- Successful graduates of the program will be selected for employment within their organization through strong and structured assessment centers.
Abu Dhabi, United Arab Emirates: Abu Dhabi Global Market Academy (ADGMA), the educational arm of Abu Dhabi Global Market, the Human Resources Authority (HRA) and Bank Misr have signed a Memorandum of Understanding to establish a program of banking training at Abu Dhabi Global Market (ADGM).
The agreement strengthens the parties’ strategic collaboration to facilitate knowledge exchange and enhance the banking education and training platforms offered by the ADGM Academy. The partnership aims to hone the skills of Emirati researchers, promote their successful integration into the private sector and support their pursuit of meaningful and sustainable employment.
The MoU was signed by Mr. Ahmed Saleh, Acting Executive Director of Workforce Development and Management Sector – at HRA and Mr. Abdullah Al Suwaidi, Board Member of the ADGM Academy and Mr. Khaled El Bialy, CEO of Banque Misr UAE.
Hamad Sayah Al Mazroueimanaging director of the ADGM Academy, said“This is an important milestone for the ADGM Academy as we reinforce our commitment to supporting the UAE’s knowledge sector, especially in the critical areas of finance and banking. Through this partnership with HRA and Banque Misr, we aim to train and certify Emirati nationals for employability at Banque Misr. We are proud to support the larger UAE goal of further cultivating local talent. »
Successful graduates of the program will be selected for employment within their organization through strong and structured assessment centers. Banque Misr will identify and sponsor graduates of the ADGM Academy program, and further assist them in training and employability based on their human resource needs.
To begin with, ADGM Academy and its partners will formalize a study proposal highlighting comprehensive Banking Education KPIs, followed by the establishment of a committee to provide support, guidance and monitoring of progress.
With the support of Bank Misr, the ADGM Academy will identify training needs and then, with the help of the Human Resources Authority, recognize potential UAE nationals seeking employment opportunities. to be trained and prepare for employment.
Commenting on the agreement, Ms. Amal Al Jabri, Acting Director General of the Human Resources Authority (HRA), confirmed that this agreement represents an extension of the fruitful institutional cooperation between the Authority and the Global Labor Market Academy. Abu Dhabi to enhance the participation of UAE nationals in the private sector, as HRA continues to develop joint working mechanisms to serve the strategic objectives of the public and private sectors in a beneficial way. Directly on the young citizen looking for a job, on the basis of the powers and competences conferred on him by the law of his creation in 2015. Among these competences are the establishment and development of complete information systems on the employment opportunities offered to citizens in government agencies and companies and the private sector, coordination with the competent authorities and work to monitor the institutional performance of the entities and their measurement in terms of human resources and emirates.
She praised the importance of the educational platform for banking business in supporting the qualitative rates of emirates in banking and banking. She said, “We will continue to work on developing more plans to develop the capacity and knowledge of domestic talent in all fields to provide more employment opportunities for the database of the Authority on the labor market of the Emirate of Abu Dhabi.
“We are pleased to further consolidate our strategic partnership with ADGMA and commend the role of Banque Misr in supporting national development programs in finance and banking by developing the educational platform, attracting national job seekers and investing in their preparation to lead the future in the financial and banking sector with efficiency and competence in national hands.We also confirm the continuity of authority in launching more innovative initiatives in a way that promotes objectives and supports the overall development process of the labor system in the Emirate of Abu Dhabi.” She added.
Khaled El Bialy – CEO Banque Misr UAE, said: “Banque Misr has always attached great importance to the development and advancement of human resources, believing that they are the most important assets of any institution; and that the strength of institutions lies in their enlightened talent.
Khaled El Bialy confirmed that “the signing of the Memorandum of Understanding (MoU) is in line with the values and strategies of Banque Misr reflecting its commitment and dedication to the sustainable development and prosperity of Egypt and of all the countries the bank operates in. Furthermore, we have a sincere duty to contribute positively and effectively to the economy of the United Arab Emirates and its citizens through the partnership with the Abu Dhabi Global Market (ADGM) Academy to develop cadres of young graduates who possess the basic and technical level required of the banking career, and in collaboration with the Human Resources Authority to establish a banking training center at ADGM.”
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About Abu Dhabi Global Market (ADGM)
Abu Dhabi Global Market (ADGM), an international financial center (IFC) located in the capital of the United Arab Emirates, opened on October 21, 2015. Established by Federal Decree of the United Arab Emirates as a broad-based financial center , ADGM is increasing Abu Dhabi’s position as a global trade and business hub serving as a strategic link between the growing economies of the Middle East, Africa and South Asia and the rest of the world.
ADGM’s strategy is anchored by Abu Dhabi’s core strengths spanning private banking, wealth management, asset management, derivatives and commodities trading, financial innovation, sustainability and more Again. Comprised of three independent authorities: the ADGM Courts, the Financial Services Regulatory Authority and the Registration Authority, the ADGM, as IFC, governs all of the 114 hectares (1.14 km2) of Al Maryah Island, which is a designated financial free zone.
It enables registered financial and non-financial institutions, businesses and entities to operate, innovate and succeed within an international regulatory framework based on common law. Since its establishment, ADGM has received the “Financial Center of the Year (MENA)” award for four consecutive years for its initiatives and contributions to the financial and capital markets sector in the region.*
For more details on ADGM, please visit www.adgm.com or follow us on Twitter and Instagram: @adglobalmarket and LinkedIn: @Abu Dhabi Global Market (ADGM)
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