2023 United Arab Emirates Global Money Week
PARTICIPATING ORGANISATIONS:
- Abu Dhabi Securities Exchange, Edfundo, KFI GlobalDubai Islamic BankDeira International SchoolDubai National School - Al BarshaSt Mary's SchoolGlobal Indian Intl School - DXBMiddlesex UniversityElite English SchoolThe Winchester SchoolGems First Point SchoolThe Millenium SchoolGems Modern SchoolHeriot Watt UniversityEmirates International School - JumeirahASPAM - IISCurtin UniversityDubai UniverisityGulf Medical University - AjmanBITS PilaniAmity UniversityHartland SchoolDubai Gem SchoolBirmingham UniveristyAmbassador School
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 23
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 1 300
NUMBER OF ADULTS REACHED DIRECTLY:
- 2 405
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 200
Abu Dhabi Securities Exchange (ADX) hosted students from the Higher Colleges of Technology (HCT) and Abu Dhabi Women’s college who participated in lectures about investing and were able to join the ADX trading hall for a close encounter with financial markets. The students were given a workshop on Financial Markets in general and "How to Invest in ADX" in particular. This collaboration between ADX and HCT is in line with the Zayed Center of Excellence for Finance Research (ZCEFR) which was established in 2019 by the two entities at the campus of HCT Abu Dhabi Women’s college. The initiatives further emphasized ADX's commitment to promoting financial literacy and preparing the UAE cadres for the investment and financial markets in the country and the region. Furthermore, ADX organised an exhilarating virtual trading competition. This platform allowed all UAE students to put their knowledge to the test, securing the chance to apply theory in a practical setting. ADX joined hands with the Higher College of Technology to establish the groundbreaking ADX & HCT innovation factory. This collaboration serves as a hub of creativity and ingenuity, providing a platform for budding entrepreneurs and inventors to refine their ideas and unleash their potential.
2022 United Arab Emirates Global Money Week
PARTICIPATING ORGANISATIONS:
- Abu Dhabi Securities Exchange (ADX), Cashee Tech FZE, Visa, Dubai Cares, GEMS Education, Dubai Heights Academy, Raffles World Academy, North London Collegiate School, Guilford Royal Grammar, DIA, Jebel Ali School, Hartland School, Horizon School, Aquila School, Arcadia School, Safa Community School, Safa British School, Dubai British School JP, Arab Unity School, Al Ghurair University, Emirates International School – Jumeirah, Global Indian International School - Abu Dhabi
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 252
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 4,450
NUMBER OF ADULTS REACHED DIRECTLY:
- 1,530
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 6,050
Abu Dhabi Securities Exchange (ADX) hosted the “HCT Annual Research Award Ceremony 2021” event as part of Global Money Week 2022 which focused on a theme of “Build your future, be smart about money.”
The ceremony aimed to recognise research efforts of the Higher Colleges of Technology (HCT) students. This collaboration between the ADX and HCT was established in 2019 at the Zayed Center of Excellence for Finance Research (ZCEFR). This is a research centre based at the campus of HCT Abu Dhabi Women’s college.
In addition, ADX welcomed students from Higher Colleges of Technology (HCT) and presented a workshop titled "How to Invest in ADX."
The two initiatives further emphasised ADX's commitment to promoting financial literacy and preparing the UAE cadres for the investment and financial markets in the country and the region.
For Global Money Week 2022, Cashee, a teen banking platform in the MENA region, together with Visa, held financial literacy workshops across schools in the UAE. The content was created using Visa's Practical Money Skills platform and delivered by Cashee and employees of Visa. Sessions were offered digitally, but mostly delivered in-person for students at schools. Teachers were engaged and open about continuing with the programme throughout the year. It was estimated that around 1,000 students between ages 12-18 were impacted during the campaign. In addition, a panel discussion was held in collaboration with Dubai Cares, an NGO and Visa, to raise awareness on the topic of youth financial literacy in the UAE. This was held at Expo2020 during the week.
Edfundo distributed bespoke learning modules and teacher handbooks to more than 20 schools throughout Dubai. The bespoke packs are part of their school initiatives that guides teachers on how to deliver lessons from the newly launched Edfundo Learning Lab. Besides, Edfundo team cooperated with a children’s book author and hosted two live webinars that were attended by over 150 youth participants. “Grandpa’s Fortune Fable” book sales double during GMW as Dubai’s students and their parents were encouraged to buy it. Almost 200 youngsters took an online GMW quiz hosted on Kahoot. Furthermore, Edfundo’s team member joined a Dubai Eye 103.8 FM Radio for a live studio interview on March 25th. Their team reached over 3,000 children and teachers through the campaign. Moreover, daily money tip posts were shared on the Instagram account and gathered over 18,000 impressions across the week.
During Global Money Week 2022, KFI GLOBAL delivered a financial education programme to 250 students. This 5-hour programme was delivered to students in classes at schools. All students received guidebooks, certificates and a quiz that tested their knowledge of what they had learnt. Highlights of these sessions can be seen here, here and here.
2021 United Arab Emirates Global Money Week
PARTICIPATING ORGANISATIONS:
- Abu Dhabi Securities Exchange (ADX), Higher Colleges of Technology (HCT)
TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:
- 1
NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:
- 100
NUMBER OF ADULTS REACHED DIRECTLY:
- 20
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 60
To celebrate Global Money Week 2021, Abu Dhabi Securities Exchange conducted educational lectures for the UAE youth at higher colleges of Technology (HCT). The Exchange recognised the best three research papers presented by Higher Colleges of Technology (HCT) faculty teachers and students. The goal was to raise awareness on the importance of financial literacy for youth in the country. In addition, AIESEC LLC along with partners organised one week-long campaign. This included, learning about the financial industry, its future, skills needed in the sector, and much more. Youth also gained insight into financial literacy and how to track, analyse and manage expenses. In addition, the campaign focused on equipping students with skills and knowledge about starting their own business or how to get a head start in their career path. On the final day of the Week, AIESEC together with United Arab Bank, organised an online session on the topic of financial inclusion of youth. This was followed by a panel discussion on the responsibility of financial institutions, education institutions and youth to encourage youth participation in the financial system. Throughout the week, two online competitions, six webinars and lectures were organised. Over 200 youth were reached through events and activities. Roughly over 3000 accounts were reached on social media.
2019 United Arab Emirates Global Money Week
LEADING ORGANISATIONS:
- Abu Dhabi Securities Exchange (ADX)
PARTICIPATING ORGANISATIONS:
- French Business Group, Higher College of Technology (HCT), Zayed University
NUMBER OF CHILDREN REACHED DIRECTLY:
- 200
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 2 150
Abu Dhabi Securities Exchange (ADX)
Throughout Global Money Week 2019, Abu Dhabi Securities Exchange (ADX) organised a number of initiatives to raise awareness on the subject of financial literacy, amongst university students, high school students, as well as adults. The ADX initiatives including activities such as hosting events, meeting students, organising workshops and much more. During the Week, ADX launched the Zayed Centre of Excellence for Financial Research at the Higher Colleges of Technology (HCT). The Centre's main objectives include collaborating with HCT on research related to financial inclusion, finance-related data analytics, financial technology services, artificial intelligence, blockchain, data management, areas of innovation in stock markets, different financial instruments, and investment research, in addition to introducing students to research in finance and prepare them for employment in the financial sector in the UAE. ADX also hosted a workshop for the French Business Group in Abu Dhabi on the investment opportunities available to wide sectors of the public on the Exchange, thus increasing their level of financial literacy. The Exchange, furthermore, hosted a student delegation from Zayed University, affirming the Exchange's commitment to pursue academic efforts; enhance cooperation with academic institutions to develop investment awareness, and introduce students to the exchange procedures and trading methods in the domestic capital markets.
2018 United Arab Emirates Global Money Week
LEADING ORGANISATIONS:
- Emirates Foundation
PARTICIPATING ORGANISATIONS:
- Abu Dhabi Securities Exchange (ADX), Abu Dhabi Vocational Education and Training Institute, Higher College of Technology, Skyline University
NUMBER OF CHILDREN REACHED DIRECTLY:
- 72
NUMBER OF PEOPLE REACHED INDIRECTLY:
- 82
Emirates Foundation
Throughout Global Money Week 2018, the Emirates Foundation reached 72 youth through visits to Skyline University, Dubai Women’s College and Abu Dhabi Stock Exchange. University students attended the Foundation’s Financial Literacy Awareness sessions, which were offered to youth and adults. These sessions included the Esref Sah Advanced Financial Literacy Workshop. This personal finance workshop was geared towards youth who were interested in learning more about how to manage finances, save, manage debts, and spend money responsibly. Additionally, on 12 March, the Abu Dhabi Securities Exchange (ADX) was opened by students from Abu Dhabi Vocational Education and Training Institute as part of their GMW celebrations. Students were invited to an information seminar at the Stock Exchange, giving them insight in the role and processes of stock exchanges.
2017 United Arab Emirates Global Money Week
LEADING ORGANISATIONS:
- Emirates Foundation
PARTICIPATING ORGANISATIONS:
- Abu Dhabi Securities Exchange (ADX)
- Central Bank UAE
- General Civil Aviation Authority
- Petroleum Institute
- Ajman Youth Center
- Rouqayah School
- Visa
Throughout Global Money Week 2017, the Emirates Foundation, along with its key partners, reached out to more than 200 youth through various activities and financial literacy workshops.
During GMW 2017, there were fun arts and crafts activities, visits to the Money Museum at the Central Bank and informational seminars.
Additionally, the Abu Dhabi Securities Exchange (ADX) was festively opened on 27th of March by students from the Petroleum Institute alongside high-level representatives from our partner institutions.
2016 United Arab Emirates Global Money Week
LEADING ORGANISATIONS:
- Emirates Foundation
PARTICIPATING ORGANISATIONS:
- Baizat
- Central Bank of United Arab Emirates
- Abu Dhabi Securities Exchange (ADX)
- Emirates National Schools
- Zeinab School
- Aisha Bint Abi Baker School
- Al Qarain School
- Al Noor Training Centre for Children With Special Needs
DATE OF THE EVENT:
- 14th - 20th of March
TOTAL NUMBER OF CHILDRENA AND YOUTH ENGAGED:
- 2 144
TOTAL INDIRECT REACHED:
- 2 000
Her Highness, Sheikha Shamma Bint Sultan bin Khalifa Al Nahyan, inaugurated the Esref Sah Central Bank visit by announcing her role as ambassador to the programme. She highlighted the importance of financial literacy and shared tips with students on how to lead a more financially responsible life. The students were then introduced to the role of the Central Bank and were given seminars by individual departments such as research, compliance and consumer protection. The day ended by a visit to the money museum where students learnt about the origins of money, how many different types of currency exist and why it is so important for the economy.
A savings competition was initiated on 1 March with a school in Sharjah, and all students were given a branded moneybox and were requested to start saving (coins only) for the entire duration of GMW when the competition was brought to a close. They ran the competition with 30 students, and gave them a digital coin banks to save in. The top 5 winners saved 133 US dollars in ten days and an awards ceremony was held at the school and the top three savers were given prizes. Also, Emirates and their partners ran a financial literacy workshop with more than 60 students, and they ended the day by inviting a Shabaab Club member to talk about her own experiences with her children and why it is always important to spend wisely from a very early age.
Financial Literacy Bus workshops, designed by the Emirates Foundation, were ran with students across various schools in the UAE. These workshops were conducted in an interactive mobile bus and covered the fundamentals of financial literacy. Partner schools in Abu Dhabi was selected to take part in a school trip to the stock exchange. The opening “ringing of the bell” ceremony took place, and a session was held by ADX employees on the role of and importance of the stock exchange. A partner school in Abu Dhabi was also selected to take part in a school trip to the Central Bank. The students visited the Money Museum, and a session was held by Central Bank employees to explain about the role and importance of the Central Bank.
Barclay’s also partnered by delivering a workshop on the importance of responsible savings and spending habits, and two of the Esref Sah Shabaab Club members delivered a financial literacy workshop to the 30 students attending the event. A workshop was also ran at the Al Noor Training Centre for Children with Special Needs, which involved a customized money box activity with the students.
“It is crucial to have financial education in young people’s lives to help them plan ahead for their future well-being” Her Highness, Sheikha Shamma Bint Sultan bin Khalifa Al Nahyan, United Arab Emirates
“Whenever all of you are older and bankable, never forget to read the fine print before availing any financial product or service” Wehbe Siham, Barclays Bank, United Arab Emirates
2015 United Arab Emirates Global Money Week
PARTICIPANTS:
- Emirates Foundation
- Baizat
- Central Bank of UAE
- Abu Dhabi Securities Exchange (ADX)
- Emirates National Schools
- Taweya Sharjah
- Marina Mall Abu Dhabi
- Al Noor Training Centre for Children with Special Needs
- Umm Ommara School for Girls Sharjah
- Al Qudsiyah School Abu Dhabi
DATE OF THE EVENT:
- 9th - 17th of March
NUMBER OF CHILDREN REACHED:
- 1 751
The Emirates Foundation in the UAE kicked off this year’s Global Money Week celebrations with “Big Bell” where students from the Emirates National Schools visited the Abu Dhabi Securities Exchange (ADX). During their visit the trading bell rang for opening the trading day on March 9th. This was followed up with an interactive information session on what the exchange does, what investment means, and how youth can start making the right investment decisions at a very early age.
The Emirates Foundation Mobile Bus travelled to the Taweya exhibition in Sharjah and received more than 700 visitors. Financial literacy workshops were delivered to students from all ages and more than 35 schools visited the bus.
The Mobile Bus was stationed outside the main entrance of Marina Mall, Abu Dhabi’s largest mall, where students started visiting the bus and explored the information material inside. Fun educational activities took a place during the workshops. That included quizzes on financial literacy topics such as savings, budgeting and investing. Emirates Foundation customized savings mugs were distributed to winners. Inclusion is at the heart of what the Emirates Foundation preaches and practices. Global Money Week reached out to friends at the AL Noor Centre for Special Needs. Fun filled activities were conducted for students of the center. Children were introduced to the bus and then spent an hour familiarizing themselves with the audio-visual aids on board. The iPads in the bus, which are filled with fun and educational games, kept the children engaged for the first half of the session. This was followed up with a savings activity in which the Emirates Foundation customized savings mugs were distributed to all the students and students were taught how the mugs are to be used, why it’s important to save and all the great things we can buy with our savings!
The Emirates Foundation met with the young girls from the Umm Ommara School two weeks prior to Global Money Week and organised a savings competition. Students were given two weeks to save as much money as they could, and the top 5 savers were awarded prizes. The students made a total saving amounting to $163. Students also participated in an activity, where they were asked “why they wanted to save” and to depict that through a drawing.
Global Money Week activities were wrapped up by taking out school students to the Central Bank of the UAE. The first hour comprised of a talk organised by the Central Bank which explained the role and importance of the bank. This was followed up by a visit around the bank and to the money museum. At the end, the hosts at central bank had organised a fun quiz for the students, and winners were given small trinkets to remember their visit.
2014 United Arab Emirates Global Money Week
PARTICIPANTS:
- Emirates Foundation and Baizat
- United Arab Emirates University (UAE)
DATE OF THE EVENT:
- 17th - 18th of March
NUMBER OF CHILDREN REACHED:
- 10 000
The Emirates Foundation, Baizat and United Arab Emirates University, organised a range of financial-themes activities on the UAE University womens’ campus in Al-Ain for students to learn about money management, banking services and entrepreneurship. These activities included: An interactive bus full of activities and games for attendees, specially recorded videos of speakers on personal finance and talks from successful local Entrepreneurs ,goody bags and information packs and the possibility to sign up for future personal finance seminars.
Esref Sah is a nationwide financial literacy programme. The programme takes the form of an interactive bus that addresses the challenges related to personal finance faced by youth in the UAE. On the bus, students were able to speak to members of the Esref Sah team, sample a collection of specially selected personal finance apps preloaded on iPads, listen to inspirational stories from Entrepreneurs such as Alia Mazrouei (founder of the Just Falafel restaurant chain) and register their interest to attend future seminars regarding personal finance. With over 10 000 students registered at the womens’ UAEU campus there was a regular flow of students throughout the day visiting the bus to learn and discuss with the Esref Sah team.
Learn more:
www.baizat.com
www.uaeu.ac.ae
www.emiratesfoundation.ae
2013 United Arab Emirates Global Money Week
NAME OF THE ORGANISING ENTITY:
- Baizat
NUMBER OF CHILDREN REACHED:
- 50
PRESS:
- Daily Al Bayanel
The founder of Baizat Sala Al-Halyanh sat down with children and parents, advising them on ways to make managing money fun in the household. The next day, one of the parents notified that her daughter was excited by the idea of saving to make her goals. Previously she never understood the value of money as anything other than a toy - now she has her own savings account and has encouraged her 2 sisters to have one, also!
Global Money Week in the United Arab Emirates took place with a public speaking at the Sharjah University followed by a savings activity with the involvement of children and their parents. Baizat’s mission was to raise awareness for the importance of financial education and inclusion and they accomplished that by articles published on Baizat.com and in Al Bayan newspaper and with the involvement of social media.