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The Palestine Capital Market Authority (PCMA), in partnership with the German Agency for International Cooperation (GIZ), launched today, Tuesday, a university course titled “Financial Literacy” in the presence of the Chairman of the Board of Directors of the PCMA, Ammar Aker, and its General Director, Barraq Al-Nabulsi.

Representatives from the PCMA, course instructors, and representatives from several Palestinian universities participated in the event.

The Financial Literacy course aims to enhance financial knowledge among university students and youth in general, thereby contributing to improving their interactions with financial sectors in Palestine.

The Chairman of the Board of Directors of the PCMA, Ammar Aker, emphasized the importance the PCMA places on financial awareness in its work programs to create a generation capable of dealing with financial policies and services in Palestine across various financial sectors. He added that the PCMA values its partnership with Palestinian universities, which constitute the main source for building Palestinian competencies and supplying labor markets and expressed his gratitude to the course instructors for their tremendous efforts in completing the course in record time.

Similarly, the general supervisor of the course preparation, Dr. Thabit Abu Al-Ros, reviewed the course content, indicating that the idea for the course came after conducting an extensive study by the PCMA, focusing on non-financial university specializations, enhancing financial literacy, and considering the Palestinian circumstances in all study units.

Abu Al-Ros pointed out that the course consists of 10 chapters covering 10 financial topics, including financial planning (budgeting), credit and financing, savings, investment, risk management, financial rights substantiation methods (contract management), sources of financial information, taxes, retirement planning, and consumer protection.

Shurouq Qawariq, the FinTech Consultant at the GIZ, stated that her organization has a long-term partnership with the PCMA to enhance financial inclusion in Palestine.

Qawariq praised the achievement of the Financial Literacy course, considering it one of the most important projects in financial awareness.

Contributors to the course preparation included Dr. Shadi Hamad, Director of the Professional Academy for Finance and Management, Dr. Mohammed Abu Sharba, an expert in Islamic banking and finance at the Arab American University, Dr. Mohammed Barghouti, lecturer at Al-Quds University, Dr. Doha Tanbour, lecturer at the Department of Finance at An-Najah National University, Dr. Adnan Qubajeh, Dean of the Faculty of Administrative and Financial Sciences at Palestine Ahliya University, Dr. Ra’fat Jallad, Dean of the Faculty of Economics at An-Najah National University, Dr. Raed Handal, lecturer at the Faculty of Economics at Bethlehem University, and Dr. Mohammed Talalweh, Head of the Financial and Banking Sciences Department at Al-Quds Open University, along with Bakr Saleh, Licensing and Control Officer at the PCMA.

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