The Emirates Securities and Commodities Authority (SCA) said it has signed a MoU with Dubai-based Hamdan bin Mohammed e-University to boost cooperation in the area of professional advice and institutional development.

Abdullah Al-Turifi, SCA chief executive officer and Dr Ibrahim Mahmoud bin Abdul Rahman, CEO of the university, signed the agreement in the presence of a number of officials.

Al-Turifi lauded Hamdan bin Mohammed e-University's role as a national institution in making very significant contributions in the area of e-Education, in addition to its contributions in other areas of institutional excellence and creativity.

"SCA's deep interest in signing the agreement was based on its focus on the building of institutional capacity, achieving institutional development, training and sustainable education for its cadres," he added.

He pointed out that the SCA was striving to inject institutional excellence standards into its culture and environment, and was seeking to build strategic partnership that would boost its competitiveness capacity.

Dr Rahman said the signing of the MoU follows similar achievements with a number of government and private institutions to impart our technical and technological expertise to various business sectors according to their objectives, to enable them play very effective roles in the society."

"To achieve these objectives, there is the need to expand the avenues of cooperation and joint national actions, most importantly, by developing the national human resources, through the provision of professional advice, text books and training programs, in implementation of the directives of the country's leadership and their vision of disseminating the culture of quality assurance, excellence and best practices," he added.-TradeArabia News Service