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Financial Services Sector a Big Draw for Nationals from UAE - Increase in number of financial institutions and banks at Careers UAE 2007 testament to the number of qualified UAE Nationals eager to build a career in this vibrant industry
Financial Services Sector a Big Draw for Nationals from UAE

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2007/03/05 - Increase in number of financial institutions and banks at Careers UAE 2007 testament to the number of qualified UAE Nationals eager to build a career in this vibrant industry.

   
 
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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. 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 Nationals from UAE

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