Dubai: The Dubai Gold and Commodities Exchange (DGCX) today announced that it has partnered with American University of Sharjah (AUS) to foster the next generation of professionals across the finance sector.
Through the collaboration, the DGCX will offer AUS undergraduate students the opportunity to participate in an internship program, with the core objectives of developing their skill sets, and educating them about how the DGCX operates and the important role it plays in the financial services sector in the region. Comprising guest speakers, virtual training and consulting opportunities, the program offers students the flexibility to participate from any location of their choice.
Les Male, CEO of DGCX, said “This partnership aims to identify and cultivate future leaders across the financial services sector. American University of Sharjah is one of the best in the country, and by providing its students with insights through real-life experiences, we hope to broaden their set of skills in a way that can be applied to both their education and careers. We are confident that this collaboration will be hugely beneficial to all parties involved, and we’re excited to welcome on board the first group of talented young students to help them understand how a world-class exchange operates, and prepare them for post-graduation success in a rapidly evolving sector.”
Abdullah Harmoozi, Head of Outreach & Engagement, added, "This partnership is a key part of the DGCX's Outreach and Engagement Programme, and an exciting opportunity for us to work closely with the community. We are fully committed to supporting AUS, and providing its students with real-world experience to advance their professional development. It is a great honour to be giving back by investing in our future leaders, and we look forward to building on this momentum through more partnerships like this in the coming months.”
Through this partnership, the DGCX will also assist students in enhancing their scientific and applied research skills by inviting them to participate in conferences and seminars. AUS and DGCX will also collaborate on joint projects, giving students opportunities to be involved and utilize their strengths and capabilities, particularly in the area of data analytics.
Professor Kevin Mitchell, Chancellor of AUS,said: “We are very pleased to partner with the region’s leading derivatives exchange to enhance educational and career-development opportunities for students. The collaboration with DGCX will allow AUS to benefit from the knowledge of industry professionals within the region and beyond.”
About DGCX: Established in 2005, DGCX is the region’s leading derivatives exchange and the only one allowing global participants to trade, clear and settle transactions within the Gulf region. The Exchange has played a pioneering role in developing the regional market for derivatives and financial infrastructure. DGCX is an electronic commodity and currency derivatives exchange with over 148 members from across the globe, offering futures and options contracts covering the precious metals, energy, equities and currency sectors. DGCX is a subsidiary of DMCC (Dubai Multi Commodities Centre), a Dubai Government Authority for trade, enterprise and commodities. For more information: www.dgcx.ae
DGCX also owns and operates the region’s largest and only multi-asset Clearing House – Dubai Commodities Clearing Corporation (DCCC). DCCC is regulated by the Securities & Commodities Authority (SCA). It is recognised as a licensed Central Clearing-Counterparty (CCP) by SCA and a Third-Country CCP by European Securities Markets Authority (ESMA) with over 50 clearers from across the globe. For more information: www.dccc.co.ae
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© Press Release 2020