DIB receives Human Resources Award from EIBFS in recognition of its Emiratisation achievements

Dubai, UAE; February 20, 2013

Dubai Islamic Bank (DIB) recently signed a Memorandum of Understanding (MoU) with the Emirates Institute of Banking and Financial Studies (EIBFS) at the National Career Exhibition in Sharjah, held under the patronage of His Highness Sheikh Dr. Sultan Bin Mohammad Al Qassimi, Member of the UAE Supreme Council and Ruler of Sharjah.

Both EIBFS and DIB will launch this new initiative, in partnership with The National Human Resource Development and Employment Authority (TANMIA). Under the terms of the MoU, DIB will recruit and train 60 UAE Nationals as part of the EIBFS's new "MASRAFI" Emiratisation initiative, as well as host regular open days for job seekers interested in a career in financial services.

DIB's participation in the 15th National Career Exhibition in Sharjah is part of a wider series of initiatives under which the bank is actively supporting 2013 as the year of Emiratisation, in line with the UAE Government's direction to make Emiratisation a national priority at all levels.

"As the UAE economy strengthens, this year's National Career Exhibition is one of the busiest as talented young people come together to map out their future careers," said Obaid Al Shamsi, Chief of Human Resources, Dubai Islamic Bank. "We are honoured to be the first bank in the UAE to support the MASRAFI initiative through which we will recruit, train, counsel and monitor 60 UAE nationals. Thanks to the major investment of the UAE government into education, the country's employers are able to choose from graduates of exceptional calibre. This year, in response to strong growth across our operations, DIB intends to fully utilise that talent pool by recruiting Emirati graduates to fill key roles within the bank."

Recognising DIB's achievements in Emiratisation, the bank received the Human Resources Award from EIBFS on the sidelines of the National Career Exhibition. Talking about the award, Al Shamsi added: "The recognition from EIBFS is welcome and a testament to the work undertaken by the bank".

Being held over three days starting 20th February 2013, the National Career Exhibition is open to Emirati graduates, post-graduates and professionals seeking employment, training and internship opportunities. With more than 18,000 visitors attending each year, it has become a key component of DIB's strategy to recruit talented UAE Nationals. 

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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 and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed 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. The bank currently operates 75 branches in the UAE.

DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which has a network of 93 branches across 30 major cities in Pakistan. DIB has also started operations in Jordan, with the establishment of Jordan Dubai Islamic Bank.

Alongside its accomplishments as a commercial organisation, DIB has always recognised its wider role in society. The bank supports the communities in which it operates through the DIB Foundation, a non-profit social, humanitarian and charitable organisation which distributes millions of dirhams to good causes at home and abroad each year.

DIB has earned the respect of its peers around the world for many years, and its leading position has been reaffirmed by the 92 local, regional and international accolades that it has won between 2008 and 2012. DIB has won awards across diversified areas, including retail, corporate and investment banking, as well as CSR and consultancy services. The bank's most recent awards include being named "Best Islamic Bank, UAE" by World Finance and Banker Middle East magazines, "Best Distance Banking Service" (Electronic Banking Services) by Banker Middle East, and being named among The Banker's "Deals of the Year for 2012."

For further information, please contact:
Liam Turner / Tameem Alkintar
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-4507600
Fax: 971-4-4358040
Email: liam.turner@bm.com / tameem.alkintar@bm.com  

© Press Release 2013