DGCX Signs MOU with Ajman University to Develop Future Talent
· Strategic agreement will also see the DGCX and Ajman University share best practices, insights, as well as host joint events
The Dubai Gold and Commodities Exchange (DGCX) has partnered with Ajman University to embark on a strategic collaboration that will enable the exchange of expertise as well as foster the development of professionals across the financial sector.
As part of the MoU, both organizations will exchange knowledge, host joint events such as conferences and lectures, and provide one another with access to academic and professional platforms in mutual areas of interest.
As part of the agreement, the DGCX will also train two students from Ajman University during each semester as well as summer period. The training will provide students with hands-on work experience, enhancing their knowledge around the financial sector and providing them with in-depth insight into how the exchange operates, as well as its role in enhancing the capital markets.
Les Male, CEO of DGCX, said: “We are delighted to enter this strategic partnership, which marks another step in our outreach to educational institutions. The agreement further reiterates our commitment to building greater awareness around the commodities and futures market as well as sharing insights and best practices with Ajman University’s students. We strongly believe that today’s youth represent tomorrow’s leaders - and are pleased to provide the next generation with on-hands exposure to the industry, to help them to play an active role in the future of the financial markets.”
Dr. Karim Seghir, Chancellor of Ajman University, said: “This partnership with DGCX will strengthen our ties with the industry and will reinforce knowledge and hands-on expertise of AU’s students. I am confident that both institutions will benefit from the shared body of knowledge and expertise, which will contribute towards developing highly trained talents for the industry.”
The Dubai Gold & Commodities Exchange (DGCX) is the region’s leading derivatives exchange and has played a pioneering role in developing the regional market for derivatives trading, clearing and settlement.
The DGCX owns and operates the region’s largest and only multi-asset Clearing House – Dubai Commodities Clearing Corporation (DCCC). DGCX & DCCC are regulated by the Securities & Commodities Authority (SCA). It is recognised as a licensed Central Clearing-Counterparty (CCP) by SCA and a Third-Country CCP by European Securities Markets Authority (ESMA).
The DGCX’s strategic geographic location in Dubai between the Far East, Europe and Africa serves as a unique, global window for traders and investors. With over 100 members across the world, the DGCX drives liquidity in the market by offering a broad range of futures and options contracts covering base and precious metals – including the world’s only Shari’ah Compliant Spot Gold Contract – hydrocarbons, equities and currencies.
For further information please contact:
Weber Shandwick PR
Tel: +971 50 255 3402