/ Thursday, February 14, 2019 / Categories: PMA, Memorandum Palestine Monetary Authority and Al-Quds Open University Sign Memorandum of Understanding Ramallah – His Excellency Mr. Azzam Shawwa, the Governor of Palestine Monetary Authority, signed today memorandum of understanding with Dr. Yunis Amr, the President of Al-Quds Open University, at the headquarters of Palestine Monetary Authority in Ramallah to enhance cooperation between the two parties to advance banking research in Palestine including studies, research, reports, and statistics and improve levels of financial and banking culture awareness and relevant legislations among students. Academics and administrative staff from Al-Quds Open University and managers and staff from Palestine Monetary Authority attended the signing of the Memorandum of Understanding. The Memorandum of Understanding requires joint work in scientific research in economics, business administration, financial and banking sciences, exchange of literature, and to give the graduates of business and economy, law, and public administration especially MA, law, and economy students the opportunity to train at Palestine Monetary Authority. The MoU also requires assigning members of the academic team to attend the conferences organized by Palestine Monetary Authority and to be assisted by the expertise of the employees of Palestine Monetary Authority in teaching texts at Al-Quds Open University. The MoU also requires organizing students’ activities to develop their capacities and financial and banking knowledge and culture as well as knowing the legislations and regulations and to contribute to applying the objectives of the National Financial Inclusion Strategy in accordance with the action plan of a strategy that defines the requirements of Palestinian universities. His Excellency Mr. Shawwa said during the signing of the memorandum of understanding that Palestine Monetary Authority focused on enhancing partnership with academic and educational institutions by signing MoUs with Palestinian universities to develop the capacities of university students and enhance scientific research in finance and banking. Mr. Shawwa praised Al-Quds Open University as one of the pioneering national educational institutions especially in supplying the Palestinian banking sector with qualified banking and economic personnel. Dr. Yunis Amr said that the banking sector played major role in the banking development process. He pointed out the importance of supporting and developing the sector since it was the cornerstone and engine of Palestinian economic activities. Dr. Amr praised the role of Palestine Monetary Authority in safeguarding financial stability and developing the banking sector and enhancing it in order to boost Palestinian economy. ***** Previous Article Rafah Chamber of Commerce and Industry and Palestine Monetary Authority Organize Symposium on Electronic Clearance System Next Article His Excellency Governor of PMA Participates in the opening of a conference to Increase Access to Finance for Smaller Businesses in West Bank and Gaza Print 3806