Posted on May 27, 2014

Qatar Finance and Business Academy (QFBA), which operates under the auspices of the Qatar Financial Center (QFC ), announced the signing of an MoU with malomatia, the leading provider of technology services and solutions in the government, healthcare, and education sectors in Qatar. The agreement was announced during the QITCOM conference and exhibition being held in Doha from 26-28 May 2014. The MoU was endorsed by QFBA CEO Dr. Abdulaziz Al Horr and malomatia CEO Mr. Yousef Al Naama. 

On the occasion, QFBA CEO Dr. Abdulaziz Al Horr said: "This MoU is the beginning of what we expect will be a strong and fruitful partnership with malomatia, opening the doors for both organizations to share their expertise and work together on future plans. We are eager to start promoting the common training and education goals of our two national entities. The next step in this partnership is to define the core areas of our shared e-learning capabilities to deliver added value to clients seeking to build their human resources capabilities and skills in specialized areas of the finance and business sector."   

"Malomatia and the QFBA are leading organizations in their areas of specialization and they have many common goals and aspirations that come together to help fulfill Qatar National Vision 2030. We started the dialogue with malomatia to develop e-learning courses which are very important to the Academy. Given malomatia's strong capabilities and skills in this crucial sector which are necessary to meet our objectives, it was an organic relationship that we hope will develop from a memorandum of understanding into a strategic partnership that will be beneficial to both brands and to our stakeholders."

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malomatia CEO Mr. Yousef Al Naama said: "The QFBA and malomatia share many synergies. malomatia was created to create sustainability in the local IT sector and also to support QatarVision 2030 by working towards a greater knowledge-based economy. We cannot talk about a knowledge economy without considering the role of information technology. Doing business today and interacting with stakeholders cannot be possible without embracing technology and innovation. We strongly believe that our infrastructure and e-Learning platforms, supported by our international e-Learning partnerships and a keen understanding of the content requirements of the local market will add value to the QFBA's already extensive credentials as the leading education and training provider in Qatar specializing in financial and business streams."

The QFBA offers a year-round calendar courses, available in areas such as banking, insurance, finance, Islamic finance, capital markets and asset management, compliance and anti-money laundering, business & management, as well as training for soft skills and foundation skills. In addition, QFBA’s experienced training staff are already working with many large organizations, including brands in both the B2B and B2C arenas in Qatar that have active financial training mandates for their staff.

e-learning is a primary malomatia offering and the company specializes in corporate training solutions for the banking, oil and gas and healthcare sector, in partnership with accredited international content and training leaders. malomatia is currently in the process of building its e-learning portfolio further to deliver even greater value to its clients, which include leading government and public sector entities in Qatar.