NeLC signs Memorandum of Understanding with The Financial Academy

2022-01-03

 

The National eLearning Center has signed a memorandum of understanding with the Financial Academy, one of the initiatives of the Financial Sector Development Program for the Kingdom’s Vision 2030 that supports the financial sector institutions. This agreement aims to formulate a distinct strategy for eLearning to enhance opportunities for professional development provide high-quality eLearning and training outcomes to meet the needs of the labor market and positively impact the national economy.

The memorandum of understanding was signed in the presence of the Director General of the Center, Dr. Abdullah bin Muhammad Al-Walidi, and the Director General of the Financial Academy, Mr. Mana bin Muhammad Al Khamsan. The memorandum of understanding aims to create integration by employing education and communication technologies to implement the agreed projects per the approved eLearning standards, and in line with the mandate of both parties, as the memorandum will allow the exchange of learning and training content by linking the electronic platform of the Financial Academy with the National eLearning Platform. Additionally, promoting reliable learning content and raising community awareness, cooperating in studies and research, and sharing data that serve The National eLearning indicator and launching joint initiatives that qualify human resources in the financial sector through eLearning and training.

Dr. Abdullah bin Muhammad Al-Walidi said: “The National eLearning Center seeks to enhance ways of cooperation with various institutions in the scientific, educational, training, and professional development fields, to build competitive citizens with capabilities and skills related to the labor market needs through high-quality eLearning, and in cooperation with our local and international partners to empower the citizens by providing lifelong learning opportunities in line with the Human Capability Development Program emanating from the Kingdom’s Vision 2030. Through our partnership with the Financial Academy, we will be able to create valuable initiatives based on the latest technologies and practices in the field of eLearning and training".

Mr. Mana bin Muhammad Al Khamsan confirmed that the memorandum of understanding came in line with the Kingdom’s Vision 2030, which stresses the importance of government agencies working in an integrated manner in providing the best services to empower human capital. Al Khamsan stated that this agreement comes within the Academy’s strategic direction that aims to enhance partnership by providing internationally recognized learning and development solutions that are compatible with the local environment. Additionally, enhancing professional excellence and providing innovative and effective solutions and technologies for the development of workers in the financial sector, in line with the Kingdom’s vision 2030 and the initiative of the Financial Sector Development Program.

It is noteworthy that the Center has signed six previous memoranda of understanding with: the Ministry of Tourism, the Saudi Electronic University, the National Institute for Professional Educational Development, the Red Sea Company, the Ministry of Defense, and "Wafi". The center aims to enhance cooperation between the concerned institutions and support coordination and integration through exchanging best practices and information that advance the eLearning and training sectors in the Kingdom.

The National eLearning Center is keen to build strategic partnerships with various partners to provide reliable eLearning of high quality, consistent with the best standards, to build a competitive citizen with capabilities and skills related to labor market needs to achieve national goals.