AlMabarrah AlKhalifia Foundation signs cooperation agreement with Bahrain Institute for Banking and Finance

Through this partnership, the Bahrain Institute for Banking and Finance (BIBF) will offer reduced tuition fees to AlMabarrah AlKhalifia Foundation for the University of London, the largest university in Britain and Europe, in addition to Bangor University, one of Wales' top 15 universities.

  
AlMabarrah AlKhalifia Foundation signs cooperation agreement with Bahrain Institute for Banking and Finance

Manama, Bahrain: AlMabarrah AlKhalifia Foundation has entered into a cooperation agreement with the Bahrain Institute of Banking and Finance (BIBF), under which a reduced tuition fee will be provided for both Bachelor programs at the BIBF which are the University of London and Bangor University.

Through this partnership, the Bahrain Institute for Banking and Finance (BIBF) will offer reduced tuition fees to AlMabarrah AlKhalifia Foundation for the University of London, the largest university in Britain and Europe, in addition to Bangor University, one of Wales' top 15 universities. For its part, AlMabarrah AlKhalifia Foundation will provide individuals and companies with the opportunity to invest in Bahraini youth by sponsoring seats at both universities.

Commenting on this cooperation, H.H. Shaikha Nayla bint Hamad bin Ebrahim AlKhalifa, Vice Chairperson of AlMabarrah Alkhalifia said: “Firstly, I would like to extend my sincere thanks to the Bahrain Institute for Banking and Finance (BIBF) for their cooperation and efforts which go in line with our aim to empower youth and develop their soft and practical skills in various fields. We would also like to invite various universities from the Kingdom of Bahrain and abroad to extend a joint cooperation with us, with the aim of providing more scholarships and academic benefits to eligible students, in order to meet the requirements of the labor market which go in line with the economic vision 2030.”

For his part, Director of Bahrain Institute for Banking and Finance, Dr. Ahmed Al Shaikh stressed the importance of investing in Bahraini youth as future leaders, adding: "This collaboration with AlMabarrah AlKhalifia Foundation is an important part of the Institute's strategy to prepare and qualify the young cadres in the banking and financial sector in the Kingdom by offering initiatives that will contribute to enhancing the skills of Bahraini youth and developing their professional and leadership capabilities to prepare them when entering the labor market."

The Rayaat program, which was launched in 2011, is a comprehensive program that enables students to enroll in one of many accredited universities in Bahrain, in addition to offering many benefits which include financial incentives, workshop and training opportunities in both public and private sectors, as well as many activities that encourage a culture of social responsibility and volunteering among the youth.

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About AlMabarrah AlKhalifia Foundation :

Established on May 30, 2011, AlMabarrah AlKhalifia Foundation  (“MKF”) is a non-profit foundation registered and licensed by the Ministry of Labour and Social Development and is run by an independent council of secretaries with a long standing experience in community service. MKF aims to empower Bahraini youth to succeed through launching comprehensive programmes. Its vision aims to create dynamic and active members in society with a focus on achieving educational excellence.

Through aligning the foundation’s vision with the Bahrain 2030 vision, MKF is committed to enriching Bahrain’s education sector through specialized programs that target Bahraini youth while providing them with practical experiences and instilling social responsibility in them.

ABOUT BIBF

The BIBF is the leading training and education provider in the region, and is affiliated to the Central Bank of Bahrain. The Institute plays a vital role in the development of human capital in the Kingdom of Bahrain, the Gulf region, the wider Middle East, Africa and beyond.

The BIBF’s commitment to excellence has strengthened its position as the leading educational provider across all major business disciplines. The BIBF serves as a partner to numerous world-class institutions; delivering Thought Leadership, Assessment and Training in the areas of:

  • Banking,
  • Islamic Finance,
  • Executive Development,
  • Accounting & Finance,
  • Academic Studies,
  • Leadership & Management,
  • Supply Chain Management,
  • Insurance
  • Digital Transformation & Project Management;
© Press Release 2020

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