The German Jordanian University (GJU) has signed a memorandum of understanding with The German Sparkassenstiftung for International Cooperation (DSIK) to strengthen collaboration in the fields of financial literacy, entrepreneurship, and capacity building within the financial sector. The partnership aims to equip young people with the knowledge and skills required to meet labor market demands and contribute to sustainable economic development.
The agreement was signed on behalf of GJU by its President, Prof. Ala’aldeen Al-Halhouli, and on behalf of the foundation by its representative in Jordan, Ms. Lydia Naffa.
This partnership falls within the framework of the regional project, “Promoting the Sustainable Transformation of the Financial Sector and Improving Training and Employment in the Arab Republic of Egypt, the Hashemite Kingdom of Jordan, and the Republic of Türkiye,” funded by the German Federal Ministry for Economic Cooperation and Development (BMZ).
Prof. Ala’aldeen Al-Halhouli emphasized that the memorandum reflects the university’s commitment to providing students with the knowledge and practical skills needed to enhance their professional readiness and keep pace with the rapid developments in the financial sector. He noted that the partnership will contribute to strengthening financial literacy and entrepreneurial thinking while expanding opportunities for applied learning and international cooperation.
For her part, Ms. Lydia Naffa highlighted the importance of the partnership in promoting financial literacy and entrepreneurship among young people. She explained that the initiative aligns with the objectives of the regional project aimed at supporting the development of the financial sector in Jordan, Egypt, and Türkiye. She added that the memorandum will help expand training opportunities, build capacities, and enhance students’ readiness for the labor market.
The memorandum is part of GJU’s ongoing efforts to strengthen its international partnerships and broaden cooperation with global institutions. Through innovative and practice-oriented training programs, the university seeks to further develop students’ competencies in financial literacy and entrepreneurship and improve their employability in an increasingly competitive labor market.