The Agreement creates shared commitment to expand professional and educational opportunities and collaborative research

Press Release

The Central Bank of the UAE and New York University Abu Dhabi (NYUAD) signed a Memorandum of Understanding (MoU) to promote partnership and collaboration in the areas of professional training and development and research initiatives.

The Central Bank’s Deputy Governor Mohammed Ali Bin Zayed Al Falasi and NYUAD Associate Vice Chancellor of Finance and Operations Peter Christensen signed the MoU. A number of senior executives and leaders from both the Central Bank and NYU Abu Dhabi were present for the signing.

The MoU provides for a formal framework for cooperation in areas of common interest. Potential areas of collaboration include development of professional and executive education training programs, student scholars program, internship and career development opportunities, research projects, seminars, workshops and conferences and a distinguished speaker series.

Central Bank Quote: Deputy Governor, HE Mohammed Al Falasi said “The Central Bank is keen to foster collaboration with premier academic institutions in the areas of research, training, internship and recruitment of high caliber graduates, particularly Emiratis. The newly established Research and Statistics Department at the Central Bank provides the expertise to capitalize on talents and cultivate cooperative collaborations in the areas of mutual interests for all parties involved.”

NYUAD Associate Vice Chancellor of Finance and Operations Peter Christensen said: “As a liberal arts and research university, NYU Abu Dhabi seeks to contribute to the region's vibrant educational ecosystem. Creating opportunities for innovative collaborations in areas of research, talent development and training with strong local industry experts like the Central Bank strengthens NYUAD’s contributions to knowledge and research development in Abu Dhabi, and the UAE."

About NYU Abu Dhabi
NYU Abu Dhabi consists of a highly selective liberal arts and science college (including engineering), and a world center for advanced research and scholarship — all fully integrated with each other and connected to NYU in New York. Together, NYU New York, NYU Abu Dhabi, and NYU Shanghai form the backbone of a unique global network university, with faculty and students from each campus spending "semesters away" at one or more of the numerous study-abroad sites NYU maintains on six continents.

About Central Bank
The Central Bank of the UAE is a federal entity that has the supervisory monetary authority of the United Arab Emirates within the framework of the organization of the monetary, banking and credit policies. Among its responsibilities is the issuance and maintenance of the value of the United Arab Emirates Dirham and to ensure its free convertibility, in addition to acting as the banker of banks and the banker and financial advisor to the Government of the United Arab Emirates.