ADGM Academy, Human Resources Authority and Banque Misr sign MoU

Abu Dhabi Global Market Academy (ADGMA), Human Resources Authority (HRA) and Banque Misr have signed an MoU to establish a banking educational programme at Abu Dhabi Global Market.

The partnership aims to refine the skills of Emirati researchers, promote their successful integration to the private sector and support their pursuit of meaningful and sustainable employment.

Hamad Sayah Al Mazrouei, MD of ADGMA, said: “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. We are proud to be supporting the UAE’s wider goal to further cultivate local talent.”

Successful graduates of the programme will be selected for employment within their organisations through robust and structured assessment centers. Banque Misr will identify and sponsor the graduates of the ADGM Academy programme, and further assist in training and employability as per its human resources requirements.

ADGMA and its partners will start with formalising a study proposal, highlighting the complete banking education key performance indicators, followed by establishing a committee to provide support, guidance and oversight of progress.

With the support of Banque Misr, ADGMA will identify training needs, and then, with the assistance of the HRA, recognise potential UAE graduate nationals seeking job opportunities to be trained and be prepared for employment.

Amal Al Jabri, the acting director general HRA, confirmed that this agreement represents an extension of the fruitful institutional cooperation between the authority and the ADGM Academy to enhance the participation of UAE nationals in the private sector, as HRA continues to develop mechanisms for joint work to serve the strategic objectives of the public and private sectors in a beneficial manner.

She praised the importance of an educational platform for the banking business to support the qualitative Emiratisation rates in the banking field. She said, “We will continue to work on developing more plans aimed at developing the capabilities and knowledge skills of national talents in all fields to provide more job opportunities for the authority’s database in the labour market of Abu Dhabi.

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.

In other news, ADGMA recently signed an agreement with the National University of Singapore. The two entities will jointly conduct research into deep-tech solutions to tackle problems facing the financial services sector within the core themes of cybersecurity, artificial intelligence, credit, big data analytics, digital transformation and sustainable finance.

Read: UAE’s ADGM Academy, National University of Singapore sign MoU