UAE: GPSSA and ADGMA Partner to Boost Financial Literacy Among Emiratis

UAE, 25 July, 2024 : The General Pension and Social Security Authority (GPSSA) and the Abu Dhabi Global Market Academy (ADGMA) have signed a Memorandum of Understanding (MoU) to boost financial literacy among Emiratis. This partnership aims to promote proactive financial planning for a secure and sustainable lifestyle.

ADGMA will provide financial planning advice to GPSSA stakeholders, focusing on investment opportunities and asset management in line with GPSSA regulations. 

Faras Al Ramahi, GPSSA's Director-General, emphasized that the MoU supports national efforts to enhance financial awareness among Emiratis and equip them with essential skills in a rapidly evolving landscape.

Hamad Sayah Al Mazrouei, Chairman of the ADGMA Board, noted that the agreement reflects a commitment to improving social protection for Emiratis and advancing their knowledge in finance, business, banking, and investments to foster a secure, knowledge-based economy.

Source : www.zawya.com