Abu Dhabi Global Market Academy (ADGMA), the Human Resources Authority (HRA) in Abu Dhabi, and Banque Misr have signed a Memorandum of Understanding (MoU) in order to establish a banking educational program at Abu Dhabi Global Market (ADGM).
According to the statement, the agreement strengthens the parties’ strategic partnership to encourage information exchange and improve ADGM Academy’s banking educational, and training platforms.
Further, the alliance intends to improve the skills of Emirati researchers, promote their successful integration into the private sector, and support their pursuit of meaningful and sustainable employment.
Mr. Hamad Sayah Al Mazrouei, Managing Director of ADGMA said that, “This is a significant milestone for ADGM Academy, as we reinforce our commitment to support the UAE’s knowledge sector, particularly in the crucial fields of finance and banking. Through this partnership with HRA and Banque Misr, we aim to train and certified the Emirati nationals for employability in Banque Misr.”
As per the statement, the successful graduates of the program will be selected for employment within their organizations through robust and structured assessment centers. Banque Misr will identify and sponsor the graduates of the ADGM Academy program, and further assist in training and employability as per their human resources requirements.
Commenting on the agreement, Ms. Amal Al Jabri, Acting Director-General of the HRA, confirmed that “this agreement represents an extension of the fruitful institutional cooperation between the Authority and ADGMA to enhance the participation of UAE nationals in the private sector.”
Further, Ms. Al Jabri underscored the importance of the educational platform for banking business in supporting the qualitative Emiratization rates in the financial and banking sectors.
Mr. Khaled El Bialy, CEO of Banque Misr, UAE, commented that, “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.”
Mr. Bialy noted that “the signing of the MoU comes within the framework of Banque Misr’s values and strategies reflecting its commitment and dedication to sustainable development and achieving prosperity for Egypt and all countries in which the bank operates.”