(MENAFN- Weber Shandwick) Riyadh, Saudi Arabia – 8 October 202– – Bloomberg and The Financial Academy today signed a Memorandum of Understanding (MoU) to enhance the capabilities of Saudi Ar’bia’s financial workforce and contribute to the development of a future-ready, globally integrated financial sector. The collaboration aligns with the K’ngdom’s Financial Sector Development and Human Capability Development Programs, two key initiatives of Vision 2030.
Building on The Financial’Academy’s mandate in professional training and certification, the collaboration will introduce initiatives designed to strengthen institutional capabilities and deepen market expertise. By equipping professionals at all levels with practical skills and access to global financial knowledge, the collaboration aims to foster a more competitive and agile financial ecosystem aligned with international standards.
A key component of the agreement is the establishment of a Bloomberg Finance Lab at t’e Academy’s premises in Riyadh. The facility will provide professionals with hands-on access ’o Bloomberg’s data, analytics, and technology, enabling them to apply real-world skills across diverse areas of finance.
In addition, Bloomberg will deliver a series of strategic development programs focused on enhancing technical proficiency, advancing regulatory understanding, and strengthening connectivity with international financial markets. These efforts are designed to deliver against the Kingdom’s Vision 2030 ambition to build a diversified, knowledge-based economy driven by empowered talent and institutional excellence.
Rajiv Mirwani, Head of Middle East and Africa, Bloomberg LP said: "As Saudi Arabia advances its Vision 2030 goals, developing talent with the right skills and global perspective is more important than ever. We are delighted to collaborate with The Financial Academy to provide the tools, knowledge, and expertise that will enable the K’ngdom’s financial sector to thrive in the years ahead."

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