ADGM Academy and Ethara Sign an MoU to Develop Next-gen Emirati Talent

Abu Dhabi, UAE, 13 June 2024: Abu Dhabi Global Market Academy (ADGMA), the knowledge arm of the international financial centre of Abu Dhabi, announced the signing Memorandum of Understandings (MoUs) with Ethara, the region’s leading live event management company and venue operator.
The strategic collaboration between the two parties will explore training and developing the next generation of Emirati talent within different job roles and upskilling existing competencies to meet the changing market demands.
Working together, ADGMA and Ethara will aim to establish an educational hub that will develop training programmes to meet the skill requirements for maintaining a highly effective workforce, as well as launch National Development Programmes that support the onboarding, development, and retention of Emirati talent within different job roles. Both entities will also collaborate with the National Development Program and Financial Job Centre to advance existing and upcoming Emirati talent with professional employability skills. To promote continuous learning within the organisation, the MoU will look to launch new courses for developing specific identified skill sets and competencies that are needed to augment these talents forward in their career growth journey.
Mansoor Jaffar, CEO ADGM Academy & Research Centre at ADGMA said: “At ADGM Academy, we are committed to fostering the growth and development of Emirati talent to meet the changing demands of the market. This partnership with Ethara is a reflection of the significant steps we are taking towards creating a dynamic educational hub that will not only upskill our workforce but also ensure that our national talent is equipped with the competencies needed to thrive in an ever-evolving professional environment. Together, we will build a strong foundation for continuous learning and professional development, driving innovation and excellence across industries.”
Ahmed Lari, Chief Corporate Services Officer at Ethara commented :“We are delighted to announce our collaboration with ADGM Academy, through which we aim to empower the next generation of industry leaders in the region. With a wealth of world-class, international expertise within our organisation, and through our operations in Abu Dhabi and Dubai, we are dedicated to playing our part in nurturing Emirati talent in the industry. We look forward to working closely with ADGMA to improve skills and competencies that will drive innovation and excellence in the UAE’s events and entertainment sector.
A joint working group will be established with representatives from both ADGMA and Ethara to supervise the implementation of the provisions highlighted in the MoU while also overlooking decision-making in the identified fields of mutual cooperation.
Background Information
Abu Dhabi Global Market
Abu Dhabi Global Market is a broad-based international financial centre for local, regional and international institutions, established in accordance with the Federal Law No (8) of 2004, Federal Decree No (15) of 2013, Cabinet Resolution No (4) of 2013, and Abu Dhabi Law No (4) of 2013.
ADGM’s three independent authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts – ensure that our business-friendly environment operates in line with international best practice that are recognised by major financial centres across the world.
In collaboration with other International Financial Centres, global institutions and regulators, Abu Dhabi Global Market develops and supports member institutions with the regulatory framework, legal jurisdiction and attractive business environment they need for sustainable business growth.