Manama, Bahrain – 08 November 2017: The Crown Prince International Scholarship Programme (CPISP) has announced that the GFH Financial Group (GFH) today became a platinum sponsor for CPISP following a signing ceremony, held in GFH’s premises, at which the group provided its first monetary support of BHD 200,000.
At the event, the Advisor for Political and Economic Affairs at the Court of the Crown Prince, Member of the Board of Directors and Chairman of the Finance and Administrative Committee of CPISP, His Excellency Shaikh Mohammed bin Isa Al Khalifa welcomed GFH as a new member of the CPISP Platinum Sponsorship programme, which he said reflects the Group’s commitment to supporting various educational initiatives that are instrumental to developing the Kingdom’s gifted young leaders.
Commenting on the occasion, Shaikh Mohammed bin Essa Al Khalifa, Advisor for Political and Economic Affairs at the Court of the Crown Prince, Head of the Executive & Financial Committee and Board Member, said, “We are pleased to announce the participation of GFH Financial Group in the Crown Prince’s International Scholarship Programme (CPISP). HRH the Crown Prince established CPISP as important platform to help develop a highly and internationally educated generation of young Bahraini achievers who will go on to play a critical role in the further advancement of the Kingdom and its global, modern economy. The backing of Bahraini institutions like GFH goes a long way towards ensuring that the programme has the resources required to support these gifted young leaders while helping to unlock the significant potential that exists in the Kingdom of Bahrain.”
The Chairman of GFH, Shaikh Ahmed bin Khalifa Al Khalifa, added, “We are delighted to participate in HRH the Crown Prince’s vision for the development of young Bahrainis. GFH is deeply committed to investing in the Kingdom’s human capital and strongly believes that such education-based initiatives and scholarships form the foundations on which the Kingdom can continue to excel as a leading regional business, finance and investment hub. We are proud to be associated with CPISP and to be supporting Bahrain’s youth - our next generation of leaders.”
CPISP’s Platinum Sponsorship category is considered the highest category of sponsorship of the programme. There are a total of 7 sponsors in this category. The total value of monetary support provided within this category is BHD 1 million.
Each year, CPISP awards 10 fully funded university scholarships to young men and women from both governmental and private secondary schools, based on their academic merit. Since the programme’s inception, over 160 of Bahrain’s brightest high school graduates have been selected to pursue higher education degrees at top international universities around the world.
Established in 1999, the programme, which is funded by HRH the Crown Prince, Deputy Supreme Commander, and First Deputy Prime Minister, Prince Salman bin Hamad Al Khalifa as well as various local and international organizations and individuals, aims to nurture the minds of future generations of Bahraini leaders through educational initiatives. The programme provides Bahrain's most gifted and talented youth the opportunity to learn at the finest international educational institutions as well as providing them with career development support and training.