Latest news with #SultanbinSaifAlNeyadi
Mid East Info
09-07-2025
- Business
- Mid East Info
Federal Youth Authority launches ‘Youth Financial Advisors Program' to train young people and enhance their financial literacy
The Federal Youth Authority FYA, in collaboration with the Central Bank of the UAE and the Securities and Commodities Authority (SCA), announced the launch of the 'Youth Financial Advisors Program', designed to equip Emirati youth to be expert financial advisors with deep knowledge in financial literacy. The program empowers participants to deliver effective and inspiring financial education by improving the quality of financial decision-making among the youth, encouraging them to save and invest, and educating them to benefit from investment opportunities in the UAE market. Launched under the 'Economy' pillar of the National Youth Agenda 2031, and as part of the Emirates Youth Professional School initiative, the program aims to promote financial awareness and knowledge among young Emiratis, support their path toward financial independence, and encourage them to engage in research and adopt local and international best practices in financial advisory. It also seeks to prepare a generation of Youth financial advisors who can serve as role models in the field of personal finance, while creating promising career paths tailored to the youth that fulfil their aspirations in the labour market. A fundamental necessity: Commenting on the launch, His Excellency Dr. Sultan bin Saif Al Neyadi, UAE Minister of State for Youth Affairs, said: 'The UAE's wise leadership has long prioritised empowering Emirati youth and arming them with the necessary values and mindset to be active members of the community – a commitment that stems from the leadership's firm belief that the youth are the backbone of sustainable economic growth. And with that in mind, enhancing young people's know-how and skillset across various sectors becomes an imperative necessity for moulding a generation of future leaders, capable of playing effective and meaningful roles in the efforts to turn the nation's aspirations into reality.' 'Promoting financial literacy among young people is a primary element of our national strategy,' H.E. Al Neyadi added. 'Enhancing the knowledge and capabilities of the participants in the 'Youth Financial Advisors Program' is a fundamental step to ensure their ability to manage their own finances, which lays the foundations for a stable and sustainable future. This forms part of the broader effort to empower national talent and enhance their awareness of the vital role they play in driving the community's progress and prosperity.' For his part, H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE, said: 'Guided by the UAE wise leadership's vision to empower the youth to be agents of change in the country's financial sector, the Central Bank of the UAE continues to intensify its efforts to drive financial inclusion and enhance financial awareness and literacy in the wider community.' 'Launching the 'Youth Financial Advisors Program' reflects our ongoing commitment to train young Emirati professionals specialising in various financial fields, enable them to actively engage in and contribute to the sector, and support the establishment of a knowledge- and innovation-based economy that ensures sustainable development for generations to come,' H.E. Balama asserted. 'The Central Bank's collaboration with the Federal Youth Authority and our strategic partners is a critical step forward in our effort to develop the youth's skills, knowledge, and professionalism, preparing them to take up leadership roles that will benefit the future of the financial sector and the UAE's sustainable development plans.' Meanwhile, H.E. Waleed Saeed Al Awadhi, CEO of the Securities and Commodities Authority, noted: 'We are delighted to be cooperating with the Federal Youth Authority on launching the 'Youth Financial Advisors Program', which demonstrates the Authority's vision for the future and its objectives to support Youth national talent, equipping them with advanced financial knowledge and skills.' 'Investing in Emirati youth is a direct investment in the future of our national economy; they are the engines of innovation and sustainable development in the financial sector,' H.E. Al Awadhi continued. 'Through this landmark program, we strive to empower a new generation of financial advisors, capable of adapting to global trends and offering smart financial solutions that promote economic efficiency, enable financial inclusion, and deliver sustainable development, in line with the leadership's vision for building a globally competitive knowledge-based economy.' Focus areas and outcomes: The program is built around seven core pillars: financial literacy fundamentals, monetary and financial economics, entrepreneurial finance, finance and investment, financial systems and regulations, content creation, and training skills. The Federal Youth Authority aims to achieve a set of key outcomes through this program, namely: Advancing financial knowledge; developing practical skills among Youth financial advisors; raising financial awareness among Emirati youth; enabling participants to design and deliver educational content that promotes a culture of sustainable financial literacy; and supporting participants' journey towards financial independence. The 'Youth Financial Advisors Program' also equips the youth with the knowledge required to pursue internationally recognised certifications in financial literacy. At the community level, the program promotes the concept of social contribution by having Youth financial advisors offer training to other youths on an hourly, volunteer basis, to share their financial knowledge. It also aims to develop a national network of qualified trainers and financial consultants who can conduct effective financial community awareness programs. Blending theoretical teaching with hands-on learning, the program is supported by an array of interactive activities spanning a combined 30+ hours of education over a period of four consecutive months. These include in-person workshops for dealing with real-world applications in finance, on-site visits to local and international financial institutions to explore real work environments, and a financial hackathon designed to inspire innovative thinking and novel financial solutions. Moreover, participants can benefit from professional and practical training through placements in local and international organisations, allowing them to acquire hands-on training. Reading and discussion sessions will also be organised, focusing on financial books and led by experts in their respective fields, in addition to mentorship sessions designed to guide participants' decisions regarding the main career paths in the field. Additional guidance sessions will be held with local and international experts to facilitate knowledge transfer and highlight best practices in finance consulting. Requirements and criteria: To participate in the program, applicants must meet a set of criteria, such as being a UAE national, aged between 25 and 32, with a university degree in a relevant field, including business administration, accounting, finance, investment, economics, law, or any other discipline related to the financial sector. Candidates must also have at least one year of practical experience in one of the abovementioned academic fields, or at least three years of experience in the financial services sector if they do not hold a degree in one of the specified areas. Additionally, they must demonstrate strong communication and leadership skills, clearly express their motivation for participating in the program and the goals they would like to achieve, and be proficient in both Arabic and English. These criteria ensure participants are well-positioned to benefit from the program and contribute meaningfully to spreading financial literacy across the wider community. Certification and opportunities: Upon successful completion of all program requirements, participants will receive a certificate of completion issued by the Federal Youth Authority, registered Financial Influencer from the Securities and Commodities Authority, and certified Financial Literacy Trainer from the Central Bank of the UAE. These qualifications enhance participants' chances of working as financial advisors and are awarded to those who meet all terms and conditions outlined by the program. They form part of a broader effort to create tangible, lasting impact on the youth, providing them with advanced professional skills that strengthen their presence in the financial and advisory job market.
Hi Dubai
03-06-2025
- Business
- Hi Dubai
Federal Youth Authority Partners with EGA to Expand Opportunities for UAE Youth
The Federal Youth Authority (FYA) has signed a strategic cooperation agreement with Emirates Global Aluminium (EGA) to accelerate development opportunities for young Emiratis, aligning with the National Youth Agenda 2031. The agreement was formalised at EGA's Al Taweelah headquarters in Abu Dhabi, in the presence of Sultan bin Saif Al Neyadi, Minister of State for Youth Affairs. It was signed by Khaled Mohammed Al Nuaimi, Director of the Federal Youth Authority, and Abdulnasser Bin Kalban, Chief Executive Officer of EGA. The partnership aims to create a dynamic ecosystem that supports youth empowerment and skill development across the UAE. Both entities will collaborate on initiatives that equip young nationals with the tools needed to drive the nation's future growth. Al Nuaimi underscored the significance of the agreement, stating that empowering youth is central to the national vision. 'Through this partnership, we aim to build a generation that excels in creativity and innovation, and is ready to contribute meaningfully to the UAE's progress,' he said. Bin Kalban echoed this sentiment, highlighting EGA's longstanding commitment to nurturing talent. 'Our collaboration with the Federal Youth Authority is an extension of our efforts to support the next generation of leaders and innovators,' he said. EGA, which established its Youth Council in 2018, employs over 700 individuals under the age of 35 and runs outreach programmes that have engaged more than 35,000 students. These include STEM-focused initiatives such as 'Engineer the Future' and the EGA Ambassador Programme. The agreement marks a significant step in uniting public and private sector efforts to empower young Emiratis and strengthen their role in shaping the nation's development. News Source: Emirates News Agency
Al Etihad
05-05-2025
- Sport
- Al Etihad
Minister of Sports honours winners of inaugural edition of UAE University Games
5 May 2025 18:30 ABU DHABI (WAM)The inaugural edition of the UAE University Games concluded on Sunday with a grand awards ceremony at Emirates Palace in Abu Dhabi, celebrating student-athletes and top-performing universities from across the by the Abu Dhabi Entertainment Company (ADEC) in collaboration with the Ministry of Sports and the UAE School and University Sports Federation, and supported by Solutions+ and MBME Group, the 2025 Games marked a major milestone in youth sports development and talent promotion in the closing ceremony was attended by an array of distinguished officials. Dr. Ahmad Belhoul Al Falasi, UAE Minister of Sports, presented awards to the winning teams and athletes, joined by Dr. Sultan bin Saif Al Neyadi, Minister of State for Youth Affairs; Ghanem Mubarak Al Hajiri, Undersecretary of the Ministry of Sports; and Sheikh Suhail Bin Butti Al Maktoum, Executive Director of the Sports Development Sector at the Ministry of Sports and Secretary-General of the UAE Sports Federation for School and University event also welcomed senior figures from sports and education, including Dr. Bakhit Al Kathiri, Chief Investment Officer at Mubadala; Obaid Salem Al Shamsi, Second Vice President of the UAE Football Association; and Abdullah Juma Al Darmaki, President of the UAE Volleyball American University in Dubai emerged as the standout performer of the competition, capturing three titles in men's and women's basketball as well as women's volleyball, earning the prestigious 'Overall Excellence Shield'. The University of Sharjah followed closely, winning the men's football and men's volleyball titles to secure second place overall. The University of Rochester rounded out the top at the ceremony, Dr. Ahmad Belhoul Al Falasi hailed the Games as a key step in realising the goals of the National Sports Strategy 2031. He noted that the participation of more than 1,800 students from 28 universities reflected the growing importance of university sports in shaping a healthy, active, and socially responsible underlined the tournament's contribution to building a sustainable sports culture that spans all levels of education, complementing efforts such as the UAE School Games to identify and nurture national athletic talent capable of competing at regional and global levels, including the Suhail bin Butti Al Maktoum described the University Games as a foundational pillar in creating a comprehensive and integrated university sports ecosystem. He praised the synergy between academic institutions and sports federations in delivering a successful inaugural Suhail highlighted the importance of aligning the university-level sports pathway with international best practices and partnerships in talent development and performance analysis. He emphasised that the tournament's outcomes reflected effective institutional collaboration and national integration, affirming the UAE's broader vision of empowering Emirati youth and supporting national teams with homegrown champions. The first edition of the University Games brought together 1,585 students from 28 universities, showcasing high levels of competition and enthusiasm. Organisers have expressed their intent to build on this momentum in future editions, solidifying university sports as a cornerstone of the UAE's sporting and youth development landscape.
Zawya
27-01-2025
- Business
- Zawya
H.E. Sultan Al Neyadi inaugurates 'Emirati District' at Dubai International
Dubai, United Arab Emirates: H.E. Dr. Sultan bin Saif Al Neyadi, Minister of State for Youth Affairs, today inaugurated the Emirati District at Dubai International (DXB). This dedicated hub is designed to empower young Emirati entrepreneurs and strengthen their contribution to the national economy, aligning with the goals of the National Youth Agenda 2031. The Emirati District, a collaborative effort between the Federal Youth Authority and the Fatima bint Mohammed bin Zayed Initiative, provides a platform for young entrepreneurs to showcase their products and services to a diverse international audience. It also offers access to resources, mentorship, and networking opportunities to accelerate business growth. The event was attended by Her Excellency Alia bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, His Excellency Khalid Al Nuaimi, Director of the Federal Youth Authority, His Excellency Jamal Al Hai, Deputy CEO of Dubai Airports, Omar Bin Adi, Chief Technology and Infrastructure Officer of Dubai Airports, Eugene Barry, Chief Commercial Officer of Dubai Airports, and a number of senior officials from both sides. H.E. Dr. Al Neyadi emphasised the UAE leadership's commitment to youth empowerment: "Our leadership's vision places youth at the forefront of our development journey. By investing in their potential and creating an enabling environment, we empower them to excel and contribute to the nation's progress. The Emirati District embodies this approach, providing a global stage for our youth to showcase their talents and contribute to realising the UAE's ambitious vision. This initiative aligns with the National Youth Agenda 2031, positioning Emirati youth as key drivers of national economic development. We are committed to supporting young entrepreneurs in establishing SMEs, developing their talents, and enhancing their global market access. The Emirati District provides a vital platform for them to achieve tangible success." Her Excellency Alia bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, said: 'The UAE's vision for the future of the national economy focuses on empowering young entrepreneurs across various sectors, by providing the tools needed for the success of their pioneering projects. This includes flexible legislation and policies that foster a competitive and attractive environment for entrepreneurship and innovation. These efforts aim to increase the presence of small and medium enterprises (SMEs) in UAE markets while reinforcing the UAE's position as a leading destination for entrepreneurship, both regionally and globally.' She added: 'The 'Emirati District' at DXB holds special significance as it coincides with the launch of the 'Emirati Youth Entrepreneurship Council'. This underscores the UAE's commitment to nurturing youth entrepreneurship based on global best practices while promoting an entrepreneurial culture among younger generations. We remain dedicated to advancing national efforts to establish the UAE as the global hub for entrepreneurship by the next decade, aligned with the goals of the 'National Entrepreneurship Agenda'.' Paul Griffiths, CEO of Dubai Airports, said: "The Emirati District at Dubai International serves as a platform for young Emirati entrepreneurs, offering them a unique opportunity to showcase their innovative ideas and connect with global markets. This initiative underscores our commitment to empowering youth and providing them with the tools to thrive internationally. It reinforces Dubai's position as a global hub for entrepreneurship and we are proud to support national efforts that reflect the UAE's ambitious vision for the future'. The Emirati District, located between the bustling Concourses B and C in Terminal 3, showcases: Amadal by Afnan Bushalat, a concept centred around creating products that offer a taste of home; Mira Farms by FBMI, a social enterprise by FBMI that empowers underprivileged communities, particularly female farmers, by providing global market access for their natural produce; Nuwa by Abdulaziz Al Jaberi, a brand that celebrates the UAE's agricultural heritage by using locally sourced ingredients to produce world-class quality products; and From the Arab by Alyazi Almheiri, a luxury home fragrance brand that reintroduces Arabic scents to modern homes worldwide. The Emirati District provides a unique opportunity for ambitious young Emirati entrepreneurs, providing them with unparalleled access to DXB, the world's busiest international airport. This initiative exemplifies the UAE's commitment to fostering a thriving entrepreneurial ecosystem, empowering youth with resources, training, and a global platform to showcase their talents and drive the nation's economic growth. For media enquiries, please contact: Dubai Airports PR Team pr@ About Dubai Airports Dubai Airports operates both of Dubai's airports, Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC). As an integrator, Dubai Airports works to balance the interests of all stakeholders to maintain aviation growth, protect operational resilience and ensure that service providers collaborate to provide a safe and secure service and improve customer experience whilst maintaining a sustainable business. DXB surpassed the 2019 levels of traffic in 2023 by welcoming 87m guests and forecast to reach 92m guests in 2024. DXB is ranked as the world's number one airport by international passenger numbers for 2023, as announced by the Airports Council International (ACI). DWC embodies Dubai's vision for the future of aviation. With expansion plans announced in May 2024, involving a record investment of US$35b, DWC aims to reshape the aviation landscape. Over the next decade, DWC will accommodate 150m passengers annually, eventually expanding to 260m passengers and 12m tonnes of cargo. With five runways, futuristic design, and seamless intermodal connectivity, DWC aims to revolutionise global air travel, setting new standards for efficiency and passenger experience for the next 50 years. For recent updates, refer to our official social media platforms on Facebook, Instagram, LinkedIn, Twitter or hashtags: #DubaiAirports #DXB #DubaiWorldCentral.
