Money and business

15 male and female citizens participate in the “National Competencies in the World Bank Group” program.

Under the patronage of His Highness Sheikh Theyab bin Mohammed bin Zayed Al Nahyan, Deputy Head of the Presidential Office for Development Affairs and Families of Martyrs, President of the International Humanitarian Affairs Council, 15 young men and women are joining the “National Competencies in the World Bank Group” program to enhance their expertise in development financial policies at the international level.

The program was announced within the framework of cooperation between the Ministry of Finance and the World Bank Group, and within the spring meetings of the World Bank Group and the International Monetary Fund in Washington, DC, in the presence of Minister of State for Financial Affairs Mohammed bin Hadi Al-Husseini, and Ajay Banga, President of the World Bank Group.

The program is implemented with the support of the Emirates International Aid Agency, the Office of Development Affairs and Families of Martyrs in the Presidential Office, and the Abu Dhabi Global Academy.

The program announcement ceremony was attended by the Undersecretary of the Ministry of Finance, Younis Haji Al Khouri, the Undersecretary of the Department of Economic Development – Abu Dhabi, Chairman of the Board of Directors of Abu Dhabi Global Academy, Hamad Sayyah Al Mazrouei, the Assistant Undersecretary of the Ministry of Finance for International Financial Relations Affairs, Ali Abdullah Sharafi, the Executive Director of the Government Talent Empowerment Sector in the Department of Government Empowerment – Abu Dhabi, Dr. Abdullah Al Shammari, the Executive Director of the World Bank Group, Abdulaziz Al Mulla, the CEO of the Abu Dhabi Global Academy, Mansour Jaafar, and the Vice President of the World Bank Group. Radi Angelova for Human Development Affairs, and Othman Dion, World Bank Vice President for the Middle East, North Africa, Pakistan and Afghanistan Region.

The UAE is one of the first countries to participate in this global program, which aims to develop national talent and enhance its role in international financial and development institutions.

The program attracts 15 young men and women from the UAE nationals, to provide them with the opportunity to undergo an integrated training experience in the World Bank Group, by participating in realistic development projects, and learning about work mechanisms in the fields of economics and international development, which enhances the participants’ experience in working on designing, implementing and evaluating development financial policies at the international level.

The program aims to enhance the readiness of national cadres to work in international environments, support capacity building in the fields of development and the global economy, and enable Emirati youth to acquire advanced practical experiences, which contributes to consolidating the UAE’s position as an active partner in supporting international cooperation and exchanging knowledge between the UAE and the World Bank Group.

Minister of State for Financial Affairs Mohammed bin Hadi Al Husseini said: “Launching the (National Competencies in the World Bank Group) program represents a strategic step that reflects the UAE’s vision for long-term investment in human capital on the one hand, and the country’s commitment to qualifying a new generation of national competencies capable of interacting with global economic changes and contributing effectively to formulating financial and development policies at the international level on the other hand.”

He added: “Through this program, we are working to build qualitative paths that allow our youth to gain practical experience within leading international institutions, which enhances the presence of Emirati competencies in global financial and economic decision-making centers, and supports the country’s trends in consolidating its position as a global financial center and a major partner in supporting international economic stability.”

Dr. Tariq Ahmed Al Ameri, Head of the Emirates International Aid Agency and Director of the Office of Development Affairs in the Presidential Office, stressed the importance of this program in qualifying the UAE’s youth and empowering them in the various financial and economic fields, through vocational training and self-development, and exposure to the best international practices in the various banking sectors, which is in line with the state’s directions in preparing a generation of distinguished Emirati competencies in various vital sectors, especially economic and financial, to contribute positively and effectively to the comprehensive development process. To the state.

World Bank Group Vice President for Human Development, Rade Angelova, said: “Cooperation with the UAE reflects our shared commitment to investing in the next generation of development professionals, in line with our jobs agenda; The UAE has succeeded in building a vibrant and highly efficient workforce, and we look forward to supporting its youth to move confidently into the global arena, as the program opens new horizons, allows passionate Emirati youth to contribute innovative and renewed ideas, gain practical experience at the heart of global development work, and promotes the creation of real and impactful career paths.”

Hamad Sayyah Al Mazrouei, Undersecretary of the Department of Economic Development – Abu Dhabi and Chairman of the Board of Directors of Abu Dhabi International Academy, said: “This program embodies our commitment to empowering Emirati talent to participate effectively in the global development scene, and to provide future leaders with the skills, experience, and global vision necessary to excel in a renewed international environment.”

He added: “By strategic investment in the Emirati youth generation, we enable it to participate directly in global development frameworks, exchange experiences, make a tangible impact, and honorably represent the UAE on the international arena.”

He continued: “This program is consistent with the objectives of the Department of Economic Development – Abu Dhabi to build the economy of the future by ensuring the qualification of national talents and cadres specialized in financing development. This is a vital program to accelerate efforts and initiatives for economic growth and diversification by focusing on advanced industries and enhancing cooperation between the government and private sectors.”

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