DIFC Pavilion to contribute towards creation of sustainable knowledge economy
The Dubai International Financial Centre (DIFC) today announced its plans to be an eminent participant at this year's Careers UAE 2008. At the fair, the DIFC community will offer a variety of employment opportunities available within the region's international financial centre community..
From its 900 square metre dedicated area, the DIFC pavilion, the DIFC community will offer individuals the opportunity to view the career opportunities and career development programmes on offer for UAE nationals at the DIFC and its financial community and will showcase the DIFC's role in developing the region as a hub for financial services.
Careers UAE is a high-calibre event that enables talented UAE nationals in all fields to meet directly with recruiters and hiring managers from top employers within the diverse number of industries in the UAE representing both Government and the private sector.
His Excellency Dr. Omar Bin Sulaiman, Governor of the DIFC said: "By establishing a key presence at the Careers UAE Fair the DIFC is once again reaffirming its commitment to the development of the region's knowledge economy. Through our participation we aim to encourage and inspire UAE Nationals to strive to reach their potential and contribute to the future growth of the region's fastest growing sector, the financial sector. We welcome the support of some of the centre's key local and international financial institutions who are dedicated to working hand in hand with the DIFC to enhance the region's local human capital."
In keeping with these goals, the DIFC has partnered with Hewitt Associates, a leading global Human Resource Consulting firm, to profile UAE nationals attending the career fair. Upto 500 students will undertake an assessment exercise in order to map their capabilities and competencies against the skill sets desired by the financial services industry. This personalized report will significantly add value to students participating in Careers UAE as it will provide insights into career options that they might be suited for.
In addition to the DIFC's participation, the Centre also announced that a number of leading local, regional and international institutions within the DIFC community will join the DIFC at the pavilion to offer employment opportunities for UAE Nationals. These partners include HSBC, Deutsche Bank, Zaabeel Investments, Abraaj Capital, The Dubai Financial Services Authority (DFSA) and Rothschild.
Ricardo Honegger, Chief Country Officer for the UAE at Deutsche Bank said "Our participation in the Careers UAE 2008 comes as part of Deutsche Bank's commitment to contributing towards building the financial sector in its areas of operation. We believe that a direct manifestation of this contribution is through the building of local talent base that is well positioned to play an active part in the financial industry as Dubai and the region move at an accelerated pace to join the major financial centres of the world."
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About the DIFC
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services.
In just three years, over 550 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.
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 78,291 employees in 76 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people. www.db.com
About Deutsche Bank in the MENA region
Deutsche Bank's commitment in the MENA region is more than a century old, beginning with what is arguably one of the best known events in economic history: the construction of the Baghdad railway, in which Deutsche Bank participated as financier and operator.
Deutsche Bank opened its first office in Cairo in 1959, followed in the early seventies by an office in Bahrain. In 1999, Deutsche Bank embarked on a regional expansion drive across the GCC which began with the opening of an office in the UAE's Capital Abu Dhabi in 1999, followed by two offices in Dubai: a representative office inaugurated in 2001 and a branch at the Dubai International Financial Centre (DIFC) in 2005. In April of 2006, Deutsche Bank opened a branch in the Kingdom of Saudi Arabia, in the capital Riyadh. Most recently in January of 2007, Deutsche Bank received a license from the Qatar Financial Centre Authority to operate from there.
Deutsche Bank AG in the MENA region offers the full range of investment banking, asset management; private wealth management; and global transaction banking services.
Deutsche Bank's AG is well recognized for its leading role on some of the most prestigious regional transactions. The Bank is the recipient of several awards for its activities in Islamic Finance; and was proclaimed in 2007 as the Best M&A Bank in Middle East & North Africa by Global Finance World.
For more information please contact:
Amira Abdulla
PR Manager
Dubai International Financial Centre
Tel: +971 4 362 2433
E-mail: amira.abdulla@difc.ae
Iman Ahmad
Regional Media Relations Manager
Dubai International Financial Centre
Tel: +971 4 362 2685
Email: iman.ahmad@difc.ae
© Press Release 2008
