DIFC endorses EDAAD student intership programme

The Dubai International Financial Centre (DIFC) today has agreed with EDAAD, the scholarship programme initiated by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, to provide internships for EDAAD students, which will lead to an enhancement of the DIFC's existing internship program.

The DIFC is being established as part of the goal to position Dubai as a universally recognised hub for institutional finance and as the regional gateway for capital and investment to the Middle East. This scheme with EDAAD provides an unparalleled opportunity for scholars within the EDAAD programme to learn from, and contribute to this landmark project. This Internship Program for UAE nationals will provide vital business experience for Nationals seeking a career in the international financial sector as well as essential support services and provides exposure to the international pool of talent assembled at the DIFC to make the project a reality.

“Sheikh Mohammed's bold vision for an internationally recognised financial centre to equal those of London , New York and Hong Kong is fast becoming a reality. We are delighted that selected candidates from the EDAAD scheme, which we thoroughly endorse, will have the opportunity to work with us in realising this vision.” Said Naser Nabulsi, Chief Executive Officer of DIFC. “We are committed to providing tomorrow's leaders from the UAE with opportunities to learn in an environment such as ours.”

He continued, “We are considering applications from many of the world's leading financial services businesses and we are confident that the EDAAD scheme only provides candidates who are capable of working in such an environment.”

Sana Suhail, EDAAD Program Manager, commented,

“Our ultimate goal is to enhance the skill levels of young talent in the UAE and the opportunity for selected candidates to work at the DIFC will be of huge benefit in achieving our aims.

Our scheme demands the highest standards from our students, who must maintain excellent grades throughout their studies and internships, this will guarantee that the DIFC will receive applications from only the very best candidates who have the drive and ambition to succeed in such a high profile work place.”

The DIFC will be considering applicants from the scheme immediately and expects the first students from the scheme to begin their placements in Summer 2004.