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ABU DHABI, 26th May, 2023 (WAM) — Abu Dhabi Academy of Global Markets, ADGMA, and Al Ghurair Investment have announced the signing of a Memorandum of Understanding aimed at supporting local talent.
The MoU is based on four strategic pillars, which include: training programs for an efficient and highly skilled workforce, national development programs to support the retention of local talent, upskilling of existing and new Emirati talent through a financial employment hub, and Collaborate on new initiatives for continuous learning.
In the presence of the Human Resources Authority (HRA) last week, ADGM Academy and Al Ghurair Investment signed a Memorandum of Understanding with the main objective of establishing an educational center of excellence focused on developing talent, empowering individuals and creating a sustainable private sector long-term careers, thus forming a strategic partnership, which marks an important milestone in promoting educational excellence and advancing career opportunities in key work roles.
The collaboration will cover key areas of cooperation, including the formation of a dedicated working group to advance the partnership’s initiatives and ensure the effective implementation of the identified tasks within the stipulated time frame. Additionally, the two organizations will collaborate to foster a culture of continuous learning by launching new programs and courses tailored to the identified skill sets and competencies required by Al Ghurair Investment to facilitate continuous learning.
The partnership will launch a national development program to support the onboarding, development and retention of Emirati talent within Al Ghurair Investment’s family of key positions. In addition, the ADGM Academy will develop targeted training programs to meet the skills requirements of a productive workforce and address emerging trends and technologies.
Hamad Sayah Al Mazrouei, Chairman of ADGM Academy, said: “At ADGM Academy, we believe in the importance of upskilling local talent and promoting national development through strategic partnerships. We are delighted to partner with Al Ghurair Investment to nurture and empower the next generation of professionals professionals, equipping them with the skills they need to succeed in a rapidly changing digital environment.
ADGMA is committed to meeting the changing market needs of the UAE by prioritizing Emiratis with long-term career opportunities within the private sector. This commitment is demonstrated through initiatives such as the Financial Employment Centre, which aims to hire and upskill Emirati talent to support their career aspirations. “
Debra Teles, Chief People and Culture Officer, Al Ghurair Investment, commented: “By joining forces, we aim to empower the next generation of talent in the UAE by providing them with the necessary skills and opportunities to thrive in a rapidly changing environment, driven and reshaped by technology. Our commitment to developing our people is unwavering; at Al Ghurair Investment, we have established an integrated talent strategy that focuses on developing our people and continuously adapting skills to meet the future business needs of our future organization. By facilitating continuous learning and ensuring Local talent is upskilled enough that we can create sustainable careers within the private sector that fit perfectly with the country’s vision.”
By joining forces, ADGM Academy and Al Ghurair Investment seek to create a thriving educational ecosystem that equips individuals with the necessary tools and knowledge to excel in their chosen fields and contribute to the growth of the UAE’s knowledge-based economy.
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