Babson College, the US business school most noted for entrepreneurship, is to advise the Abu Dhabi Chamber of Commerce on its plans to set up its own business school, the Abu Dhabi School of Management (ADSM).

ADSM hopes to become the leading institution in the Gulf region and potentially the wider Middle East, for training entrepreneurial managers.

Babson will act as consultants to help establish and manage the school. This will include issues such as the design of the curriculum and faculty hiring and development. In addition ADSM will be a founding member of Babson’s Global Consortium for Entrepreneurship Education, a group of institutions that share Babson’s views on education and entrepreneurship.

Magdi Hafez, president and chief executive of the United Arab Emirates Academy said the partnership “will enable us to fulfil our vision for Abu Dhabi – to develop and nurture entrepreneurship in my country and to create a model for the Middle East. We couldn’t have a better partner than Babson and I am convinced that it will lead to new hope and opportunity for millions of people in Abu Dhabi and the region.”

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