Beirut Arab University inaugurated the second phase of its protocol cooperation with the First National Bank by preparing and implementing training courses for the students of the Faculty of Business Administration regarding the functions of treasury and trading in the financial markets by specialists and professionals assigned by the bank.
However, a Memorandum of Understanding was signed between BAU and FNB to set out the cooperation framework concerning the specialised training courses and seminars at Rifaat Nimer Trading Hall at BAU - Beirut Campus.
The new Agreement was signed by BAU President Professor Amr Galal Al-Adawi and FNB General Manager Mr. Rami Nimer in a special ceremony held at Campus in the presence of senior directors and officials from both institutions.
President of BAU Prof. El-Adawi confirmed the strong relationship with First National Bank and the privacy of the cooperation protocol with the bank which exclusively aims at helping the students. This was reinforced by the advanced technical equipment of Rifaat Nimer Trading Hall. “Through the MOU, we look forward to working together with FNB's professional expertise to make the Hall as well as its facilities a real added value to the students’ Academic and Training Skills and help them keep up with the best business and employment opportunities in Lebanon and abroad,” Prof. El-Adwadi said.
"We believe in the importance of the complementarity of efforts among the financial sector, education and higher education which provides the Public and Private Sectors as well as the business fields with qualified candidates,” Mr. Nimer continued, “we are proud of the advanced regional and global ranking enjoyed by Lebanon at all levels of education, while its ranking falls to the lowest level in most areas, especially in competitiveness indicators, business environment, corruption, investment barriers, public debt and others.”
Mr. Nimer added, “We will do everything to support the Academic Efforts within our conviction of the National and Economic Roles that banks are supposed to perform, and the necessity to adhere to the principles of corporate social responsibility,” promising more comprehensive initiatives that reflect the ideas and aspirations of the educated youth which enables them to develop professional dimensions and prepare for the job market with absolute stability and confidence.