Monday, October 31, 2011

Role of the Government to Promote the Banking jobs in Dubai


Dubai is the cosmopolitan emirate of the UAE, which has emerged as the industrial and commercial hub of the country. The economy of the emirate has positively affected the country’s economy always, and with the increasing banking jobs in Dubai, the finance of the country has reached new heights. 

The coming years are expected to witness more and more urbanization and development galore in Dubai. The UAE government is also trying hard to create more and more vacancies for the locales and thus is focusing on Emiratisation. The main target of the government has always been the nationals of the country, and various training sessions and coaching classes are being arranged to train them perfectly for the banking jobs in Dubai.

The most popular operating banks in Dubai are:
·         Dubai Islamic Bank
·         First Gulf Bank
·         Mashreq Bank
·         Commercial Bank International
·         National Bank of Fujairah
·         Royal Bank of Canada

The training programs cover all arenas of banking, at all levels. The training involves classes in various banking operations, which also includes administration, HR and legal positions. The banks have made tie-ups with Emirates Institute for Financial and Banking Studies (EIFBS), and have raised the awareness about working in banking sector of Dubai.

These programs have also been given a positive response by the leading banks of Dubai and are participating in the government's initiative by offering various programs and posts to the students and other professionals. There are a number of banking job in Dubai that demand skilled manpower, but do not compromise on the quality; hence some of the private banks also hire expats. However, the government sector banks look for the UAE nationals only to fill up the vacant positions, and this is the reason why the Emiratis are being trained to develop the required skills for emirates jobs .

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