Saudi university teams up with HRCI for Vision 2030

The University of Business and Technology (UBT) and its Continuing Education Center (CEC) in Jeddah will soon offer international human resource management credentials from HRCI.
Updated 17 January 2018
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Saudi university teams up with HRCI for Vision 2030

The University of Business and Technology (UBT) and its Continuing Education Center (CEC) in Jeddah has announced it will soon offer international human resource management credentials from the HR Certification Institute (HRCI), provider of the HR credentials for professionals in more than 100 countries.
Credentials from Alexandria, Virginia-based HRCI include US-based and internationally focused designations that recognize various levels of HR professional excellence in the US and abroad. Providing international HRCI certifications and certification preparation expands the university’s executive education offerings in response to the Kingdom’s Vision 2030 mission to raise the standards of HR performance in the public and private sectors.
“The HR body of knowledge is essential for driving business results through the establishment of performance management standards, employee training and development, leadership development and the creation of work environments that provide equal opportunities for all workers,” said Amy Schabacker Dufrane, SPHR, CAE, CEO of HRCI. “The UBT CEC alliance will greatly expand the reach of HRCI certifications and HR excellence in Saudi Arabia and the Middle East.”
UBT CEC will initially offer the Associate Professional in Human Resources — International (aPHRi) to its university seniors and MBA students with a major in human resources. The university will also make the Professional in Human Resources — International (PHRi) and Senior Professional in Human Resources — International (SPHRi) available to HR professional candidates and senior professional candidates with strategic HR leadership roles.
No prerequisite HR experience is required for candidates to apply for the aPHRi, a knowledge-based certification. The PHRi and SPHRi, which demonstrate knowledge and practice-based competencies, require prerequisite levels of HR experience and education. Certification candidates must also demonstrate HR knowledge and competency by successfully passing HRCI exams. Certification preparation courses will also be available from UBT CEC. “The highly reputed, credible and career-oriented certifications from HRCI will offer significant added value to HR professionals in line with the country’s Vision 2030,” said Amir Dhia, UBT CEC director. “To address the strategies, challenges and changes of work, human resources, more than ever, is a top priority for organizations and management, whether in Saudi Arabia or elsewhere around the world.”


ICD, BBI launch global private sector platform

The agreement was signed by Ayman Sejiny, CEO of ICD, and Amer Bukvic, CEO of BBI, on Wednesday at the ICD’s headquarters in Jeddah.
Updated 19 May 2019
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ICD, BBI launch global private sector platform

The Islamic Corporation for the Development of the Private Sector (ICD) and Bosna Bank International (BBI) signed a memorandum of understanding on May 16 in Jeddah. The MoU is related to a new initiative — the Global Platform for Private Sector — where the two institutions and community of like-minded financial entities can collaborate on business opportunities, exchanging market intelligence and laying a foundation for actual financial transactions within the member countries and across borders.
The signing ceremony took place in ICD’s headquarters in Jeddah and the document was signed by Ayman Sejiny, CEO of ICD, and Amer Bukvic, CEO of BBI.
Sejiny said: “ICD takes the lead in launching such a platform network to demonstrate productive applications of fintech in modern global business affairs, to help reduce financial transaction costs for its member banks, leasing companies and micro-finance institutions and to upgrade the advisory services that ICD offers to its partners across the Islamic developmental network.”
Bukvic added: “We welcome the initiative and we’re happy to be among the first entities to sign the MoU with ICD. Such a platform would open opportunities for Bosnia and Herzegovina, BBI bank and other partners once implemented, and will most certainly facilitate investment across borders. This will extend our efforts already expressed by organizing international events in the capital of Bosnia and Herzegovina, such as the Sarajevo Business Forum and the Sarajevo Halal Fair.”

 

Bosna Bank International (BBI) d.d. Sarajevo is the first bank, both in Bosnia-Herzegovina and Southeast Europe, to operate in accordance with Islamic finance principles. BBI offers several types of financial services to retail and corporate clients through its business based on ethical principles and partnership. Shariah compliance is ensured by the BBI Shariah board with members of this board being prestigious local and international experts.
The Global Platform for Private Sector will be a cloud-based, next-generation, full-featured networking and fulfillment platform hosted by ICD for the benefit of its network of 88 financial institutions and 12 leasing companies worldwide. One major goal of this online platform is the sharing of investment, advisory, sukuk, financing and other deals in an environment of common Islamic values.
ICD is a multilateral development financial institution and is part of the Islamic Development Bank (IsDB) Group. It was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to the governments and private companies and encouraging cross-border investments.
ICD has an authorized capital of $4 billion. Currently, the shareholders of ICD are the IsDB, 54 Islamic countries and five public financial institutions.

Decoder

The Global Platform for Private Sector will be a cloud-based, next-generation, full-featured networking and fulfillment platform hosted by ICD for the benefit of its network of 88 financial institutions and 12 leasing companies worldwide.