Bank, Prof. Naglaa Mohamed, Head of Public Relations and Corporate Communications, and Prof. Ibrahim Taib, Head of Projects Sector.

Where Prof. Dr. Mahmoud El-Metini, President of Ain Shams University, confirmed that scientific research is the first building block and backbone on which the body of developed societies is based, and it is a fertile field and a basic pillar for the economy and development of countries, indicating that with scientific research the welfare of peoples is achieved and their position among developed countries is preserved, which helps the rise of societies industrially, economically, socially, and commercially, as global experiences have shown that employing scientific research and studies, especially those submitted by researchers to obtain master's and doctoral degrees, in innovation and development and providing practical and applied solutions represent the best pillar for advancing society and advancing economic development.

He added that the main objective of this protocol is to effectively link the academic sector with the labor market at the level of many sectors, which greatly contributes to finding non-traditional solutions to a large number of problems, as well as the promotion and development of entrepreneurship.

Eng. Fathallah Fawzi, Vice Chairman of the Board of Directors and Chairman of the Construction Committee, explained that the Egyptian Businessmen Association is working to unify the thought of the serious business community to share its experiences and energies to advance the economic development of the state while deepening its role in the social development plan. All advisory, technical and legislative services to the business community to serve the economic activities in which they work; Then came the initiatives and contributions of businessmen and the private sector to sponsor and finance research in universities, stressing that sponsoring scientific research is a national message.

Mr. Maged Fahmy, Chairman of the Board of Directors of the Industrial Development Bank, explained that the bank supports the financing of projects and research, and works to localize local industries, stressing that the cooperation between the bank and Ain Shams University is a good step that will bear good results, and indicated that each sector of the bank offers its services that can support The Bank is the university in it, explaining that the Industrial Development Bank mainly aims to support young people and their ideas as they are the builders of the future, and the bank is considered a pioneer in small and micro enterprises through its distinctive packages of advanced banking products and services in the first place that aim to meet the needs of citizens.

Prof. Dr. Abdel-Fattah Saud, Vice President for Education and Student Affairs, pointed out the importance of strategic planning and the role of public universities in solving community problems and the university's return to leadership again and communicating with society clearly, supporting geniuses and implementing their ideas, which will lead to a great leap in the progress of society, indicating that there is constant modernization and development in the study programs, which can come through businessmen to serve projects and solve various problems, in addition to activating communication through executive committees, as well as in the Faculties of Agriculture and Business, and his eminence shed light on what Ain Shams University has of precious treasure. It is represented by the university students who have many ideas that deserve support to serve the community, indicating that the curricula are constantly changing and developing to match the nature of the labor market.

The protocol aims to link scientific dissertations and research (MA - PhD) in universities with what the business community requires in terms of practical studies that touch the applied reality of the various economic sectors, and link scientific research with the reality of contemporary problems facing Egyptian society to benefit from these research in clarifying the vision for decision makers. By diagnosing the reality of the private sector and the role of scientific research in an attempt to study the associated problems, creating a mechanism for cooperation between the business community and educational and practical institutions, based on the link between practical application and academic research studies, supporting scientific research for the development plan in the state through an integrated study, and activating the societal responsibility of the private sector in supporting and revitalizing the role of scientific research.

The protocol includes adopting issues facing the business community that require scientific research that would address these issues through a constructive dialogue aimed at achieving the public good, cooperation in preparing all studies, research and working papers that focus on the problems facing investors and businessmen in all different economic sectors, And trying to find appropriate applied solutions to it and technical and technological cooperation, in addition to providing all consultations in the field of marketing, production and management to researchers, cooperation and concerted efforts to develop and develop various economic sectors and raise their quality and competitiveness, and full and joint cooperation between the two parties to participate in developing a unified vision that represents a common vision for the development of research Scientific to comply with the requirements of the business community in all its economic activities, and to establish a mechanism for selecting the research topics that are presented to it for implementation in accordance with this protocol and according to their importance and extent of their impact on the private sector and the business community with all its economic activities, and to support young people and their ideas in the field of small and micro enterprises through a distinguished package of products and advanced banking services, Creating a cooperation mechanism between the business community and educational institutions based on the basis of linking scientific application with academic studies and research, as well as supporting scientific research for the development plan in the country through an integrated study, activating the social responsibility of the government sector.