Conference on challenges in sukuk markets

Updated 15 November 2016

Conference on challenges in sukuk markets

The Sukuk Conference organized by the Capital Market Authority (CMA) in collaboration with the World Bank, will be held on Dec. 6.
It will discuss the role of debt markets in supporting the economic growth in addition to other several topics discussed in five sessions. Government officials and representatives from the World Bank and the private sector, as well as economists and financial partners in the capital market will participate in the conference.
The conference sessions will include topics such as: Elements of sukuk markets, dynamics of sukuk markets, establishment of an effective environment for sukuk market, regulatory issues and governance in the sukuk market, and the role of debt markets in economic growth.
The CMA pointed out that the conference aims to achieve its strategic objectives, which include deepening the capital market and encouraging the issuance of debt instruments, in addition to promoting the economic development of the Kingdom within the 2030 Vision.
Furthermore, the CMA is working hard to develop the debt instruments market in the Kingdom due to its importance in national economy, and being a major support to the funding of development projects.
As the introduction of the debt instruments market and its continues flourish depends on a combination of success elements associated with the CMA and third parties, this would require coordination with those parties and they all need to agree on the importance of sukuk and debt instruments market in the future as a main financing source to support commercial banks.


Pearson unveils Mideast winners of BTEC Awards

Updated 09 July 2020

Pearson unveils Mideast winners of BTEC Awards

Outstanding students, tutors and colleges from 25 countries, including from the Middle East, saw their achievements recognized at the BTEC Awards 2020 ceremony, held online for the first time due to coronavirus.

Hosted by presenter of the United Stand, YouTube influencer and BTEC ambassador, Flex, 17 category award winners were celebrated from the UAE and around the Middle East as well as internationally in subjects such as health and social care, performing arts, engineering, IT, business and sport.

Double Olympic gold medalist Max Whitlock and architect, TV presenter and campaigner George Clarke were among those presenting awards. 

They were joined by journalist and TV presenter Steph McGovern who spoke about her passion for vocational education and the BTEC Awards.

Spanning across 21 categories, the awards showcase the exceptional BTEC learners and teachers that have been nominated to win a gold, silver or bronze BTEC award. Accepted in more than 200 universities worldwide, BTEC is a highly regarded, career-focused qualification, studied in over 60 countries.

The Middle East winners are:

• BTEC Hospitality, Travel and Tourism Student of the Year Silver Winner — Finn Page, DESC, UAE

• BTEC Teacher of the Year (schools only) Bronze Winner — James McBlane, British School Al-Khubairat, UAE

• BTEC IT and Computing Student of the Year Bronze Winner — Sangeetha Philip, Cambridge International School, Dubai, UAE

• BTEC Business and Enterprise Student of the Year Bronze Winner — Delma Sharyl D’Silva, The Winchester School — Jebel Ali, Dubai, UAE

Cindy Rampersaud, senior vice president, BTEC and apprenticeships at Pearson Education, said: “This year I’ve been overwhelmed by the quality of BTEC Award nominations we received, and I am delighted to celebrate this year’s winners and the achievements of all learners who will be awarded a BTEC this year. 

Over the past few weeks and months, we’ve seen how the current pandemic has highlighted the critical role of key workers and individuals who are likely to have followed a vocational educational pathway such as BTEC.”

In the UAE, BTEC qualifications are available in sectors including applied science, art and design, business, childcare, construction, engineering, media, health and social care, hospitality, ICT, performing arts, public services, sport, travel and tourism.

Pearson has been delivering BTEC qualifications worldwide since 1984. A recent study revealed that 90 percent of BTEC students are employed full-time after graduating.

Globally, nearly 1 million students studied toward a BTEC in the past year, via 784 approved BTEC centers in 60 countries.

In response to new careers emerging within industries and ongoing change, Pearson is continually adapting and innovating its BTEC curriculum and learning to ensure it is relevant for young people and adults, supporting progression and career aspirations throughout lives.