The National Bank and the Al Ofoq Foundation signed an MOU to build (Alofoq Fund for students enabling)

Ramallah - 1.9.2016 - The National Bank and the Al Ofoq Foundation for Youth Development signed an MOU to build ( Alofoq Fund for students enabling ), which was established in partnership with the National Bank and the Al Ofoq Foundation and Al-Quds University, which aim to grant interest-free loans for university students to enable them to pay tuition and paid according to comfortable mechanism.

The agreement was signed by Mr. Osama Herzallah- Deputy General Manager of the National Bank, which in turn stressed the importance of supporting the education sector in Palestine, Stressing that the students make up one of the fundamental and permanent items on the agenda of the National Bank, not only on the banking domain but also on the social responsibility policy.

The agreement also was signed by Dr. Mohammed AL-fararja the Executive Director of the Al Ofoq Foundation, which paid tribute to the National Bank role in the sustainability of the educational process as one of the most important pillars of education in the heart of Al Quds And a key tributary of the creative energies of youth, also stressed the importance of launching the fund in its first phase from the University of Jerusalem Because of their political privacy and patriotism.

Dr. Ahmed Musleh, chairman of Al Ofoq Foundation talked about the nature of the work of the Foundation and projects that run on its implementation especially with regard to the training and operation of the new graduates in order to help solve part of the problem of unemployment, which is part of the solution is the civil society organizations along with government and official institutions.

At the end of the meeting was the signing of the text of the Convention, Thus they declared the launch of the Fund work, Wishing that serve the largest possible segment of Palestinian university students in the future.