The UAE Ministry of Education, ADNOC, and Bloomberg announced the winner of the ADNOC-Bloomberg UAE Trading Challenge 2023. The competition is in its third year as part of the ADNOC-Bloomberg for Education Initiative. The program aims to help students improve their financial data analytics skills and understand the market through the eyes of people who use the Bloomberg Terminal every day, such as portfolio managers, investment analysts, and traders, including those at ADNOC.
More than 300 students from eight UAE colleges competed in the challenge in 2023, with five teams advancing to the final. The five nominated teams, representing Herriot-Watt University, New York University Abu Dhabi, Higher Colleges of Technology, and two teams from UAE University, were invited to a special award ceremony at the Abu Dhabi Energy Center. This year, teams focused on clean energy translation and the UAE's role as host of COP28, the UN climate meeting, which will be held on the grounds of Expo 2020 from November 30-December 15. In recent months, the five finalists got intensive coaching from Bloomberg's team of specialists, developed and produced a presentation for the final, and gave it to a live audience of professionals. within the energy industry. The winners will receive internships at ADNOC Global Trading, where they will get the opportunity to hone their skills as financial professionals in the real world.
H.E. Dr. Amna Al Dahak Al Shamsi, assistant undersecretary of the Ministry of Education's care and capacity building department, complimented the Ministry of Education, ADNOC, and Bloomberg for their participation. H.E. emphasized the importance of public-private strategic partnerships in honing young people's abilities and preparing them to play a vital role in developing a knowledge-based economy in line with the national development goal. "The Ministry of Education remains committed to supporting all national initiatives focused on educating youth and fostering practical experiences," stated H.E. Dr. Amna. This pledge reinforces our current efforts to provide kids with educational and intellectual opportunities, so increasing the nation's competitiveness in all industries and regions.
