Under the Directives of Ammar bin Humaid to Enhance Applied Education and Build a Knowledge-Based Economy, Ajman University and Ajman Bank Sign an Agreement to Establish a Financial Markets Lab

Under the directives of His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of the Executive Council, and Chairman of the Board of Trustees of Ajman University, Ajman University has signed a cooperation agreement with Ajman Bank to establish the Ajman Bank Financial Markets Lab aimed at supporting applied education and enabling students to gain practical experience in an environment that simulates the realities of the financial and banking sector.

This agreement comes within the framework of the vision led by His Highness Sheikh Ammar bin Humaid Al Nuaimi, aiming to strengthen the integration of education and the economy and to enhance partnerships among national institutions. It also aligns with the objectives of Ajman Vision 2030 to build an advanced knowledge-based economy founded on innovation and higher education.

The agreement was signed by Dr. Karim Seghir, Chancellor of Ajman University, and Mustafa Al Khalfawi, CEO of Ajman Bank, at the university, in the presence of several officials.

The project is being implemented with the support of Ajman Bank, with a value of AED 5 million, reflecting the strong commitment to enhancing applied education and supporting specialized academic infrastructure.

The project aims to provide an interactive training environment that enables students to simulate real-world working conditions in the financial sector and to enhance their skills in analysis and decision-making. The support provided to the university allows the lab to be equipped with the latest technologies and systems used by global financial institutions, contributing to the development of practical education and offering a comprehensive training experience.

In this context, the university, in collaboration with its partners, will implement awareness initiatives in the financial field, contributing to a broader economic understanding that benefits various segments of society.

The lab spans an area of 160 m² and includes 36 trading stations, with a capacity to accommodate up to 40 students simultaneously. It also features a live market ticker, illuminated digital panels, and licenses for the global “Bloomberg” system specialized in data analysis and financial decision-making.

Dr. Karim Seghir praised the initiative, noting that it represents a qualitative leap in applied education at the university and aligns with its transition into a non-profit academic institution. He added that the lab will provide students with direct access to market data and trading tools, as well as offer free community programs in financial literacy to raise economic awareness.

He also highlighted the special significance of the partnership, as the bank’s CEO is an alumnus of the university, emphasizing that his return today as a supportive partner “embodies the continuity of the relationship between the university and its graduates.”

For his part, Mustafa Al Khalfawi stated that the initiative supports Ajman’s vision of building an integrated educational system that links knowledge with practical application and contributes to preparing generations capable of leading the future efficiently and effectively, adding that “investing in people is the key to sustainable progress.”

He continued: “Our collaboration with Ajman University reflects Ajman Bank’s commitment to advancing the educational system and enhancing its capabilities in line with the country’s priorities and future vision. The Ajman Bank Financial Markets Lab represents a qualitative addition that supports applied learning by providing in-depth market data and analysis, alongside advanced platforms and professional tools that give students practical experience, preparing them to excel in the financial sector.”

Al Khalfawi added: “We take pride in our partnership with Ajman University and look forward to the positive impact this initiative will have in preparing national talents capable of supporting the UAE’s development journey.”

This project forms part of Ajman’s vision to empower education as a key driver of development and to strengthen the partnership between the academic and banking sectors to shape a more efficient and sustainable future.