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AUB Mediterraneo Celebrated for Innovation and Economic Contribution

innovation economic contribution

AUB Mediterraneo received an International Investment Award for its innovative contributions to Cyprus’s economic growth and digital transformation. The prestigious accolade acknowledges the university’s pivotal role in fostering entrepreneurship, cutting-edge research, and sustainable development in the region.

Why was AUB Mediterraneo recognized with an International Investment Award?

AUB Mediterraneo was recognized with an International Investment Award for its significant contributions to innovation, support for the green transition, and facilitating digital transformation in Cyprus. The award highlights the university’s role in fostering economic development, entrepreneurial ventures, and cutting-edge research, thereby actively shaping Cyprus’s future.

Prestigious Accolades

The American University of Beirut – Mediterraneo (AUB Mediterraneo) has garnered significant recognition, being bestowed with an International Investment Award. This accolade was presented at a prestigious event facilitated by Invest Cyprus, presided over by His Excellency President Nikos Christodoulides. AUB Mediterraneo stands among a select group of seven entities lauded at the 12th annual Invest Cyprus International Investment Awards. These institutions have been instrumental in fostering innovation, supporting a green transition, and paving the way for digital transformation across Cyprus.

Dr. Wassim El Hajj, the esteemed rector of AUB Mediterraneo, had the honor of accepting this award during a ceremony in Nicosia on July 3, 2024. This event was not just a formality; it symbolized a gathering of influential figures, including ministers, MPs, ambassadors, and other dignitaries, all witnessing the celebration of excellence and commitment to progress.

A Mission of Impact and Excellence

During his heartfelt acceptance speech, Rector El Hajj delved into the illustrious 158-year legacy of the American University of Beirut, a beacon of knowledge in Beirut, Lebanon, recognized globally for its contributions to education. His words not only conveyed gratitude but also a promise; a promise that AUB Mediterraneo, the university’s extension in Pafos, would uphold the same standards of academic brilliance and global prestige.

The support from local government bodies and the community in Cyprus, especially from the Municipality of Pafos and the Mayor, has been unwavering. Rector El Hajj’s narrative was one of optimism and dedication to supporting Cyprus’s vision and strategic objectives, particularly in innovative research and entrepreneurial ventures.

Strengthening Ties and Building Futures

The congregation of AUB leaders at the event underscored the university’s commitment. Notables such as Dr. Imad Baalbaki, AUB Senior Vice President; Deans Dr. Salah Sadek and Dr. Alain Daou; Dr. Yousif Asfour, Chief Innovation and Transformation Officer; and Mr. Yiannis Anthis, Head of Administration at AUB Mediterraneo, all took part in this memorable event. Their presence signified the university’s unified front in advancing educational and economic development within the region.

AUB Mediterraneo’s continuous path of excellence is set to contribute significantly to the local economy through cutting-edge research, fostering entrepreneurship, and creating social impact. With such a multifaceted engagement in Cyprus, the university is poised to be a pivotal force in the nation’s pursuit of its developmental goals.

In summary, AUB Mediterraneo’s receipt of the International Investment Award is a testament to its profound impact on the Cypriot landscape – academically, economically, and socially. The institution’s commitment to innovation and community partnership is a shining example of how educational institutions can play a transformative role in society. AUB Mediterraneo is not only nurturing future leaders but is also actively shaping the future of Cyprus.

Why was AUB Mediterraneo recognized with an International Investment Award?

AUB Mediterraneo was recognized with an International Investment Award for its significant contributions to innovation, support for the green transition, and facilitating digital transformation in Cyprus. The award highlights the university’s role in fostering economic development, entrepreneurial ventures, and cutting-edge research, thereby actively shaping Cyprus’s future.

Who accepted the International Investment Award on behalf of AUB Mediterraneo?

Dr. Wassim El Hajj, the esteemed rector of AUB Mediterraneo, had the honor of accepting the International Investment Award during a ceremony in Nicosia on July 3, 2024. The event was attended by influential figures, including ministers, MPs, ambassadors, and other dignitaries, celebrating excellence and commitment to progress.

How has AUB Mediterraneo contributed to the economic development of Cyprus?

AUB Mediterraneo has contributed to the economic development of Cyprus through its focus on innovative research, fostering entrepreneurship, and creating social impact. The university’s initiatives support the green transition and digital transformation in the region, aligning with Cyprus’s vision and strategic objectives for growth and development.

What is the significance of AUB Mediterraneo’s receipt of the International Investment Award?

AUB Mediterraneo’s receipt of the International Investment Award is a testament to its profound impact on the Cypriot landscape academically, economically, and socially. The accolade underscores the university’s commitment to innovation, community partnership, and shaping the future of Cyprus through education and development initiatives.

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