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Islamic Finance Briefing - Categorized | Banking, Performance more

NBAD increases Emiratisation to 39pct

Posted on 24 January 2011

From Tradearabia.com: National Bank of Abu Dhabi (NBAD), the leading bank in the UAE, has increased the number of its UAE national employees to 39 per cent at the end of 2010. NBAD recruited 393 UAE nationals during 2010, thus increasing Emiratisation to 39 per cent from 36 per cent a year earlier.
The Government of the UAE has mandated that financial services companies to make UAE nationals comprise 40 per cent of the workforce. With NBAD starting 2011 at 39 per cent Emiratisation the bank is in position to achieve the g overnment’s mandate this year……………………………………….Full Article: Source

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