Sharjah Launches Third Edition of Public Finance Award
The Sharjah Finance Department (SFD), in collaboration with the Arab Administrative Development Organisation (ARADO), has launched the third edition of the Sharjah Award for Public Finance. This award aims to promote a culture of excellence in Arab financial institutions by adopting excellence standards and sharing best practices.
Key Officials Attend Ceremony
The announcement was made during a ceremony attended by key officials, including Sheikh Rashid bin Saqr Al Qasimi, Director of SFD, and Salem Youssef Al Qaseer, Chairman of the Board of Trustees. Sheikh Rashid emphasized the award’s role in advancing public finance and promoting sustainable development.
Expansion and New Categories
Salem Al Qaseer highlighted the expansion of the award, which now includes 22 categories. He also announced plans for promotional visits and workshops across Arab countries. The new cycle will also host the second Arab Financial Forum, with previous winners offering guidance to participants.
Importance of the Award
Dr. Nasser Al Hatlan Al Qahtani, Director-General of ARADO, stressed the importance of the award in enhancing the performance of Arab financial institutions. An introductory presentation explained the criteria and categories of the award, with registration open from August 2024 to April/May 2025.
Doubts Revealed
Sharjah -: Sharjah is one of the seven emirates that make up the United Arab Emirates (UAE). It is known for its cultural heritage and beautiful architecture.
Public Finance Award -: The Public Finance Award is a special recognition given to organizations or people who do an excellent job in managing money and financial resources in the public sector.
Arab Administrative Development Organisation -: This is a group that helps improve the way governments and public institutions work in Arab countries. They provide training and support to make things run better.
Sheikh Rashid bin Saqr Al Qasimi -: He is a member of the ruling family in Sharjah and holds an important position in the government.
Salem Youssef Al Qaseer -: He is a key official in Sharjah who works on important projects and initiatives, especially those related to finance and development.
Arab Financial Forum -: This is a big meeting where experts and leaders from Arab countries come together to talk about money, finance, and how to improve financial systems.
