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By Asia Education Review Team , Friday, 08 September 2023

Qatar's QFBA has reached an agreement with The London Institute of Banking and Finance Mena

  • The Qatar Finance and Business Academy (QFBA) and The London Institute of Banking and Finance (LIBF) Mena have signed a memorandum of understanding (MoU). The Agreement aims to promote and deepen collaborative efforts, as well as to allow for the exchange of information and skills between the two parties in the areas of education, training, and professional development in the financial and banking services industry. Majid al-Khulaifi, director of Training and Development at QFBA, and Kareem Refaay, managing director of LIBF Mena, signed the Memorandum of Understanding. Al-Khulaifi emphasized the agreement's connection with the academy's strategic goals of enhancing collaboration and establishing relationships with prestigious organizations and institutions at the local, regional, and worldwide levels.

    This initiative seeks to improve the skills and competence of Qatari professionals working in the financial and banking services sectors. It aims to accomplish this by providing specialized training programs and high-quality professional certificates tailored to the needs of this business. "The relationship between the two entities will be strengthened by using LIBF Mena's experience, skills, and resources in training and professional progress." "Through properly utilizing these assets, the Academy hopes to align with its objectives and vision, while also strengthening the professional capabilities of its students".

    "Our shared objectives include marketing chosen LIBF Mena programs, designing tailored products for Qatar's financial industry, delivering community-centric national programs, and exchanging experience," Refaay explained. Our collaboration demonstrates our dedication to progress. Under the MoU, both parties agreed to strengthen cooperation to provide vocational education programs, as well as national and customized programs that would meet the needs of the community and institutions involved with financial services in Qatar, and to exchange experiences and information between the two parties when appropriate. This is in addition to identifying and investigating any other areas of mutual interest where collaboration may be extended and developed for the benefit of both parties.