Posted on May 26, 2017

Qatar Stock Exchange (QSE) and Stenden University in Qatar (SUQ) signed a Memorandum of Understanding (MoU) to promote collaboration between the two sides. 

The MoU was signed by Qatar Stock Exchange’s CEO, Rashid bin Ali Al-Mansoori (pictured, and Dr Ivan Ninov, Executive Dean of SUQ. The two parties have pledged to work together to collaborate in the fields of education, training, capacity building and community development. 

The MoU recognizes the value of educational cooperation and practical training for the purposes of knowledge sharing and exploring placement opportunities during the summer season for SUQ students within the 4th and final year of their studies. The MoU also aims to explore volunteership opportunities to have SUQ students participate and volunteer in events and activities hosted by QSE. According to the MoU, the parties will engage in developing training programs/workshops to be provided by QSE to SUQ Students pertaining to the Qatar stock market during the 1st and 2nd year of their studies.

Al-Mansoori welcomed the signing of the agreement as a basis for close cooperation with SUQ and said: “This agreement comes within our social responsibility role and the mission and vision to support QNV 2030, with a particular focus on the human development pillar and the commitment of QSE to continue what this vision is built upon starting from Qatar principles of openness to modernity, adopting new technologies to serve the goals of development and economic progress, and emphasizing the role of Qatar Stock Exchange in serving the local community”. 

This cooperation is a continuation and culmination of education and awareness efforts undertaken by QE in the local community. Qatar Stock Exchange has an important role and active initiatives aimed at contributing to society service through specialized training and rehabilitation.  Thousands of people, especially youth and students, have benefited from QSE programs aimed at capacity-building and investment awareness through specialized field training in the securities market, Mr. Al Mansoori pointed out.

Dr. Ninov said that Stenden University is very pleased to partner with Qatar Stock Exchange and establish a new step of cooperation with one of the country's leading national institutions and said that due to QSE's vital role in Qatar's economy, Stenden University is keen to boost collaboration with QSE in the fields of education, training and placements in order to enable students gain practical experience for future success. This is the fifth MoU signed by Qatar Stock Exchange with a national educational institution, as they signed similar memorandums of understanding with Qatar Finance and Business Academy (QFBA), Faculty of Islamic Studies at Hamad bin Khalifa University, Qatar University, and Carnegie Mellon University in Qatar.