Abu-Ghazaleh: MoU with the Council of Arab Economic Unity will Contribute to Capacity Development in the Arab World


CAIRO - The International Arab Society of Certified Accountants (IASCA), chaired by HE Dr. Talal Abu-Ghazaleh, signed a memorandum of understanding (MoU) with the Arab Training, Research and Studies Center under the umbrella of the Council of Arab Economic Unity (CAEU) –  the League of Arab States.

The MoU aims at cooperating towards capacity development in the scientific and technological fields by offering a number of training, management development and accounting programs to contribute to the economic development in Arab countries.  

According to the MoU, the two parties will cooperate in holding training courses and workshops related to the fields of joint interest, particularly in launching the certificate of International Public Sector Accounting Standards (IPSAS) Expert with a training course on how to better understand the Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities in the Arab countries.

Furthermore, Dr. Abu-Ghazaleh, founder and chairman of IASCA, highlighted the importance of the memorandum in exchanging professional expertise and qualifying the administrative leadership through development programs in the financial Arabic market.

For his part, Dr. Sami Kreishan, the Director General of the Center, expressed his gratitude for signing the agreement which reflects the vision of HE the Ambassador Mohammad Rabie, CAEU Secretary General, by providing the opportunity for exchanging information, studies, reports and research, in addition to holding training courses, workshops, seminars and conferences as well as exchanging multimedia and global publications that benefit the Center and IASCA affiliates.  

The Council of Arab Economic Unity was established in 1964. It aims at establishing a comprehensive economic unity among the Arab League countries.