The exhibition is organised by the Dubai World Trade Centre, in conjunction with TANMIA, Ministry of Labour, Emirates Nationals Development Programme (ENDP), Higher Colleges of Technology, Zayed University and UAE University.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Prime Minister and Vice-President, and Ruler of Dubai, introduced the event. Sheikh Mohammed also visited the DIB stand at the exhibition, where he was briefed by Khaled Al Kamda, Group Managing Director and Chief Executive Officer of DIB, and Rafia'a Al Abaar, Head of Emiratisation at DIB, on the bank's latest achievements in the area of Emiratisation.
More than 500 UAE Nationals visited DIB's pavilion at the exhibition and submitted job applications to work with Dubai Islamic Bank.
Commenting on the response, Al Abaar said: 'The bank's participation in 'Careers UAE 2008' comes in line with its vision of supporting Emiratisation policies and encouraging Nationals to work with the bank. Dubai Islamic Bank has long been working to spread awareness about the Islamic banking industry to the public and the services DIB offers.'
She added: 'The exhibition is considered a unique opportunity for young Nationals for it outlines the market requirements for skills and experience, thus positioning the exhibition as a focal point for companies and institutions that are willing to participate in the Emiratisation process.'
She highlighted that fact the exhibition was able to put together domestic and foreign banks that are major partners in the development and recruitment process taking place in the UAE. She added: 'These institutions play a dynamic role in training aspiring Nationals, especially by providing training and development courses that help elevate the efficiency and productivity of the this vital segment of the workforce.'
DIB witnesses overwhelming response at Careers UAE 2008
Dubai Islamic Bank (DIB) witnessed an overwhelming response from UAE National students during the first day of 'Careers UAE 2008', held from April 15-17, 2008, at the Dubai International Convention and Exhibition Centre.
- United Arab Emirates: Wednesday, April 16 - 2008 at 14:12
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| His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Prime Minister and Vice-President, and Ruler of Dubai, visiting the DIB stand in the presence of Khaled Al Kamda, Group Managing Director and Chief Executive Officer of DIB, and Rafia'a Al Abaar, Head of Emiratisation at DIB. |
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About Dubai Islamic Bank:Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices. DIB is a public joint stock company and its share is quoted on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. In a very short space of time it has created market leading services and products that are setting benchmarks for the rest of the sector.
The bank reported Dhs2.51bn in net profit for the year ending December 31, 2007, rising by 61 per cent compared to Dhs1.56bn for 2006. The bank recorded a total revenue of Dhs7bn for 2007, rising by 46% compared to Dhs4.8bn for 2006. Total assets in 2007 reached to Dhs84.3bn, an increase of 31% compared to Dhs64.4bn in 2006.
DIB set a world record by raising a $3.52bn sukuk for the Nakheel Group. This sukuk adopted a structure never used before in Islamic or conventional banking history. This Sukuk adopted a 1st of its kind structure never used before in Islamic or conventional banking history.
The bank has been proactive in creating partnerships and alliances at both the local and international level. DIB has adopted an aggressive expansion strategy, which started with the establishment of DIB Pakistan Limited, a wholly owned subsidiary of DIB. DIB opened its first representative office in Turkey to enhance its access to that market. DIB has also acquired a stake in Al Khartoum Bank and a stake in Emirates and Sudan Bank (ESB). These steps mark DIB's ambitious plans to roll out its operations into regional and international markets as part of its overall strategic plan.
DIB has won the respect of its peers around the world. The bank was recently named by Islamic Finance News the UAE's Best Islamic Bank. DIB has also received many awards from international organizations such as the prestigious 'Bank of the Year - UAE' award for 2006 by The Banker magazine and accolades from Euromoney. DIB has garnered the attention of international credit rating firms receiving ratings from Standard & Poor's and Moodys agencies.
For further information, please contact:
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ASDA'A Public Relations
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Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080
Posted by Lara Lynn Golden, News EditorWednesday, April 16 - 2008 at 14:12 UAE local time (GMT+4)
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Index : Event News : Careers UAE
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