Islamic Banking Training Program for Emirati Students

The Banks in Dubai requires skilled staff to deliver the Islamic banking functions. With the prospering UAE economy, the banks in UAE will have job opportunities for many more Emiratis. To makes things easy, more than 100 Emirati students will receive training in banking. Students will be picked from the numerous schools and colleges of UAE. Students from the UAE universities will also participate in the training program. Dubai, Abu Dhabi and other destinations of UAE will have numerous bank jobs in the future.

Dubai Islamic Bank (DIB) will be conducting this unique training program. The bank’s annual Iktaseb program, is a summer training program to educate youngsters about banking services available in the country. Participants of this training program will receive professional training on banking and finance. This training program is particularly good for those who aspire to have a career in the same. The prosperous economy of UAE has led to opening of many new banks and thus creation of many jobs. Bank Jobs in Dubai is available to skilled candidates. And getting trained in banking and finance services at an young age will certainly boost chances of getting banks jobs in Dubai.

This summer training program will include the core concepts of the banking industry. The duration of Islamic banking training is for 4 weeks. Participants in the training program will learn about the principles and mode of working of Sharia-compliant banking. The training program will also include knowledge of handling day-to-day operations.  Participants will also receive practical training besides theoretical knowledge. On completion of this banking training program, participants will receive a certificate from Dubai Islamic Bank. This certificate will come in handy when aspiring candidates will be looking for bank jobs in Dubai or any other destination in the UAE.

New Vacancies in Domestic Work in UAE

The UAE households are demanding of more housemaids. And reciprocating to this demand, many Nepali women are coming and joining in UAE homes. Many Nepali women are joining everyday as housemaids. This is informed by the Nepali embassy in Abu Dhabi. The Himalayan kingdom of Nepal has lifted the ban on working as domestic help in Gulf nations. Dubai has large number of expats who also require housemaids. The Vacancies in Dubai for domestic work is therefore immense. 

This ban was lifted after Nepal made some strict rules safeguarding the interest of women and workers in Gulf countries. The workers, mostly women, were vulnerable as some recruitment agencies hire with unscrupulous means. The new rule made by the government defines wages and other benefits made to the housemaids in UAE. 

For the UAE nationals who are planning to recruit Nepali domestic workers, the direct point of contact is the Nepali Embassy and not any recruitment agencies. The UAE nationals have to apply in the Nepali embassy. The applicant has to submit the family status and a deposit of Dirham 5,000. The wage for the domestic help in UAE for Nepali women is fixed at Dh900 (Rs 21,700) a month. Added to the wage, other benefits are accommodation and food. 

The Nepali embassy reported that it has received many applications for housemaids. The deputy of mission said that after the introduction of tough rules, the number of complaints has come down. The Department of Foreign Employment mentioned that about 4,523 Nepali women joined in the current years as against 1,911 in 2011. The number is doubled after the strict rules ensuring safety and rights of workers. 

Rewarding accounting jobs in Dubai

Are you looking for an accounting job? Move to Dubai, the finance and banking hub of the gulf region, which offers a variety of accounting jobs. There are many important finance and banking organizations of other countries having branches in the city. Dubai is also an important center of trade and commerce in the region. Anyone looking for accounting jobs in Dubai will definitely get one in these organizations. Apart from the finance and banking sector, there are jobs in accounting available in IT, real estate, oil and natural gas. Accounting jobs are required in companies in every sector.

Applying for accounting jobs in Dubai has its own benefit. It’s easy lifestyle and relaxed government laws draw professionals to work here. There is no personal tax in Dubai. This attracts many young professionals from other countries to apply for accounting jobs in the city. Company in every sector requires professionals to manage the finance and related jobs. Whether it is an IT company or an oil and gas company, there are requirement of staff for maintaining accounts and financial dealings. These jobs are also well-paid as some of the companies have a huge turnover. For these companies, skilled and experienced professionals are required. 

For the various types of accounting jobs in Dubai, the candidates must have qualification from reputed colleges or university. Qualifications like graduates or post –graduates in commerce are ideal for the accounting jobs. Also, candidates having management degree in finance, labor laws or foreign trade and commerce are also preferred for the various openings. 

The profile of Accountants is required in every firm to manage and keep a track of company’s accounts. For the profile of accountant, most of the organizations require experienced professionals. Experience professionals with 4-5 years can apply postings in Dubai. Another good accounts job in Dubai is that of Accounts Assistant. For this job opening, the candidate must have a bachelor’s degree in commerce. Finance Assistant is also another good accounting job available in the city.

Financial and Banking Jobs in Dubai

There is no doubt about the fact that the finance jobs in Dubai are very attractive and highly rewarding. Dubai has also introduced a number of highly successful SEZs. Since the government also has offered various advantages to the companies being settled in the city, the companies dealing in finance are rushing in. such benefits include zero taxation, good revenues, effective and easy foreign policy, and many more.

Theses international and local financial companies offer:

·         Retail banking solutions: These companies take care of consumer banking needs.

·         Investment Banks and Financial Advisory firms: Helping the population of Dubai to invest in their future investment plans, mainly in mutual funds, real estate, future savings, commodities, debentures, bonds and petroleum. Other sections are trading and stock exchange, where such financial institutions can help.

·         Corporate Banking Solutions: Various banks offer these corporate banking solutions to large and medium sized companies which are operating out of Dubai.

·         Accounting Services: Such services include providing account statements, profit and loss statements, payroll processing, payments, tax calculations, loan calculations, and benefits calculations.

The banking jobs in Dubai are available for sectors such as investment banking, banking & accountancy, etc. The job positions available with those financial institutions are that of:

·         Mortgage Officer

·         Investment Advisor

·         Branch Manager

·         Credit Supervisor

·         Commodities Broker

·         Business Analyst

·         Lending Specialist

·         Foreign Exchange Broker

·         Banking Consultant

·         Auditor

·         Equities Trader

·         Investment Marketer

·         Audit Manager

·         Bank Audit Manager

·         Bank Tellers

·         Internal Auditor

·         Treasury Officer

 Other benefits that these Finance job in Dubai provide, include: 100% Tax free income, family accommodation, car, gas, flight tickets to home town, school education for children, etc. however, such benefits completely depend on the type of job and the seniority level.