EHRDC Partners with Emirates Institute of Finance to Advance Emiratisation in Financial Sector

Business

EHRDC Partners with Emirates Institute of Finance to Advance Emiratisation in Financial Sector

Emirates Human Resources Development Council (EHRDC) has signed a Memorandum of Understanding (MoU) with the Emirates Institute of Finance (EIF) to strengthen efforts aimed at training, qualifying, and employing Emirati talent in the financial and banking sectors.

The agreement aligns with national priorities to drive qualitative Emiratisation by equipping local talent with the professional and technical skills required to keep pace with rapid transformations in the financial industry.

The partnership reflects EHRDC’s broader strategy to enhance collaboration between government bodies and specialised institutions, creating a comprehensive framework to empower Emiratis and support the growth and competitiveness of Dubai’s financial sector on both regional and global levels.

Under the MoU, both entities will jointly design and implement tailored training programmes aligned with the evolving needs of financial and banking institutions. The initiative aims to provide Emiratis with practical expertise and applied knowledge, preparing them for specialised roles while offering pathways for long-term career development. It will also support improved job stability and retention among national talent, in line with key initiatives such as the ‘Tomouh Dubai’ programme.

Abdulla Ali bin Zayed Al Falasi, Deputy Chairman of EHRDC and Director General of the Dubai Government Human Resources Department (DGHR), said the agreement underscores the Council’s commitment to building strategic partnerships that enable Emiratis to integrate effectively into key economic sectors, particularly finance and banking.

He added that the initiative supports the goals of the Dubai Economic Agenda D33, which aims to build a sustainable, knowledge-based economy by increasing the participation of national talent across vital industries.

Marwan AlMheiri, General Manager of EIF, highlighted that the collaboration will focus on delivering advanced, hands-on training aligned with emerging fields such as wealth management and financial technology. He noted that investing in national human capital remains critical to enhancing the competitiveness of Dubai’s financial sector and reinforcing its position as a global financial hub.

The MoU comes at a time of rapid digital transformation within the financial industry, where innovation-driven business models are reshaping workforce demands. By aligning training outcomes with market needs, the partnership aims to prepare Emiratis for high-value roles while supporting financial institutions in attracting skilled national talent.