Doha, Qatar: University of Doha for Science and Technology (UDST) and Edaa, Qatar’s Central Securities Depository, announced a strategic Memorandum of Understanding (MoU) to bolster cooperation between the two institutions.  The MoU was signed by Dr. Salem Al-Naemi, President of UDST and Sheikh Saif Abdulla Al-Thani, CEO of Edaa.

As the country’s leading university specialized in applied academic, technical, and vocational education, UDST is positioned to play a pivotal role in training the next generation of financial experts. Edaa, a service company licensed by the Qatar Financial Markets Authority, is a true standard-setter in the realm of safekeeping, clearing, settlement of securities, derivatives, and several other financial instruments. The MoU serves to bridge the gap between education and workplace, offering unique opportunities to UDST students, whilst enriching the services offered by Edaa.

Dr. Salem Al-Naemi, President of UDST, said: “This partnership could not have come at a better time. The connection between educational institutions and businesses is increasingly crucial as the workforce environments young people must enter are becoming more competitive. We strive to offer our students unparalleled experiences to provide them an edge in the labor market, and our MoU with Edaa is both an exciting step forward and a concrete example of this philosophy.”

The MoU serves as a cooperative framework, establishing a roadmap for mutual growth and shared learning in several areas, including the facilitation of student internships and work placements at Edaa, enabling UDST students access to real-world exposure.

Sheikh Saif Abdulla Al-Thani, CEO of Edaa, said, “Our collaboration with UDST demonstrates our commitment to nurturing local talent, as well as injecting the financial sector with a fresh perspective. Through this partnership, we envision a brighter future for both the academic and financial communities in Qatar.”

Other activities under the agreement include shared research initiatives to fuse theoretical knowledge with practical applications, training and professional development for the wider UDST community, collaborative projects focused on innovation, and data and knowledge sharing strategies to promote a culture of collective growth.

Both UDST and Edaa are optimistic that the collaboration will serve as a cornerstone for future partnerships, setting a benchmark for the financial sector’s collaboration with academia in Qatar and the region at large.​​​​​

About University of Doha for Science and Technology:

University of Doha for Science and Technology (UDST) was officially established by the Emiri Decision No13 of 2022, and it is the first national university that specializes in academic applied, technical, and professional education in the State of Qatar.  UDST has over 60 Bachelor’s and Master’s degree programs, diplomas, and certificates. The University houses 5 Colleges: The College of Business, the College of Computing and Information Technology, the College of Engineering and Technology, the College of Health Sciences and the College of General Education in addition to specialized training centers for individuals and companies. UDST is recognized for its student-centered learning and state-of-the-art facilities. Its world-renowned faculty and researchers work on developing the students’ skills and help raise well-equipped graduates who are proudly serving different sectors of the economy and contributing to the achievement of human, social and economic development goals nationally and internationally.

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