Roscongress Foundation & AZPROMO ink deal

Roscongress Foundation Chairman of the Board and CEO Alexander Stuglev and Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Acting President Yusif Abdullayev signed the cooperation agreement.
Updated 09 June 2019
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Roscongress Foundation & AZPROMO ink deal

Roscongress Foundation Chairman of the Board and CEO Alexander Stuglev and Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Acting President Yusif Abdullayev signed a cooperation agreement at the St. Petersburg International Economic Forum to establish effective communication between expert and business communities of the Russian Federation and the Azerbaijan Republic.
“Developing communication between the Russian and international business community is one of the Roscongress Foundation’s key objectives. Together with the Azerbaijan Export and Investment Promotion Foundation, we are planning to organize business events that aim to develop a dialogue on cooperation in financial investments, export-import activities as well as tourism and cultural interaction,” Stuglev said.
The meeting participants spoke about plans to organize joint convention and exhibition events with a focus on both bilateral and multilateral energy, trade and economic issues.
“We are ready to provide assistance in the implementation of joint investment projects and also promote the formation of financial and industrial groups, production associations, and joint-stock companies whose activities aim to develop business cooperation,” Abdullayev said.
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions, exhibitions and public events.


SABB becomes ICAEW authorized training employer

Updated 17 min 41 sec ago
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SABB becomes ICAEW authorized training employer

The Saudi British Bank (SABB) has joined forces with Institute of Chartered Accountants in England & Wales (ICAEW) to become the first bank in the Kingdom to be an ICAEW authorized training employer. The partnership will help SABB attract and retain talented individuals by offering ICAEW’s ACA qualification.

The new partnership is part of the SABB’s strategy to become a best-in-class international finance organization, but most importantly by supporting the Saudi Vision 2030. By providing Saudi nationals access to internationally recognized qualifications and training, supporting development of their skills and abilities, SABB aims to help them achieve a better future that matches their qualifications and ambitions.

Matthew Pearce, chief financial officer at SABB, said: “By partnering with a world-leading accountancy and finance organization that maintains the highest professional standards, SABB is very proud to become the first bank in the Kingdom to be an authorized training employer with ICAEW. This partnership aligns with SABB’s vision and strategy to be internationally connected while developing Saudi nationals and supporting Vision 2030.”

Completing the ACA qualification enables professionals to use the title “ICAEW Chartered Accountant.” 

Michael Armstrong FCA, ICAEW regional director, Middle East, Africa and South Asia, said: “ICAEW works with employers to support the professional development of their teams. In Saudi Arabia, ICAEW works alongside the national profession to complement the important national accountancy qualification and equip finance talent with the broad range of technical knowledge and professional skills they need to make a great contribution to their organizations. 

“As an authorized training employer, SABB will be able to prepare employees for the internationally recognized ACA qualification. Throughout the world, our training partners benefit from being able to attract the best talent and develop the next generation of business leaders. Our partnership with SABB underscores its commitment to remain at the forefront of the fast-paced banking industry and contribute to the growth of Saudi Arabia’s financial services industry.”