The Memorandum of Understanding was signed by Assistant Undersecretary of Labour Affairs Mohammed Hassan Al Obaidly, and the Chief Executive Officer of the Qatar Financial Centre Authority Yousef Mohammed Al Jaida.
The signing of the MoU facilitates work affair services, meeting the requirements of the Qatar Financial Centre Authority.
In addition, the MoU demonstrates that the Ministry of Labour will provide national workforce data of male and female candidates to be employed at companies licensed by the QFC Authority.
The QFC Authority will also prepare Qatari cadres by providing appropriate training to develop their skills and integrate them into licensed companies under its platform in the labour market.
Assistant Undersecretary of Labour Affairs Mohammed Hassan Al Obaidly said "The signing of the memorandum of understanding aims to implement one of the most important priorities of the Ministry of Labour in the next phase, as the ministry attaches utmost importance to the employment and training of its national competencies so that they are ready and qualified to work in private sector institutions.
He added: "The memorandum of understanding will also provide employment and training opportunities for talented Qataris, in coordination with the Qatar Financial Centre Authority, especially recent university graduates."
For his part, CEO of the QFC Authority Yousef Mohammed Al Jaida, said: "Both of our institutions, the Qatar Financial Centre and the Ministry of Labour, have been established by the State of Qatar to play key roles in the continuous economic and social development of our country. Our goals align in multiple ways as we aim to realise the human and economic development objectives of the Qatar National Vision (QNV) 2030."
Al Jaida added: "The signing of this agreement comes at the right time as the State of Qatar is well on track to realise the overarching objectives of the QNV 2030 through the countrys robust economic diversification programme that directs the countrys efforts to create a sustainable economy with long-term positive returns and stability. Through this agreement, we plan to enable and maintain a continuous collaboration in the years to come, enabling to further magnify our roles in the development of our country by providing training and work opportunities for the people of Qatar, especially professionals seeking to contribute to the nations progress."