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Human Resources Development Fund to fully cover ICAEW CFAB certification for Saudi nationals
Human Resources Development Fund to fully cover ICAEW CFAB certification for Saudi nationals

Zawya

time07-04-2025

  • Business
  • Zawya

Human Resources Development Fund to fully cover ICAEW CFAB certification for Saudi nationals

Riyadh, Saudi Arabia: Saudi nationals pursuing careers in finance and business will now have full financial support to obtain an internationally recognised qualification, following the approval of complete funding for the ICAEW Certificate in Finance, Accounting, and Business (CFAB) by the Human Resources Development Fund (HRDF). Under the initiative, eligible Saudi citizens can receive up to SAR 23,810 per individual, covering the full tuition fees at any ICAEW authorised learning centre. The funding applies to professionals across both public and private sectors, as well as job seekers, with no cap on the number of beneficiaries. Hanadi Khalife, Head of ICAEW Middle East said: 'This landmark approval from HRDF marks a major step in expanding access to globally recognised financial expertise for Saudi professionals. By making the ICAEW CFAB qualification more accessible, this initiative equips Saudi nationals with the essential financial skills and knowledge needed to contribute to the Kingdom's economic diversification and Vision 2030 goals. Removing financial barriers to education enables more aspiring professionals to build successful careers in finance and business, strengthening the Kingdom's talent pipeline.' The ICAEW CFAB is an internationally recognised certificate that covers core areas of business, finance, and accounting. It is highly valued by organisations worldwide and gives professionals a solid understanding of how businesses operate financially. The qualification helps individuals develop skills to monitor business risks, evaluate performance, and make informed business decisions. The qualification also serves as a stepping stone towards the full ICAEW ACA qualification, one of the most prestigious professional accounting designations globally. Upon completion of ICAEW CFAB, students can also apply for the ICAEW Business and Finance Professional (BFP) designation, further strengthening their professional credentials. Saudi nationals interested in the programme can find more information about eligibility requirements and the application process on the HRDF website under Professional Certificates. For more information about ICAEW CFAB, please visit -Ends- Media enquiries: Layth Kamal, Mojo PR, on email icaew@ About ICAEW Chartered accountants are talented, ethical and committed professionals. ICAEW represents more than 208,000 members and students around the world. Founded in 1880, ICAEW has a long history of serving the public interest and we continue to work with governments, regulators and business leaders globally. And, as a world-leading improvement regulator, we supervise and monitor over 12,000 firms, holding them, and all ICAEW members and students, to the highest standards of professional competency and conduct. We promote inclusivity, diversity and fairness and we give talented professionals the skills and values they need to build resilient businesses, economies and societies, while ensuring our planet's resources are managed sustainably. ICAEW is the first major professional body to be carbon neutral, demonstrating our commitment to tackle climate change and supporting UN Sustainable Development Goal 13. ICAEW is a founding member of Chartered Accountants Worldwide (CAW), a global family that connects over 1.8m chartered accountants and students in more than 190 countries. Together, we support, develop and promote the role of chartered accountants as trusted business leaders, difference makers and advisers. We believe that chartered accountancy can be a force for positive change. By sharing our insight, expertise and understanding we can help to create sustainable economies and a better future for all.

Ecolab announces price adjustment for products in Egypt
Ecolab announces price adjustment for products in Egypt

Zawya

time03-03-2025

  • Business
  • Zawya

Ecolab announces price adjustment for products in Egypt

Cairo, Egypt: Ecolab, the global leader in water, hygiene and infection prevention solutions and services, has announced that it is implementing price adjustments for its products in Egypt, effective immediately or as contracts permit. The need for these price adjustments is driven by the continued and significant escalation of raw material and energy costs, tightening availability of key materials, global inflationary pressures, and the rising cost to serve in local labor markets. Pricing for most Ecolab programs in Egypt will increase between 10% and 25%, with specific adjustments varying by product line and industry, reflecting local cost dynamics. These adjustments are necessary to ensure Ecolab can continue providing the industry's most innovative science-based solutions, data-driven insights, and world-class service to help customers drive business growth and sustainable outcomes through operational efficiencies. Nate Lubbs, VP and Country Lead MENA of Ecolab commented: 'Our focus for customers remains unchanged—helping them achieve the best operational performance while optimizing efficiency and total cost. Through our industry-leading expertise, innovative solutions, and the dedication of our associates, we continue to drive improvements in water and energy conservation, safety, and productivity. However, to sustain our ability to deliver this level of service and innovation, these price adjustments have become necessary. They will enable us to continue providing the highest quality solutions that help our customers reduce costs, enhance operational efficiency, and meet their sustainability goals.' Ecolab sales representatives will contact customers directly to discuss specific impacts and implementation details of these adjustments. Media enquiries: Layth Kamal, Mojo PR Email layth@ About Ecolab A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Building on a century of innovation, Ecolab has annual sales of $15 billion, employs nearly 50,000 associates and operates in more than 170 countries around the world. The company delivers comprehensive science-based solutions, data-driven insights and world-class service to advance food safety, maintain clean and safe environments, and optimize water and energy use. Ecolab's innovative solutions improve operational efficiencies and sustainability for customers in the food, healthcare, life sciences, hospitality and industrial markets.

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