9 Annual Report 2009 (Public Joint Stock Company) Head Office Deira‚ Dubai Festival City‚ Festival Tower‚ Floor 13 Tel: + 971 (4) 228 7474 Fax:+ 971 (4) 222 7321 Call Center “TAWASAL”: +971 4 316 0330 P.o. Box: 6564‚ Dubai‚ United Arab Emirates Website: www.emiratesislamicbank.ae k 9 Annual Report 2009 Table of Contents Vision & Mission Boards’s Message CEO’s Message Board of Directors The Management Team Board of The Directors’ Report Fatwa and Sharia Supervisory Board’s Report
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UAE‚ and his Highness Sheikh Mohammed Bin Zayed Al Nahyan Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Sheikh Mohammed Bin Rashid al Maktoum‚ UAE Vice President‚ Prime Minister and Ruler of Dubai. The United Arab Emirates is home to a rich cultural heritage that has been strongly influenced by the resourcefulness of its people who exploited the harsh environment of the region to the limit. This resilience‚ in the face of extreme hardship‚ was supported by society’s
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some differences. Kuwait and United Arab Emirates especially Dubai share many similarities also they have many differences. There are many similarities between Kuwait and Dubai. Both of them are Muslims and speak Arabic but they have different accent. The weather also is almost similar. It’s hot and humid in both countries. Kuwait and the United Arab Emirates are one of the richest countries in the world. Kuwait depends on oil‚ but United Arab Emirates Dependent on oil‚ trade and tourism in Dubai
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UAE CULTURE The culture of the United Arab Emirates has a diverse‚ cosmopolitan and multicultural society.[1] The country’s cultural imprint as a small‚ ethnically homogenous pearlingcommunity was changed with the arrival of other ethnic groups and nationals — first by the Iranians in the early 1900s‚ and later by Indians and Pakistanis in the 1960s. Dubai has been criticized for perpetuating a class-based society‚ where migrant workers are in the lower classes.[2] Despite the diversity of the
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Strengths | Weaknesses | Fast decision making | Negative image of the Middle East | Oil money‚ booming economy | Barren desert‚ the lack of natural resources | Political neutrality and impartiality | Only 20% of UAE nationals | Unique beauty‚ hotels and attractions | The lack of fundamental infrastructure: transportation‚ water | Luxury experience includes relaxing beaches and invigorating sport and exploration opportunities | Luxuries might appeal too small a segment
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1.1Background of the Company : - Abu Dhabi Islamic Bank (appr. ADIB) is an Islamic bank based in Abu Dhabi city‚ in the United Arab Emirates. Abu Dhabi Islamic Bank was established on 20th May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998‚ and was formally inaugurated by Abdullah Bin Zayed Al Nahyan‚ UAE Minister of Information and Culture on 18th April 1999. All contracts‚ operations and transactions
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* Give workers voice ( they still human) * Deports- workers make rumors in their country so the Embassy of workers will prevent workers from entering the United Arab Emirates for the non-acceptance give them due rights * Incentives and safe working conditions to prevent such demonstrations in the future (material losses and human casualties) * Hamad Al Suwaidi‚ undersecretary of the ministry for Labor Affairs: * During a seminar in Dubai on Wednesday‚ Suweidi said nearly
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The overall United Arab Emirates (UAE) economy The United Arab Emirates economy is one of a kind that is referred as an open economy. The economy has very high per capita income with substantial annual trade surplus. The economy’s GDP that relates to oil and gas output has so far reduced in percentage up to 25%. This reduction has been experienced due to the successful efforts made in diversifying the economy (Katzman‚ 2010). UAE for a long time in the past was known to be a poor economy characterized
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Ports There are various ports spread across the 7 emirates. Each emirate has port of different sizes catering to various types of businesses with somewhat different policies and tariffs. DP World is the largest marine terminal and port operator in the Middle East. Its portfolio includes Jebel Ali port‚ Mina Rashid‚ Fujairah container terminal and Mina Al Hamriya. Jebel Ali It has been named as the world’s most productive port in the latest report from the US-based Journal of Commerce (JOC).The
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visiting the modern wonder‚ Dubai. Since the United Arab Emirates were formed in 1971‚ Dubai has always been the most resourceful‚ united and modern of all. It has been very famous for a lot of tourist attractions like Burj Al Arab and Emirates towers. Additionally‚ the highest tower in the world‚ Dubai tower is currently being built and an above-ground metro is being designed for safe‚ fast transport around the city and its neighbouring Emirates. As I entered the city‚ many thoughts about where to
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