ADNOC Bloomberg Education Initiative Announces Measures to Support Distance Learning

Abu Dhabi, UAE 100 Bloomberg Terminals have been installed at five leading universities in the Emirate of Abu Dhabi as a result of the Memorandum of Understanding (MoU) signed in October 2019 between the UAE Ministry of Education, the Abu Dhabi National Oil Company (ADNOC), and Bloomberg L.P. to implement a training and development program called the ADNOC-Bloomberg Education Initiative.

The initiative is designed to equip a new generation of students with the specialized financial skills needed to excel in a dynamic and globally connected world.

The terminals have been installed at UAE University (UAEU), Abu Dhabi University (ADU), New York University – Abu Dhabi (NYU-AD), Khalifa University, and the Higher Colleges of Technology (HCT) Abu Dhabi Campus, where students have also begun their Bloomberg Market Concepts (BMC) certifications, an e-learning curriculum that provides an introduction to global financial markets.

Ministry of Education Assistant Undersecretary for Planning and Development Dr. Samer Al Samahi said: “Facilitating and advancing quality research and education that enriches the next generation’s skills is a key focus of the National Higher Education Strategy. That is why the Ministry of Education was pleased to partner with ADNOC and Bloomberg to provide university students with access to the Bloomberg Terminal and Bloomberg Market Concepts certification. We are also grateful that this initiative has been adapted to be able to continue to serve students and researchers during the Covid-19-related restrictions the world is facing. The abilities gained through the ADNOC-Bloomberg Initiative will empower and support the UAE’s students and researchers and enable them to be better able to adapt to the changing dynamics of the finance world.”


Source: Abu Dhabi National Oil Company

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