April 3, 2018

Qatar Foundation and QFCA Sign MoU

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Omran Al-Kuwari, Acting CEO, Executive Director-CEO Office, Qatar Foundation (QF), and Yousuf Mohamed Al-Jaida, CEO, Qatar Financial Center Authority (QFCA), today signed a Memorandum of Understanding (MoU) that will help provide unique learning opportunities designed to empower young people in Qatar.
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The agreement aims to offer a holistic framework in line with developing lifelong learning opportunities for Qatar’s youth – part of QF’s overarching ethos – through the forging of ties between local entities. 

As part of the collaboration, a series of competitions, workshops, and events pertaining to business and entrepreneurship activities will be offered to students at universities in Education City, alongside a number of volunteer opportunities. In addition, QFCA will provide a range of internships, and students will be encouraged to launch businesses through the entity.

Commenting on the MoU, Her Excellency Sheikha Hind bint Hamad Al Thani, Vice Chairperson and CEO of Qatar Foundation, said: “At Qatar Foundation, we strive to equip young people with the knowledge, confidence, and skills they need to excel, personally and academically. We are therefore delighted to partner with Qatar Financial Center Authority to provide additional learning opportunities to our students at Education City. Such valuable cross-sectoral collaborations will help to create a highly competent and diverse workforce that can serve the needs of our country and beyond.”
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Commenting on the signing of the MoU, Mr. Al-Jaida said: “It is with a great sense of pride and honor that I announce a closer and stronger relationship between Qatar Foundation and the Qatar Financial Center Authority. Qatar Foundation’s belief and efforts towards making productive change in the region and establishing Qatar as a role model for the broader international community have been an inspiration to us all, and this MoU between two prominent Qatari entities reflects our commitment in investing in Qatar and its youth.”

He continued: “A vital part of our strategy is to develop a world-class international financial services industry and business sector in Qatar. This is consistent with the Human Development Pillar of Qatar National Vision 2030, and reflects our continuing commitment to contributing to the well-being of the local community. This collaboration will inevitably lead to a number of concrete initiatives, additional research, job opportunities, and improved skills to the benefit of all those concerned.”