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Scientific Workshop | Development of Resources and Investment at SUST

Sudan Center for Self-Employment and Entrepreneurship, in cooperation with the Financial Resources Consultant at Sudan University of Science and Technology (SUST), held a scientific workshop titled "Development and Development of Resources at Sudan University", in the presence and sponsorship of the Vice Chancellor Prof. Eisa Bashier Mohamed, in addition to Prof. Awadalla Tayfor Ali Ismail, Principal of the University, and Dr. Mustafa Al-Jak, Director of Sudan Center for Self-Employment and Entrepreneurship and Dr. Mustafa Najm Al-Bishari, the university's financial resources advisor, and a large number of college deans, heads of department and representatives of the university's financial department.

Prof. Bashier expressed his happiness with the organized workshop in light of the current economic situation, which requires concerted efforts to get out of the tunnel of inflation and lack of production. The financial resource, positive action, and the use of time are among the most prominent features of budgets and the ways on which goals, strategic plans, and financial policies are built.

Prof. Bashier emphasized maximizing resources and rationalizing expenditure in implementing budgets and thinking outside the box by investing in multiple, diverse and different resources other than relying on tuition fees, which have become a burden on parents.

He said, "Knowledge application is the actual basis for development, and the university has scientific research, knowledge outputs, and investment production incubators that must be activated, attracted investors, and exploited optimally".

His Excellency also called for openness and communication globally, regionally and locally, sensing the importance of investing in life, increasing income, developing resources, entering into smart partnerships, benefiting from research and recommendations, publishing them and implementing them. He added, "We must take advantage of the experiences of scientists and competencies pensioners and invest their knowledge bid".

Prof. Tayfor stated that the workshop opens the door of hopes and aspirations to develop plans and policies for the near-term future to create an environment for students and university workers. He said, "We have a number of development and production projects ready for implementation and we support all partnerships with the university".

Prof. Tayfor also called on everyone to communicate with all sectors of society to increase income and face the challenges of increased spending, in addition to the increases in salaries that came urgently during the current year, and explained that the workshop must come out with recommendations that can be implemented according to a strategic plan prepared with a logical and realistic financial policy program. Finally, he wished His Excellency to hold many training workshops and economic and investment conferences in the near future.

Dr. Mustafa Al-Jack said that the workshop represents a scientific initiative and the product of a great and mighty effort, a road map and an entrance to get out of the economic crises, effective investment and achieving the desired production. He said, "We aim to market knowledge and science at various levels".

Dr. Al-Jack also stressed the need for tight coordination between the university's faculties in order to create investment projects that benefit workers with abundant goodness and support and develop resources in all their forms in the future.

Dr. Mustafa Najm Al-Bishari emphasized the importance of currency as a basic and important resource for all economic and investment activities in various institutions and represents the actual fuel for work. He said, "Scientific research must be expanded and developed, broadened its base, and defined policies, goals and investment plans in the future, taking into account its sustainability and stability", and he expressed his appreciation for the smart partnerships that are employed in favor of investment, resources and development.

The workshop reviewed scientific and research papers during two sessions. The first session was chaired by Dr. Mohamad Mustafa, Dean of the College of Business Studies, and dealt with the development of resources at the university. It was presented by Dr. Howaida Adam Al-Mai’ and commented on by Dr. Mohamad Al-Nayer. A paper was also presented on investment opportunities at SUST, presented by Dr. Mustafa Al-Jak and commented on by Dr. Malik. Al-Mahdi.

As for the second session, it was chaired by the economist, Dr. Mohamad Al-Nayer, in which a lecture was presented on the development of revenue and financial policies through the initiative to finance the budget of SUST. It was presented by Dr. Mustafa Najm Al-Bishari and commented on by Dr. Kamal Al-Din Mohamad, a Professor at Al-Neelain University, and the last paper dealt with the proposal for the comprehensive investment plan for SUST. It was presented by Dr. Qasim Al-Faki and commented on by Prof. Haj Hamad Abdulaziz, Dean of the College of Graduate Studies.

At the end of the workshop, opportunities were opened to receive questions and discussion, and the workshop came out with several recommendations, most notably; investment training, opening the door and opportunities for microfinance to develop projects, activating smart partnerships with banks, forming advisory bodies for university faculties, activating the advisory body to provide services, activating university assets, activating university centers External and benefiting from productive colleges, activating incubators, benefiting from workshops and laboratories, adopting energy projects, establishing an investment production company, adopting the center as an innovative expertise house, opening international and internal communication channels, benefiting from the name of the university as an investment resource, involving everyone in developing investment plans.

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