Along with the doubled growth of the exhibition over last year, Careers UAE has witnessed a significant increase in the participation from companies and top names of the Financial Services and Banking sector.
His Excellency Dr. Omar bin Sulaiman, Governor, DIFC said: "The UAE is focusing on the growth of a full fledged knowledge economy, that will meet the demands of the growing local and regional financial services industry. The DIFC is supporting the development of the knowledge economy to serve the significant demand for professionals amongst regional and international stakeholders, particularly in the financial services sector in the region. The DIFC reiterates its commitment to developing human resources, and creating a framework that facilitates the transfer of know-how and knowledge to the region on a sustained basis. Our participation at Careers UAE 2007 will enable us to focus on the development of our national human capital, which will lead to the growth of the region as a whole."
For talented UAE Nationals looking to jumpstart their careers in the UAE's booming financial sector, Careers UAE 2007 will give them direct access to International Banks such as Standard Chartered and HSBC as well as local banks like Abu Dhabi Islamic Bank and Dubai Islamic Bank who continue to sponsor and support Careers UAE because of the high calibre of proficient Nationals that Careers UAE attracts. Almost all the exhibitors at previous editions of Careers UAE have hired top National talents directly as a result of partnering with DWTC at Careers UAE.
Nabil M Ramadhan, Chief Human Capital Officer, DIFC said: "One of the strategic objectives of the DIFC is to create opportunities for young UAE nationals in the financial services sector both globally and in the region, thereby enabling them to contribute to the economic development in the country. DIFC's participation at Careers UAE this year, will offer excellent opportunities for growth for our national youth. In this, we will be supported by significant representation form our international partners, who are keen to tap into local talent and thus strengthen the growth of the financial services sector in the region."
According to Ms Aida Saleh, Head of Emiratisation - UAE at Standard Chartered Bank, "Under the aegis of HH Sheikh Mohammed bin Rashid Al Maktoum, the UAE Vice President, Prime Minister and Ruler of Dubai, the UAE government has been putting emphasis on Emiratisation since 2004. As such, Standard Chartered has met the 38% quota of Emirati staff members set by the UAE government for year 2006. Standard Chartered has committed to reach 42% by Q4 2007."
Standard Chartered Bank (SCB), as an exhibitor at Careers UAE, uses this opportunity to generate awareness relating to the work culture at SCB. In addition, SCB provides detailed information, on a one-to-one basis, regarding career prospects as well as the training and development programmes SCB offers qualified UAE nationals interested in forging a career in banking and finance.
Ms. Aid Saleh continued, "Standard Chartered has also recently introduced the Al Tahadi Scholarship programme. This is targeted to UAE Nationals at University. The Bank offers financial support to students to complete their studies upon which time they have a guaranteed job position with the Bank. In Q4 2006, we inducted 137 nationals into this programme. Standard Chartered believes this will help develop the local workforce and ensure that the banking sector is at a level comparable to other leading financial markets in the world."
Open exclusively for UAE Nationals, Careers UAE 2007 will take place from 13 - 15 March 2007 and is open from 10 am to 8 pm daily. The event will be held in Halls 1 & 2 and Zabeel Hall at the Dubai International Convention and Exhibition Centre (DICEC).
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Financial services sector a big draw for UAE Nationals
- United Arab Emirates: Tuesday, February 27 - 2007 at 13:52
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The 7th annual Careers UAE, organised by Dubai World Trade Centre (DWTC) from 13 - 15 March 2007, will be the ideal venue for UAE Nationals to meet with recruiters and managers from the world's leading banks and financial institutions based in the United Arab Emirates.
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About Careers UAEThe 7th annual Careers UAE Exhibition is held at the Dubai International Convention and Exhibition Centre, from 13 - 15 March 2007. The exhibition is organised by the Dubai World Trade Centre, with the official support of the Ministry of Labour, and in partnership with TANMIA, Emirates Nationals Development Programme (ENDP), Higher Colleges of Technology, Zayed University and UAE University.
Careers UAE is a high-caliber event that enables talented UAE nationals in all fields to meet directly with recruiters and hiring managers from top employers. Careers UAE was designed to expose job seekers to various training and career opportunities. Take advantage of Careers UAE for exciting networking possibilities, career leads, learn about various companies, meet employers, and to apply for job positions and internships.
Summary Facts
Dates: 13 - 15 March 2007
Venue: Halls 1 & 2 and Zabeel Hall, Dubai International Convention and Exhibition Centre (DICEC)
Number of Exhibitors: more than 150
Growth in Exhibition Space: 90%
Officially Supporter: Ministry of Labour
Sponsors:
Platinum Sponsor - Department of Tourism and Commerce Marketing
Gold Sponsors - Standard Chartered, Abu Dhabi Islamic Bank
Silver Sponsors - Dubai Islamic Bank, HSBC, Al Khazna Insurance Company
Partners: Tanmia, Emirates National Development Programme, Higher Colleges of Technology, Zayed University, UAE University
Associate Partner: Dubai Quality Group
Media Partner: AMG
About Dubai World Trade Centre (DWTC) www.dwtc.com
As the organiser of Careers UAE, Dubai World Trade Centre offers over 27 years' experience of delivering world-class events in the Middle East, providing local, regional and international exhibitors with unmatched expertise and in-depth market knowledge. Our team organises 15 of the largest and most successful international and regional shows in Middle East, providing an ideal platform for business development in the region.
Our commitment to ongoing innovation within the exhibition industry has supported the rapid growth and development of a wide range of business-to-business and business-to-consumer shows, and delivered consistent satisfaction to exhibitors and visitors. DWTC works the region's leading trade bodies and industry associations to ensure that all conferences deliver full value and are built upon the real needs of their specific sector.
About the DIFC
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centers of Hong Kong and London and services a region with the largest untapped emerging market for financial services.
In just under two years, over 335 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.
The DIFC is made up of the following core bodies:
1. The DIFC Authority (DIFCA) - Responsible for the Companies and Security Registries and attracting financial as well as non-financial institutions to set up in the DIFC. The DIFC Authority is also responsible for developing the financial services industry. (www.difc.ae)
2. The Dubai Financial Services Authority (DFSA) - An independent, unitary regulatory authority, responsible for the regulation of all DIFC operations. Its principle-based primary legislation is modeled on that used in London and New York and its regulatory regime operates to standards that meet or exceed those in major financial centers. (www.dfsa.ae)
3. The DIFC Courts - An independent court system set up to uphold the provisions of DIFC laws and regulations, the courts provide comprehensive legal redress in civil and commercial matters within the DIFC. The DIFC Courts system is especially designed to deal with all of sophisticated transactions that will be conducted within DIFC. The DIFC Court laws, based on the common law, not only sets out the jurisdiction of the court but also provides for a dispute resolution services, including arbitration and mediation, thus allowing for the independent administration of justice in the DIFC. ( www.difccourts.ae)
DIFC Investments- The creation of DIFC Investments will result in the allocation to it of all non public administration activities previously carried out by DIFC Authority. This will include amongst other things all commercial and other activities such as the operation and management of any current and future subsidiaries, the development of the centre's investment strategy and relevant policies and any other strategic investments or alliances which will further the goals and objectives of the Dubai International Financial Centre and contribute to the fulfillment of the Centre's vision. Some of the companies and organizations that DIFC Investments owns include:
1. The Dubai International Financial Exchange (DIFX) The DIFX is the region's first international financial exchange for equities, bonds, Islamic products, funds, index products and (subject to regulatory approval) derivatives. The target areas of the DIFX for seeking issuers include the Middle East and North Africa, as well as South Africa, Turkey and the Indian sub-continent. The regulator of the DIFX is the Dubai Financial Services Authority. The DIFX is located in the Dubai International Financial Centre (DIFC) and its owner is the DIFC Authority. (www.difx.ae)
2. Hawkamah- the first Institute for Corporate Governance in the region, has been established in partnership with a group of international institutions, including the Dubai International Financial Centre (DIFC), Organisation for Economic Cooperation and Development (OECD), UAE Ministry of Finance and Industry, Centre for International Private Enterprise (CIPE), International Finance Corporation (IFC), the Union of Arab Banks (UAB), Dubai School of Government (DSG), Young Arab Leaders (YAL), and the Institute of Management Development (IMD). (www.hawkamah.org) .
About Standard Chartered Bank (SCB) www.standardcharteredbank.ae
Standard Chartered Bank (SCB) is an international bank with a global network of more than 600 offices in 50 countries. SCB commenced operations in the UAE in 1958 and currently enjoys the distinction of having the most extensive network among foreign international banks with 10 branches emirate-wide. SCB offers a range of products and services for personal customers, local companies, multinational corporate and financial institutions.
For more information, please contact:
Dennis Alphonsus
Content Syndicate
Tel: (+9714) 335 9267
Joyce Lau
Dubai World Trade Centre
Tel: (+9714) 308 6183
Lara Lynn Golden, News EditorTuesday, February 27 - 2007 at 13:52 UAE local time (GMT+4)
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