SABB Academy graduates 130 trainees in second batch

Updated 23 February 2018
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SABB Academy graduates 130 trainees in second batch

SABB Academy recently celebrated the graduation of the second batch of diploma and bachelor graduates from different regions of the Kingdom.
One hundred and thirty trainees participated in the three-month program, which began in last October.
“SABB Academy seeks to qualify trainees and help them to increase their chances of finding jobs suitable for their qualifications and potential in the labor market through advanced and intensive training courses, in cooperation with specialized training centers offering a number of skills such as self-development, communication skills, customer experience, banking services, compliance and anti-money laundering, as well as the development of English language and computer skills over a period of three months in Riyadh, Jeddah and Dammam,” a press release said.
All trainees will receive financial rewards and professional certificates accredited by the banking institute, which is under SAMA, when the requirements of the course are completed.
The SABB Academy is part of the bank’s community development projects, and one of the Saudi British Bank’s initiatives to support the Saudi Vision 2030.
It seeks to support youth aspirations, which are the cornerstone of success, and help them in developing their skills and abilities to achieve a better future and job opportunities that match their qualifications and ambitions.
SABB Academy has graduated 114 trainees in its first batch. A career day for graduates was organized and many local leading banks and companies were invited to offer jobs to the graduates. The academy has received wide acceptance from the applicants as well as specialists in the banking sector.
The academy said it will continue to provide its programs as per the requirements of the labor market.


ADIB becomes first bank to join UAEIIC

Updated 23 June 2018
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ADIB becomes first bank to join UAEIIC

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has joined the UAE International Investors Council (UAEIIC), making it the first bank in the UAE to become a member in the council. This comes following an approval from the board of directors of the UAEIIC, headed by Sultan bin Saeed Al-Mansoori, UAE minister of economy.

Through this membership, ADIB will join government decision-makers, locally and internationally, with the support of the UAE’s minster of economy, to help remove obstacles, strengthen foreign investment relations and support sustainable economic development.

Khamis Buharoon, vice chairman and acting CEO at ADIB, said: “We are proud to be the first bank to join the UAE’s Investors Council. We are also committed to the development of Emirati investments, which are critical to economic diversification and the UAE’s global economic competitiveness. Important measures have already been taken to secure support and protection and to overcome any challenges faced by Emirati investors abroad, and we look forward to playing an instrumental role in building on these efforts.”

He added: “The establishment of the UAE International Investors Council forms part of broader efforts to advance economic diversification policies that complement the expansion and growth of the UAE’s private sector as well as create a favorable environment that supports national companies investing abroad. The council provides a vital link between investors interested in promising opportunities available in countries with close ties to the UAE and governmental and semi-governmental entities to streamline the investment process. It also serves as a pillar for ensuring the protection of UAE capital abroad through advice, guidance, and logistic support.”

Jamal Saif Al-Jarwan, secretary-general of the Emirates Council for overseas investors, said: “We have the honor to join Abu Dhabi Islamic Bank as an active member of the council, which contributes to enhancing the role of the council’s working environment to support the state’s economic development and to keep pace with developments in the economic, investment and banking sectors in general, since the measure of success depended not only on financial results but also on how it dealt with the needs changing markets, innovative and sophisticated solutions that keep pace with rapid global changes and shifts in those sectors.”

He added: “Emirati investment abroad plays a vital role in more than 70 countries in the world and has a great impact on the soft and reputed power of our young state in the world, which is a great achievement and a strong demonstration of the path of investment of the Emirati investors in the right direction.”