Amman, March 2024: Jordan Ahli Bank and the German Jordanian University (GJU) have signed a memorandum of understanding (MoU) to establish a framework for collaborative activities in varied fields, aiming to foster innovation and develop skills among university students.
Under the agreement, Jordan Ahli Bank will work closely with GJU to conduct fintech training courses for students through university student clubs. The collaboration also comprises workshops and projects covering scientific studies, research and technology knowledge sharing. It also supports the university’s Innovation Space activities, startups and business ventures, encouraging active student engagement in diverse events to build their capacities and enhance their future professional prospects.
Moreover, the partnership will involve Qawn – the Kingdom’s first-of-its-kind social payment app with over 150,000 users. The app will be showcased at events hosted by GJU, introducing students to its features, which facilitate simple, secure and technologically advanced financial transactions. This signifies a vital step toward shaping the future of cashless transactions, particularly given the widespread popularity of the Qawn app among students across various universities.
“This partnership marks a significant step forward, aligning fintech academia with entrepreneurs to arm students with the skills and methodologies they need to embrace innovative solutions and address real-world challenges. Together, we are championing a new era of collaboration, preparing future leaders capable of succeeding in a dynamic digital economy,” commented Jordan Ahli Bank CEO, Dr. Ahmad Al Hussein.
In turn, GJU President, Prof. Ala’aldeen Al-Halhouli, stated, “We greatly value endeavors dedicated to supporting the education sector, developing the skills of our students and empowering them in emerging fields, which is the focus of our partnership with Jordan Ahli Bank. We are delighted with this collaboration and invite everyone to participate in upcoming events and utilize the digital platforms and services offered through this cooperation.”
This initiative presents students with a distinct opportunity to acquire valuable knowledge and practical experience in financial services, fintech and other significant domains relevant to their academic and daily lives. It also equips them with important skills to create and innovate in today’s financial landscape, while promoting the adoption of cutting-edge technologies for financial transactions. Jordan Ahli Bank is dedicated to expanding such partnerships to encompass numerous universities across Jordan, underscoring its commitment to advancing educational prospects for youth and shaping a brighter future for the community at large.
