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Noor Bank to Support Arts and Design Component of Global Islamic Economy Summit 2016
Dubai, UAE – Noor Bank has committed its support for the second consecutive year, to the unique art and design exhibition that will form an important component of the upcoming edition of the Global Islamic Economy Summit (GIES 2016), held in partnership with Thomson Reuters.
GIES 2016 is scheduled to run at the Madinat Jumeirah under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai from 11-12 October.
The landmark summit is anticipated to convene more than 2,000 policymakers and business leaders from across the Islamic world, to discuss key developments and progress in the important Islamic economy sector.
Speaking on the bank’s participation in GIES 2016, Hussain Al Qemzi, CEO, Noor Bank, said: “We are pleased to once again reiterate our support as Official Arts and Design Sponsor of the distinguished Global Islamic Economy Summit. The event in its previous two editions, has provided a significant platform to develop and participate in thought-provoking discussions around the global Islamic economy.
“As a full-service Shari’a-compliant bank committed to supporting the Islamic economy, this event deeply resonates with Noor Bank’s core values. We look forward to showcasing the increasingly popular Islamic Art and Design exhibition that will feature the signature art works of this year’s emerging artists alongside established names in the field.”
Noor Bank was recently named Best Islamic Bank in the UAE by New York based Global Finance magazine at its annual World's Best Islamic Financial Institution Awards 2016. The win acknowledged Noor Bank’s strong growth during 2015 and sustained emphasis on innovation to benefit its multicultural customers.
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About Noor Bank
Noor Bank began operations, in Dubai, in 2008, as Noor Islamic Bank. It is a full service bank delivering the broadest range of products for its customers, with an emphasis on unique and personalised service. Noor Bank is governed by the Shari’a Supervisory Board, comprising of leading Islamic scholars, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters. Noor Bank is rated “A-” IDR with a stable outlook by Fitch Ratings. The corporate shareholders of the Bank are The Office of the Crown Prince of Dubai (25.73%), the Investment Corporation of Dubai (22.71%) and the Emirates Investment Authority (4.7%). The remaining shares are beneficially held by individuals who each own less than 5% of Noor Bank. For further details, please visit: www.noorbank.com or call 800 6667.
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