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Amlak Finance wins Dubai Human Development Appreciation Award
- United Arab Emirates: Thursday, May 01 - 2008 at 12:52
- PRESS RELEASE
The Dubai Human Development Award (DHDA), part of the Dubai Quality Awards and managed by the Department of Economic Development, honored Amlak Finance, the largest real estate financier in the Middle East, at a ceremony held in Dubai on April 29, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
He added, "Amlak Finance has embarked on a strategic Emiratization plan since December 2005 in translation of His Highness Sheikh Mohammed's guidance to facilitate and support the integration of UAE Nationals into the private sector."
Amlak's top management has expressed total commitment and worked on a comprehensive Emiratization program by ensuring that every department head develops existing staff to their full potential and that UAE Nationals are given priority in recruitment.
Receiving the award trophy and certificate of appreciation on behalf of Amlak, Mr. Ali Al Naqbi, Senior Vice President, Amlak Finance, said: "We continually work on safeguarding and developing our human resources. Our policies and procedures were engineered to increase the efficiency and positioning of our National human capital, and I am confident that Amlak will continue to bring onboard the highest caliber in the industry."
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Notes and media contacts
For Further information, kindly contact:contact company:
Samer Renno, CEO/Managing Director
Renno Communications Group (Public Relations)
telephone: +971509561516
About Amlak Finance PJSC:
Established in 2000 as the first and principal expert advisor in home finance, Amlak Finance PSJE ('Amlak') was shortly thereafter listed on the Dubai Financial Market in 2004. Today the company is the largest real estate financier in the Middle East. Amlak is proud to have been the first specialised home finance provider in the UAE and continues to be a leader in the industry by retaining the biggest market share, according to released financial reports in 2007. In addition, Amlak is considered the largest finance company among the publicly traded companies in the UAE.
The company's core activity is offering medium to long-term financing solutions for residential and commercial properties in a number of emirates in the UAE. While real estate financing and real estate investments remain Amlak's core business, the company is continuously developing innovative products to meet customer demands and market conditions through financing solutions, real estate management as well as complete solutions for major real estate developers.
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Posted by Anne-Birte Stensgaard, Senior News Editor
