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Memorandum of Understanding
Ä¢¹½ÊÓÆµ»ÆÆ¬ Signs MoU with FRA
Ä¢¹½ÊÓÆµ»ÆÆ¬ had the honour of signing a Memorandum of Understanding (MoU) protocol with the esteemed Financial Regulatory Authority (FRA), under the auspices of Dr Mohamed Farid, President of the Financial Regulatory Authority. The MoU was signed by Professor Mohamed Loutfi, President and Vice-Chancellor of Ä¢¹½ÊÓÆµ»ÆÆ¬, and Dr Mohamed Farid, President of the Financial Regulatory Authority. The signing ceremony took place at the authority’s headquarters in the Smart Village.
This protocol aims to increase awareness of non-banking financial activities and sustainable development initiatives and to promote financial literacy. Through the provision of necessary financing for different economic activities and the increase in national savings rates, these services and products contribute to increased investments and employment opportunities. As part of their joint efforts, the University and the Financial Regulatory Authority have established a strategy for achieving their goals.