2nd China-UAE Conference on Islamic Banking & Finance

Conference on Islamic Banking & Finance explores international cooperation in support of ‘One Belt, One Road’ initiative
USD 2.3 trillion Islamic economy is a pivotal player
Dubai’s experience in Islamic Economy will drive the revitalization of the Silk Road connecting Asia & Europe
UAE, September 12, 2017- The Dubai Center for Islamic Banking and Finance in Hamdan Bin Mohammed Smart University (HBMSU) and the Dubai Islamic Economy Development Centre has successfully concluded the 2nd China-UAE Conference on Islamic Banking and Finance. The two-day event held in Shenzhen, China formed part of efforts to drive economic growth and comprehensive development through the Islamic economy, in line with the objectives of the ‘One Belt, One Road’ initiative. It was organized in cooperation with China Islamic Finance Club, ZhiShang Intercultural Communication, and Knowledge Partner Thomson Reuters.

 

 

This year’s main conference theme of ‘Islamic Finance: Paving the Way for the Belt and Road Initiative’ provided a strategic international platform for exploring ways to enhance financial and economic integration and strengthen the historic economic relations between the European and Asian markets linked by the Silk Road, in line with the objectives of the ‘One Belt … One Road’ strategy. The event included in-depth discussions on promoting constructive dialogue among economists, bankers, decision and policy makers, investors and stakeholders of the Islamic economy. Talks focused on reviewing emerging challenges and prospects for enhancing the role of Islamic finance in achieving the goals of the ambitious Chinese initiative. The leading experience of Dubai in developing the Islamic economy into a comprehensive system and a key driver for international development was tackled as well.

 

 
Dr. Mansour Al Awar, Chancellor of HBMSU, noted that the 2nd China-UAE Conference on Islamic Banking and Finance complements the successful cooperation between the UAE and China by exploring new prospects for harnessing Islamic finance to drive economic development, in light of the growing role of the Islamic economy – estimated to be currently worth USD 2.3 trillion –as a main driver for the growth of the global economic system.
He said: “The conference is inspired by the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to transform Dubai into a global capital for the Islamic economy, under the supervision of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Crown Prince of Dubai and President of HBMSU, who is leading the development of the sector in line with the requirements of this era and the emerging post-oil economy.”

 

 
Professor Nabil Baydoun, Vice Chancellor for University Advancement, HBMSU, said: “The forum was organized in line with ongoing efforts to share Dubai’s pioneering experiences at the global Islamic finance map. We highlighted the active role of Dubai and the UAE in accelerating regional and international development while focusing on their outstanding contributions to the revitalization of the Silk Road connecting Asia and Europe, in line with the ambitious Chinese ‘One Belt, One Road’ initiative. By attracting extensive high-level international participation, the event provided an ideal opportunity to develop proactive ideas and exchange effective strategies for maximizing the benefits of Islamic finance by implementing the ‘Belt and Road’ initiative to drive global development, stability and prosperity within the framework of fruitful partnerships between the public and private sectors.”
Commenting on the importance of the conference, Abdulla Mohammed Al Awar, CEO of the Dubai Islamic Economy Development Centre, said: “The second edition of this conference emphasized the confidence of government, the public and private sectors, and the world in the ability of the Islamic economy to contribute to the success of large-scale international projects such as the ‘One Belt, One Road’ initiative. The event provided a great opportunity for Islamic financial institutions and financial entrepreneurs engaged in various sectors to showcase their presence in major projects with the potential to reshape the global economy.”
“In addition to finance, the Islamic economy will contribute to the success of the ‘One Belt, One Road’ agenda through the implementation of standards and regulations which are now international requirements for ensuring sustainability, reducing risk, and realizing the social dimension of equitable and comprehensive development. The concepts of production and its related areas and sustainability on which the Islamic economy is based, have become vital to rationalizing and optimizing the consumption of resources to ensure a healthy global environment,” he added.
“Dubai will play a pivotal role in the ‘One Belt, One Road’ initiative given its success in strengthening its position as a cultural and legislative reference and a global incubator for the world’s largest and most important conventional and Islamic companies and institutions,” he concluded.
The 2nd UAE-China Conference on Islamic Banking and Finance was actively participated in by distinguished official spokespersons who included Chen Rugui, Mayor of Shenzhen, and H.E. Abdulla Bin Ahmed Al Saleh, the UAE Ministry of Economy’s Undersecretary for Foreign Trade and Industry. The agenda comprised a series of panel discussions moderated by key international figures such as Prof. Baydoun; Mr. Gao Lin, Vice Director, Shenzhen Municipal Commission of Economy, Trade and Information Technology, and Dr. Adnan Chilwan, CEO of Dubai Islamic Bank.
Other official spokespersons were Ms. He Qiaonu, Chairwoman of the Board, Beijing Oriental Landscape Environment Limited by Share Ltd; Prof. Cao Wenlian, Director General of the Chinese International Cooperation Center’s National Development and Reform Commission; Mr. Li Jinghe, Executive Dean of the Shenzhen Belt and Road Strategy, Institute for Economy and Trade; Dr. Hamed Merah, Secretary General of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI); and Dr. Sun Jie, a Researcher for the Chinese Ministry of Finance’s Financial Science Research Institute.
Also present were Mr. Redha Al Ansari, Research Team Leader for Capital Markets and Market Intelligence at Thomson Reuters; Mr. Khalid F. Howladar, Managing Director of Accreditus Dubai; Mr. Zhang Ji, Deputy Director of the Foreign Affairs Office of the General Office of the State Council.; Alberto Germani, Managing Partner of PMF Project Management and Finance; Farah Al Zarouni, Advisor at the International Halal Accreditation Forum (IHAF); Sanjeev Dutta, Executive Director for Commodities at the Dubai Multi Commodities Centre (DMCC); and Sofia Azmi, Chief Executive Officer of Edbiz Consulting Limited.

 

The conference agenda covered major issues affecting the Islamic finance sector. It highlighted the opportunities available for public and private entities to build strong partnerships for driving the Islamic economy’s growth. The current and future role of the Islamic finance sector of the UAE and the Arab World in general in achieving the goals of the ‘One Belt, One Road’ initiative was discussed as well.
 
 

Dubai Maritime Training Center establishes new standards of Maritime Vocational Training.

An Initiative of Dubai Maritime Creativity Lab
Innovative professional programs aimed at enhancing human resource investment and solidifying Dubai’s leading position in local and global maritime industry

October 17, 2015
Dubai, United Arab Emirates
The Dubai Maritime City Authority, the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, has lauded the operations of the Dubai Maritime Training Centre which represents a valuable addition to the initiatives aimed at enhancing the performance, safety and competitiveness

of the local maritime sector while also promoting the emirate as a leading global maritime hub. The Dubai Maritime Training Centre is an initiative developed by the Dubai Maritime Creativity Lab, which was launched earlier by DMCA. The centre work revolves around supporting the government’s efforts to introduce and position Dubai as a safe and sustainable maritime hub via the implementation of comprehensive set of world-class workshops and training programs.

H.E. Sultan Ahmed Bin Sulayem, Chairman of Dubai Ports, Customs and Free Zone Corporation and President of DMCA said, “The Dubai Maritime Training Centre represents an important step into achieving our vision of fully developing our maritime human resources segment, which is deemed as an essential element in promoting Dubai as a global maritime hub while also helping bolster the country’s economic sector and addressing its future needs. Implementing the centre’s training programs will allow us to equip a generation of human resources that can continue the current development of the local maritime sector and promote the emirate as a regional and international pioneer maritime center, in line with the vision and directives of the wise leadership.”
The Dubai Maritime Training Center is one of DMCA’s quality-focused initiatives, which aims to promote Dubai as an international maritime center by focusing on exchanging the latest industry information, introducing the latest practices and organizing international exhibitions, conferences and events, as well as improving training and education directed to those concerned with maritime matters. Considered as a leading drive for the development of human resource investment within the maritime sector, the Dubai Maritime Training Centre aims to collaborate with the best experts and pioneers to design and implement integrated training programs that address rapid international and regional changes and promote Dubai as a leading destination for maritime training and an attractive business environment for leading international maritime companies.

Amer Ali, Executive Director, DMCA, said, “The workshops and training courses introduced by the centre have been created based on highly accurate and comprehensive methodology, industry knowledge exchange and the integration of theoretic maritime education and practical training—ensuring highly positive results. DMCA has initiated a wide-scale plan to renovate and update training facilities and provide it with the latest world-class technologies and equipment in order to achieve the objectives of the Dubai Maritime Training Centre for the optimal investment in human resources. We are preparing a series of training programs specifically tailored to equip floating restaurant employees and owners of jet skis and leisure boats with the latest information and practical competency needed to insure highest safety levels. We are committed to expand the range of training programs to include all the needs of water sports enthusiasts and marine craft operation managers as well.”

ITIL – Foundation Certification Training in Dubai.

GraspSkills is introducing ITIL V3 foundation certification course.

Workshop city: Dubai (United Arab Emirates)
Workshop Date: 23-24 Oct-15 || Early bird date: 23-Sep-15
Course Overview: ITIL (IT Infrastructure Library) is globally recognized worldwide as best practice IT management service. The demands of high quality IT services has increased tremendously over the time in both commercial and non-proprietary organizations, thus, ITIL being the best practice IT service management, used by many organizations globally. More Details…
ITIL Foundation training and certification:course has become pertinent these days as the business have become more dependent on IT to meet their business requirements. ITIL Foundation Training covers ITIL basics and terminology which is a pre-requisite to all other ITIL high end qualifications.

This course equips a professional with basic aspects, concepts and terminologies of ITIL that are used in the ITIL Service Lifecycle. ITIL Foundation training includes the linkages between Lifecycle stages.

Foundation Level:
The purpose of the ITIL Foundation certificate in IT Service Management is to certify that you have gained knowledge of the ITIL terminology, structure and basic concepts and have comprehended the core principles of ITIL practices for Service Management. More Details…
After completing the ITIL foundation course and exam, you will have gained knowledge and understanding in the following areas:
  • Service management as a practice
  • The ITIL service lifecycle
  • Generic concepts and definitions
  • Key principles and models
  • Selected processes
  • Selected functions
  • Selected roles
  • Technology and architecture
  • Competence and training
Standard course fee:AED 4190, Early bird fee: AED 3490 (Exam fee included) More Details…
Kind Regards,

Syed Hawari:+61-290-370-232 / +44-20-3393-1350 /1-919-238-9981

PMP certification training in Dubai and Abu Dhabi.

PMP certification training in Dubai and Abu Dhabi. This training would be delivered by a global PMI REP (Registered Training
Provider) and comes with the required 35 contact hour certificate.

Training Schedule:
November ‘14 : 3-day PMP Prep Bootcamp: Nov 28, 29, 30 December ‘14 : 3-day PMP Prep Bootcamp: Dec 19, 20, 21
Şpecial training fee for pre-booking is USD 699.
Pre-book your enrolments for November and December on or before 25th
October’14 and şave USD 200 on USD 899.
Please respond if you are interested in this program. Appreciate if you could pass this on to others who may be interested in this training program.
Regards,
Fatima Ahmed

Workshop on Microsoft Project Professional 2010/13 in Dubai.

In this October, GraspSkills invites you to attend its Two Days Hands-on Training Workshop on Microsoft Project 2010/13.View more
Workshop City: Dubai, UAE
Workshop Date: 17-18 Oct-2014

Overview:

The workshop serves as a practical platform to learn the technicalities and working of Microsoft Project 2013 and focuses at making the participants learn the application of MS Project 2013 software towards effectual project management.
MS Project 2013 is designed to assist a project manager in developing a plan, assigning resources to tasks, tracking progress, managing the budget and analysing workloads.
Invest 2 Days in this training – Learn to unlock the full potential of the latest Project Management Software from Microsoft i.e. MS Project 2013.View more
Benefits of MS Project
  • Improved estimation
  • Greater control
  • Easier tracking
  • Better collaboration
  • Measuring results and comparing projects
Key Takeaways
  • Easy-to-understand Reference Handbook
  • Free MS Project 2013 Software – Trial Version
  • 24/7 Dedicated Customer Support
  • 45 PDUs claimable with PMI
  • 5 mock tests
  • Business tea and lunch
  • 120 days online training View more
Standard course price: AED 3390
Special Discount: 15% off on Standard Price
With regards,
Ahsan Sharif:Ahsan.Sharif@newmsprojectworkshop.com: +44-20-3393-1350 /1-919-238-9981 / +61-290-370-232

GraspSkills: # 56 Lawrence Road, East Ham, London UK E6 1JN

Effective Business Case Writing Workshop.

We (GraspSkills) are pleased to invite you to join our upcoming Instructor led 1 day workshop on Business Case Writing.

Location: Dubai, United Arab Emirates
Program date: October 11, 2014
Course overview:

It is generally acknowledged that the Business Case is probably the most critical document to be found in the Project Management Plan. Despite this there remains considerable confusion over why it is required, its content and who should create, approve and maintain it. Accordingly Business Cases are all too often poorly prepared, if indeed they are prepared at all.
The purpose of this workshop is to develop a detailed understanding of this critical document. The workshop will ensure delegates can create and use the Business Case, in practical terms, to ensure the right projects are approved and also guide their actions in effectively managing any size or complexity of project. 
Course Includes:
  • Introduction, Overview, Examples of scenarios
  • 7 step process model for business case writing
  • Cost & benefit analysis
  • Typical business case template & checklist
  • How to prepare business case?
  • Business case writing skills, Trends, practices, principles, Errors
You will get:
  • Hard copy of course material
  • PMI approved 8 PDU/Contact hours certificate
  • Business Tea & Lunch
  • Post training support
Location: Dubai, United Arab Emirates
Program date: October 11, 2014
Duration: 1 day (8 hours)
Program fee: AED 1990 (Early price) per person will expire on 01-Oct-14 (Standard price: AED 2590)
Next schedule: December 13, 2014
Contact person: Khawaja Ali
Contact numbers:  +44-20-3393-1350/ 1-919-238-9981/ +61-290-370-232
Looking for an in house, please feel free to contact us.

Grasp Skills: # 56 Lawrence Road, East Ham, London UK E6 1JN

Al Ansari Exchange donates AED 250,000 to Al Noor Training Center for Children with Special Needs.

 Funds to enable development of enhanced facilities in providing multi-disciplinary programs for Special needs children
  
[UAE, July 19, 2014] – In line with its Corporate Social Responsibility (CSR) program, Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has donated AED 250,000 to Al Noor Training Center for Children with Special Needs, a Dubai-based non-profit organization for children with Special needs between the ages of 3 and 18. The donation will enable the center to offer enhanced and improved facilities in providing multi-disciplinary programs for the nurturing and development of its children with special needs.

Rashed Ali Al Ansari, General Manager, Al Ansari Exchange, said: “Children with special needs are an integral part of our society and should be given equal opportunities to nurture their talent and develop their abilities. We are confident that our little contribution to the Al Noor Training Center will help make a difference in the lives of children with special needs. Al Ansari Exchange is very sincere about its CSR agenda and rolls our socially-relevant initiatives, as it firmly believes in making a valuable contribution to the society.”
“We highly appreciate the donation made by Al Ansari Exchange, which will contribute in a positive way towards the development of children with special neeeds. We offer training programs for  children so that they can become financially independent individuals since we depend on corporate donations to run our organization. This kind gesture reflects Al Ansari Exchange’s care and concern for individuals with special needs and will serve as an example for other corporates to support such causes,” concluded Dr. Mohammad Al Redha, Board Member,
Al Noor Training Center for Children with Special Needs.
Located in Al Barsha area of Dubai, Al Noor Training Center for Children with Special Needs has received the ISO 9001:2008 certification for ‘Educational, Rehabilitative and Therapy Services for Individuals with Special Needs through Assessments, Intervention and Training.’ Run under the auspices of the Ministry of Social Affairs, the special school provides children with special needs, regardless of their background, the same opportunity through professional training and care to realize their potential and integrate them into the wider community.
-Ends-
About Al Ansari Exchange
Al Ansari Exchange is one of the leading remittance and foreign exchange service providers in the UAE. Founded in 1966, the company has established its presence through an extensive network of more than 130 conveniently located branches across the country to bring its services closer to its customers.
Al Ansari Exchange has established strategic partnerships with leading banking and financial institutions around the globe to reinforce its commitment to provide key financial services to its growing customer base. The company constantly introduces exclusive offerings and reward schemes for its customers, while maintaining a truly unique banking experience through its wide range of technology-driven financial services that cater to specific customer needs. Al Ansari Exchange employs a highly qualified and professional team of over 2,200 multinational employees, who serve more than 2 million multi-national customers per month in accordance with consistent level of service experience that meets and exceeds customer expectations.
In addition to remittance and foreign exchange services, Al Ansari Exchange also offers a host of other ancillary financial services, including bill payments, credit card encashment, international mobile top-up, investment and saving schemes, loyalty programs, e-exchange, payroll solutions and corporate cash collection services.

Employees make use of reduced workload in Ramadan to invest in developing their soft skills.

Demand for training programs targeting middle managers sees 15% increase in Ramadan, compared to monthly average, says IH Dubai
Dubai, UAE, 13 July 2014: International House Dubai (IH Dubai), a leading institution offering practical skills-based courses with international accreditation, has reported a 15 percent increase in admissions to training programs during Ramadan, compared to the monthly average in the first half of 2014.

The company attributed this rise to the reduced working hours in the public and private sectors, which allows more executive trainees to enroll in training sessions for career development.
Clair Hattle, Director, IH Dubai said: “Business continuity and performance are the main challenges for employers during Ramadan, but soft skills improvement for employees can bring benefits for both employers and employees, especially if the programs offer certificates with international accreditation.” 
Hattle added that these qualifications are preferred mainly by UAE nationals because they hold value in the Emiratisation drive, opening new doors to rewarding careers in the private sector.
“We have seen a dramatic increase in demand for management programs and English, and we responded by developing a flexible schedule during Ramadan until July 28. We expect the higher demand for such programs to continue until the end of 2014,” Hattle said. “The UAE public and private sectors have a better understanding, nowadays, of applying international standards to the local workplace by investing in the soft skills of their employees during Ramadan.”
A majority of trainees during Ramadan are middle managers who are climbing up the ladder in their professional career paths. They choose Ramadan because of reduced workload in their workplace, and this leaves room for pursuing skills development programs.
Failan Saleem, Marketing Director, IH Dubai added: “We reduced the registration fees by 15% until the end of this campaign on the 28th of July, however training can commence anytime before the 31st of December, 2014. Our aim for this offer is to encourage companies in the UAE to consider this period for employees’ skills improvement.
Saleem concluded: “We take pride in enjoying a significant share of the training sector in the UAE. We notice that language, soft skills and ILM programs are among the top choices for local trainees during the Ramadan period.”

IH Dubai has been operating in Dubai for the past 10 years. It is part of IHWO, a 61-year-old body that represents a network of institutions worldwide committed to implementing high quality standards in education and training. 

Demand for Leadership training rose 15 % in first quarter of 2014, compared to same period last year.

More UAE businesses focusing on developing their leaders from inside instead of exporting from overseas says International House Dubai
Dubai, UAE, 8 June 2014: International House Dubai (IH Dubai), a leading institution offering practical skills-based courses with international accreditation, has said that demand for leadership training in the UAE has risen 15 percent in the first quarter of 2014, compared to the corresponding period of 2013, thanks to the rebound in UAE economy.

“There is a significantly high demand for leadership and management training amongst UAE businesses across different industries,” says Clair Hattle, Director, IH Dubai. “UAE businesses are more challenging to training companies and centres to develop up to date programmes specifically tailored to boost the leaders practically and intellectually.”
IH Dubai believes that owning proven skills and practices in leadership helps in acquiring soft competencies in decision making, coaching, issues management, mentorship and inspiration and many other independent areas.
Hattle added: “The success of the leadership and management training disciplines in the UAE can be attributed to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai who has injected a culture of excellence and competence in the public and private sectors, thus setting a customized practice for these two very similar yet delicately different disciplines.”
“Producing competent management leaders in the private sector is crucial. Exporting executives to run businesses might not be the right strategy as leveraging on the current workforce of any entity is better than getting new executives from overseas who would not be aware of the market context,” emphasised Hattle.
Hattle said: “We pride ourselves as a certified centre for the Institute of Leadership & Management (ILM), the UK’s largest management body, combining industry-leading qualifications and specialist member services.”
ILM is founded on the principle that skilled managers and leaders hold the key to creating productive workforce that delivers organisational and economic success. Their qualifications and membership services combine to drive up the standards of leadership and management and improve individual and team performance. 
Hattle said: “Last year 90,000 people enhanced their leadership and management skills with an ILM qualification, while over 30,000 ambitious management professionals secured increased professional recognition and support through ILM membership.”
She added: “We specialise in providing lifelong learning and vocational courses to a large cross section of the UAE community, including leaderships in entities and we believe that this sector will be more maturing in the run-up to EXPO 2020 to meet the needs of local private businesses for competent leaders.”
IH Dubai has been in existence in Dubai for the past 10 years. It is part of IHWO which has been established for 61 years as a network of institutions worldwide that is committed to implementing high quality standards in education and training.

Hattle concluded: “Developing leadership characteristics hold the key for UAE businesses’ competencies.”

Lack of proficiency in English language is one of barriers to Emiratisation, says International House Dubai.

Of the 50 million people learning English in MENA region, 5 % do so to boost business communication skills
Dubai, UAE, 30 April 2014: International House Dubai (IH Dubai), a leading institution offering practical skills-based courses with international accreditation in the UAE, has revealed that more than 5 percent of the 50 million people currently learning English in the MENA region, are doing so in order to enhance their business communications skills with the goal of boosting their career growth.

Clair Hattle, Director, IH Dubai said: “Many of our trainees are UAE nationals. The courses we offer are very crucial for the success of Emiratisation, as lack of proficiency in English is one of the barriers to Emiratisation, according to many studies.”
In the UAE, nationals make up just 1% of private sector workforce. A good grasp of English language is one of the key factors to enhance Emiratisation and this could be achieved through intensive English courses conducted by experts.
Hattle said: “We at IH Dubai are highly committed to maximizing the number of UAE nationals working in the private sector. Equipping them with the right skills in English language will ensure their quick integration into the private sector job market. Our ‘National Development’ programme is one of the courses that have been created with this goal in mind.”
IH Dubai specializes in delivering lifelong learning and vocational courses to a cross section of UAE community, as well as English language training.
Hattle added that IH Dubai delivers courses that are developed by international experts in international business communication across cultures which train executives to operate in an international business environment.
IH Dubai develops tailor-made corporate language courses. The experienced IH Dubai teachers design high-impact language training programmes targeting companys’ specific needs and with flexible schedules.
She said: “IH Dubai has dedicated English teachers with business experience who push the students to achieve optimum results. The company also offers specialised English training, including courses in banking and finance, law or human resources and one-to-one specialised courses. Our courses in marketing, HR, leadership and management and accounting are accredited and designed to offer maximum efficacy to our trainees.”
A member of International House World Organization (IHWO), IH Dubai has been operating for the past 10 years, and has served more than 10,000 trainees who have progressed remarkably in their careers.

IHWO has been in existence for 61 years as a global network of institutions committed to implementing high quality standards in education and training.