GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share

New Emiratisation program launched to support nationalisation strategies in banking industry

Dubai, UAE, 11 December 2017:  The UAE Financial Markets Association has announced a new Emiratisation Optimal Performance Scheme to encourage and support the local banking industry in implementing efficient nationalisation strategies.

Launched this week (10 December) at an event in the H Hotel, Dubai in the presence of VIP government authority representatives, UAE bank CEOs and senior finance professionals, the programme's overarching aim is to help the industry work together to create a better future for the UAE.

Within the presence of various banks from UAE, the event tackled the importance of hiring and retaining nationals, the challenges facing Emiratisation, the quality of nationalisation processes as well as the positive effect of nationalisation in treasury and capital markets. 

Mohammed Al Hashemi, Chairman of the UAE Financial Markets Association, said: “We identified a strong demand for a scheme of this kind here in the UAE after speaking to our UAE FMA members and we have observed that they want to employ more UAE nationals but are often experiencing numerous hurdles in doing so.

“In line with the UAE Vision 2021, we want to help increase Emiratisation in the banking sector specially treasury and capital markets department.  Our aim at the UAE Financial Markets Association is to facilitate the connectivity between local and international financial bodies, as well as the sharing of ideas and knowledge and we believe this scheme will support our members in hiring qualified UAE Nationals.”

The launch comes quickly off the back of last month's 42nd ICA Conference, successfully organised by the UAE Financial Markets Association in collaboration with the International Cambist Association (ICA), which welcomed hundreds of locals, regional and international bankers, traders, treasury managers and finance professionals to Dubai.

The programme will cover career planning, training and coaching, corporate social responsibility and it will provide yearly award for best scored bank. The implementation of the initiative will begin in January 2018, and will focus on the productivity of UAE nationals in the long term, working in the treasury and capital markets throughout the Emirates. 

The UAE FMA was established in December 2011 with the aim to be the connection body between the financial sector in the UAE and the regulatory authorities, as well as to raise awareness on how important the treasury and global markets are. It is focused on providing certifications in the treasury field, providing fundamental or technical trainings, and it is the only body that provides ACI certified trainings.  Furthermore, the Association builds a solid foundation of knowledge about the treasury market and prepares Emirati candidates to enter this field.

The Emiratizations Optimal Performance scheme will be available to all UAE Financial Markets Association members.



Posted by : GoDubai Editorial Team
Viewed 4313 times
Posted on : Monday, December 11, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Noor Bank Bags Critics' Choice Best Islamic Retail Banking Brand Award for Second Consecutive Year
Next Story : Coca-Cola launches smartwater in the UAE at SoleDXB
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA
Introducing the GUESS Jeans Fall 2018 Collection
Cerruti 1881 MOLVENO timepiece and cufflinks
Build Your Perfect Skincare Routine with Essentials from Glambeaute.com
Hour Choice presents Coach Astor Collection
Nazih Introduces New Dr. Renaud Skincare Range
Carl F. Bucherer Presents Adamavi Collection
Business Wear by Hugo Boss
Head to Modhesh World for Summer Fun Before the School Run
Five Awesome Reasons to Visit LEGOLAND® Dubai During the Eid Al Adha Holiday
The new Rado HyperChrome Chronograph in bronze and high-tech ceramic
Back-to-School Shopping Made Easy with SOUQ.com
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital
Spectacular live entertainment for the entire family at Majid Al Futtaim malls i...
Eid Gift Guide 2018
The Marriott International cyclist team completes 600km R2A cycle challenge
New Addition to the HUAWEI Nova 3 Series: On-trend and fashionable HUAWEI nova 3...
Eberhard & Co. immortalizes a legend
Trend Alert! Clueless About Plaid? kate spade Found Fresh Ways to Showcase the G...
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this S...
The Moon Collection From Lacoste
OMEGA Showcases its Passion for Golf at the 2018 PGA Championship
‘The Little Things' That Makes Summer All The More Enjoyable
Big Android Breakthrough: Huawei's power packed GPU Turbo upgrade will turn you...
XTouch Announces the Launch of the Robot Family Range of Rugged Mobile Phones
American Eagle Takes It to the Ne(X)t Level With Fall Jeans Campaign
du LaLiga HPC Top Talents Arrive in Spain for 21-day Annual Scouting Camp
Let your kids enjoy some dancing at James & Alex Dance Studios
FREE DANCE WEEK is back at James & Alex Dance Studios
The new Hamilton Khaki Field Mechanical
Why Are Chipmakers Making Smaller and Smaller Processors?
VIP Golf Austin Offers Golf Packages For the Avid Tourist
Raymond Weil unveils a new collaboration with Marshall Amplification
Chronoswiss Limited Edition of Flying Grand Regulator Skeleton
Eyesight restored in a rare case of Optic Neuritis
Aperitivo di Ferragosto
Dubai Tourism Publishes ‘12 Steps Towards Sustainability' Manual to Guide Hotels...
LG to Introduce Advanced Stylers With Ai Voice Recognition and Mirrored Glass De...
Samsung Launches the Galaxy Note9 in the UAE
Free Wellness Workshop to address Physical and Mental health issues
Aster Disaster Support Team mobilized to help Kerala flood victims
Department of Culture and Tourism – Abu Dhabi brings excitement to children at S...
Mohamed Bin Zayed Majlis for Future Generations Announces its Second Edition
Carried out by Kalimat Foundation for Children's Empowerment
Freight Growth Slowdown Continues In June
DXC Technology and Amazon Web Services (AWS) Collaborate to Modernize IT Service...
RERA Partners with CBD to Offer Escrow Services for Owners' Association
Secondary Infertility: A Confusing & Emotional Ride Affecting Millions of Women
Turkish Airlines posted USD 258 million Operating Net Profit in the first half o...
Baroncelli Big Date collection from Mido