Korantina Homes Establishes Two Student Scholarships at the American University of Beirut - Mediterraneo in Pafos, Cyprus
In a ceremony on May 3, 2024, Korantina Homes Group announced that it was establishing two student scholarships valued at €80,000 at the American University of Beirut – Mediterraneo (AUB Mediterraneo) in Pafos, Cyprus. American University of Beirut (AUB) President Dr. Fadlo R. Khuri and AUB Mediterraneo Rector Dr. Wassim El Hajj expressed their deep gratitude to Korantina Homes Group and its CEO, Mr. George Ioannou, for its generous support. The establishment of these scholarships, which will be awarded to high-achieving AUB Mediterraneo students, demonstrates the strong relationships that AUB Mediterraneo has forged in Cyprus and the impact it is having on the country’s educational landscape.
During the announcement ceremony, Mr. Ioannou congratulated AUB Mediterraneo for its operation in Cyprus and its dedication to offering a high level of academic studies. He stated, “Our group supports and promotes every effort that aims at enhancing knowledge, research, innovation, and of course academic excellence. We believe that these scholarships can become an incentive for students to strive for excellence at AUB Mediterraneo, a twin campus of an internationally recognized and well-established university that is making Cyprus a prestigious regional hub of academic studies.”
President Khuri and Rector El Hajj commented, “We share common values with Korantina Homes, such as the passion for quality and constant evolution.” They also honored Mr. Ioannou by presenting him with a limited-edition memento, which was created to commemorate the establishment and launch of AUB Mediterraneo, a singular event in the history of AUB in Beirut, Lebanon, which was established in 1866.
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About The American University of Beirut – Mediterraneo
The American University of Beirut – Mediterraneo (AUB Mediterraneo) in Pafos, Cyprus, is approved by the Middle States Commission on Higher Education (MSCHE) as a branch campus of the American University of Beirut (AUB) in Beirut, Lebanon. AUB operates under a charter granted by the New York State Education Department (NYSED) which registers the university’s degree programs. All departments and programs at AUB Mediterraneo are accredited in Europe and Cyprus through the Cyprus Agency of Quality Assurance and Accreditation of Higher Education (CYQAA) and recognized globally.
About The American University of Beirut
Founded in 1866, the American University of Beirut (AUB) bases its educational philosophy, standards, and practices on the American liberal arts model of higher education. A teaching-centered research university, it has 750 full-time faculty members and a student body of more than 8,000 students. AUB currently offers more than 140 programs leading to bachelor’s, master’s, MD, and PhD degrees. It provides medical education and training to students from throughout the region at its Medical Center that includes a full-service 365-bed hospital.
