The Qatar Exchange (QE) has entered into a cooperation pact with the Qatar Finance and Business Academy to enhance the bourse’s staff competency levels.

Through this partnership, the QE aims at developing staff competency levels by means of providing first class training and educational services in business, finance and banking to keep up with the fast developments in the financial and business markets.

The memorandum of understanding signed by QE chief executive Rashid bin Ali al-Mansoori and QFBA chief executive Abdul Aziz al-Horr, provides for a productive and constructive collaboration between both parties in furtherance of QE’s objectives in addition to extensive efforts to execute the mutual training agreements to the fullest extent.

The QFBA’s roles will involve the assessment of staff skills and training shortages, identification of standard and bespoke courses that the staff should attend in addition to the provision of comprehensive proposals to cover all the technical needs of staff and delivery of courses as and when required by QE. Moreover, the QFBA will provide all the necessary facilities including lecture rooms, audio-visual equipment and other material to facilitate the delivery of the courses.

Al-Mansoori hoped that the maximum benefit will be achieved through partnership in terms of boosting staff skills and keeping them abreast of the latest developments in the finance and business fields.

“This partnership will act as an example of positive alignment between the leading financial institutions in Qatar and QFBA to achieve Qatar’s National vision of a diversified knowledge based economy,” al-Horr said.