Register | Forgot password?
Switch to Arabic
Sunday, November 22 - 2009
Page navigation Browse related articles

The Citi foundation enters its third year of support for the Higher Colleges of Technology

  • United Arab Emirates: Monday, November 02 - 2009 at 14:59
  • PRESS RELEASE

The Citi Foundation recently renewed its support for the Higher Colleges of Technology (HCT) through a third year $100,000 grant dedicated to the Citi-Sponsored Bachelor Scholarships Program.

Article continues below
 
Launched in 2007, the Citi-Sponsored Bachelor Scholarships Program has so far supported 31 HCT students who opted for upgrading their qualifications to a Bachelor degree level from the current 3-year Higher Diploma credentials.

The added academic qualifications concentrate on areas of Business and Financial Services such as Accounting, Financial Services, Human Resources, Marketing, Travel and Tourism, and e-Business Management, hence enhancing the students' employment opportunities.

Dr. Tayeb Kamali, Vice Chancellor of The Higher Colleges of Technology (HCT), said

"the Citi-Sponsored Bachelor Scholarships Program brings many UAE nationals closer to realizing their post-academic work plans and adds value to our objective of linking academia to the business world for the full benefit of our students. Our students appreciate this unique proposition which is designed to fulfill labor market need for the right talent."


Alberto Verme, CEO of Europe, Middle East & Africa for Citi, said: "the program's objectives are in line with Citi's efforts to support financial and entrepreneurial education across the world. Our strategic alliance with HCT ensures that deserving students will have the chance to excel. The success of this program also sets a benchmark for a working alliance between academic and business institutions in the UAE."

Founded in 1988, the Higher Colleges of Technology now boast 14 campuses across the UAE with more than 17,000 students. The Colleges are dedicated to the delivery of top technical and professional programs, and to graduate students with relevant skills to UAE's dynamic labor market.

Citi has been in the Middle East for nearly 50 years and continues to view the Arab World as a critical part of the Bank's global franchise. It is currently present in ten Arab countries including Egypt, UAE, Lebanon, Jordan, Tunisia, Morocco, Algeria, Bahrain, Qatar and Kuwait.
Also consider reading:
Log in to request more information from Citi

Notes and media contacts

Citi
Citi, the leading global financial services company, has approximately 200m customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.

Citi Foundation
The Citi Foundation is committed to enhancing economic opportunities for underserved individuals and families in the communities where we work throughout the world. Globally, the Citi Foundation is focusing its giving on Microfinance and Microentrepreneurship, which helps individuals become economically self-sufficient; Small and Growing Businesses, leading to economic expansion and job creation; Education, which prepares young people for personal and professional success; Financial Education, which helps individuals make informed financial decisions; and the Environment with a focus on sustainable enterprises that generate jobs and stimulate economic growth while preserving the environment.

Citi Financial Education Program
Based on the belief that knowledge is your greatest asset, the Citi Financial Education Program is a global, company-wide effort to identify, support and implement initiatives that help give individuals, families and communities the tools needed to make sound financial decisions. Citi's ten-year, $200m global commitment is focused in three areas: Personal, Small Business and Institutional Financial Education.

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions