DOCSLIB.ORG

EI Annualreport 2017 ENG.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
EI Annualreport 2017 ENG.Pdf 2 3 HEAD OFFICE 4 Emirates Islamic Bank (Public Joint Stock Company) Head Office 3rd Floor, Building 16, Dubai Health Care City, Dubai Tel.: +97 1 4 3160336 Fax: +97 1 4 3582659 P.O. Box: 6564, Dubai, United Arab Emirates emiratesislamic.ae 5 To be the leading provider of high standard Shari’a- compliant innovative financial products, quality service OUR VISION and superior value for our customers, shareholders, employees and the community. 6 Providing innovative and high standard financial products OUR MISSION and services governed by Islamic Shari’a provision to enrich the society. 7 His Highness Sheikh Khalifa Bin Zayed Al Nahyan President of the United Arab Emirates 8 His Highness Sheikh Mohammed Bin Rashid Al Maktoum Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai 9 BOARD OF DIRECTORS 10 Mr. Hesham Abdulla Al Qassim Mr. Buti Obaid Buti Al Mulla Chairman Vice Chairman Mr. Shoaib Mir Hashem Khoory Mr. Mohamed Hadi Ahmad Mr. Mohamed Hamad Obaid Director Abdulla Al Hussaini Khamis Al Shehi Director Director Mr. Ali Humaid Ali Al Owais Mr. Shayne Nelson Director Director 11 CONTENTS 12 Chairman’s Message 14 CEO’s Message 16 Corporate Social Responsibility 20 Review of Performance 22 Board Committees 27 Financial Highlights 30 List of Branches 33 List of Offsite ATMs 35 13 CHAIRMAN´S MESSAGE 14 Hesham Abdulla Al Qassim Chairman, Emirates Islamic The United Arab Emirates (UAE) attributes its unprecedented success story to our visionary leadership’s foresight and planning. As we move closer towards Expo 2020, the nation continues its growth story by excelling in every sector of public development, from economic policy to technological infrastructure, serving as a model of progress to countries across the region. The government’s diversification policy has been instrumental in solidifying the UAE’s position as a regional financial centre and international trading hub. Emirates Islamic is proud to be a contributor to this success story. In 2017, Emirates Islamic continued to assert its position as a leading financial institution in the UAE, making a solid contribution to the development of the overall Islamic finance sector. We delivered strong results for the year, demonstrated with a six-fold increase in net profit to AED 702 million. The Bank significantly increased its returns to shareholders with Return on Equity (ROE) of 10% in 2017, up from 2% in 2016. In 2017, the Year of Giving, we strengthened our commitment to the UAE community with various charitable donations to support the less fortunate and needy, particularly in the areas of food, shelter, health, education, rehabilitation and social welfare. The Emirates Islamic Charity Fund distributed a total of AED 59 million to charitable institutions and deserving causes, both locally and internationally. Going forward, as we celebrate the Year of Zayed in 2018, the Bank reaffirms its commitment to the vision and values of our founding father, the late Sheikh Zayed Bin Sultan Al Nahyan, which have laid the foundation to a prosperous and successful UAE. Overall, we are optimistic about our outlook and growth prospects for the year ahead. Islamic banking continues to grow in popularity, as evidenced in our annual Islamic Banking Index which shows that an increasing number of people in the UAE are recognising the positive attributes of Islamic banking over the past years, leading to a wider adoption of Shari’a-compliant products and services. This is a trend we welcome as it bodes well for the future of the Islamic banking sector and supports the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai to make Dubai the global capital of Islamic economy. Moving forward, we will continue to play our pioneering role in the Islamic banking sector, helping further increase the uptake of Islamic banking products in the UAE. In closing, I would like to thank our Board of Directors, the Bank’s management team and all Emirates Islamic employees for their continued contribution to our performance. I would also like to extend appreciation to our loyal and valued customers and shareholders for their support as we look forward to another successful year ahead. 15 CEO’S MESSAGE 16 Jamal Bin Ghalaita CEO, Emirates Islamic 2017 marked a significant year for Emirates Islamic, with the Bank reporting the highest ever recorded net profit of AED 702 million and the highest ever recorded total assets of AED 61.9 billion since our establishment in 2004. Our focus on consistent control of operating costs resulted in an improvement by 7% over last year, while net impairment allowances have improved by 48% year-on-year due to a lower cost of risk and an enhanced collection drive. We continued to play a leading role in the development of Islamic banking in the UAE through our focus on banking and technological innovation. We made tremendous progress in our digital transformation drive with investments in technology-led solutions to enhance back and front-end processes. Highlights during the year included a successful transition to a new Core Banking System and upgrade of our mobile banking app with a completely revamped interface and an enhanced user experience. We are the first and only Islamic bank in the UAE to launch both Apple Pay and Samsung Pay, providing convenient payment solutions to our customers. Recognising the need to cater to the growing mass-affluent segment, the Bank launched Advantage Banking, a valuable proposition for customers to enjoy a wide range of banking solutions. We enhanced our cards offering in 2017, launching the Emarati Credit Card, providing unique benefits to our UAE National customers. To cater to the growing needs of Emirates Islamic’s corporate, commercial and institutional clients, we invested in enhancing our product capabilities to include new treasury and trade finance solutions. In 2017, the Bank was also involved in landmark syndication and structured financing deals for institutional and corporate clients within the Islamic Syndication and Structured Finance space in the UAE and the region. Our efforts were recognised across the industry and continued to win accolades, including Banker Middle East Product Awards for ‘Best Savings Account’ (Kunooz) and ‘Best Islamic Premium Card’ (Flex Elite), ‘Islamic Personal Finance Provider of the Year’ by YallaCompare, and the Service Olympian Awards for ‘Most Improved Website’ and ‘Best Social Media Reach’. Looking ahead, we will continue to invest in innovation-led solutions to cater to the growing demand for convenient, accessible banking. We will also continue to strengthen our internal processes, building on the enhancements in our Customer Experience journey and Risk Function, rolled out last year. To conclude, I would like to thank our Board of Directors for their ongoing support and contribution to our success. I would also like to extend our appreciation to our valued employees for their role in our continued progress and development. 17 AMBITION Our vision is limitless and we work together to make it a reality 18 19 CORPORATE SOCIAL RESPONSIBILITY As one of the country’s largest Islamic Banks, we play an active and major role in supporting the communities in which we serve to grow stronger. This commitment reflects our Corporate Social Responsibility approach and can be seen in the way we run our business, the inclusive and supportive workplace we create for our employees, the products and services we offer our customers, and the impact we make in helping the local economy thrive. In line with this belief and values, Emirates Islamic launched the ‘Emirates Islamic Charity Fund’ in 2016 to govern and manage the bank’s strategy for charitable donations and giving, one of the key pillars of its overall CSR framework. In accordance with the Year of Giving initiative announced in 2017 by H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, Emirates Islamic has distributed over AED 59 million to various charitable causes including Sharjah Charity International, Tarahum Foundation, Dubai Cares, Faraj Fund, Awqaf & Minor Affairs Foundation, Al Jalila Foundation, Islamic Affairs and Charitable Activities Department, Dubai Taxi Corporation, Sheikh Saud Bin Saqr Al Qasimi Foundation and more. As a homegrown bank, we firmly believe in supporting projects that will raise the regional and global profile of the country’s medical institutions and position the UAE as the healthcare hub of the wider Middle East region. In healthcare, Emirates Islamic has disbursed funds towards medical and rehabilitation equipment to government and privately-run institutions including Dubai Health Authority, Ministry of Health and Prevention, Ajman Club for Disabled, and Abu Dhabi Rehabilitation and Care Center for People with Special Needs. 20 Reaffirming Emirates Islamic’s strong support for the UAE’s heritage and culture, including fishing which has been practised by local Emirati fisherman for centuries as a traditional form of livelihood, the bank has contributed AED 200,000 to Umm Al Quwain Co-operative Society for Fishermen. The contribution supported local fishermen, keeping in mind the financial burden of the seasonal profession and the large expenses required for fishing equipment. In line with the UAE Vision 2021 which has education as its foundation and aims to provide world-class education to build a knowledge economy and establish initiatives for scientific research, Emirates Islamic has also contributed to support Ajman University, University
Load more

Recommended publications
  • UAE Real Estate Sector
    Global Research Sector – Real Estate Equities - UAE June 22, 2011 UAE Real Estate Sector Debt burden an overhang for economic growth in the medium term Pressure on property prices persistent through to end of 2012 Prefer Emaar and Sorouh over Aldar on liquidity and near term earnings Strong Buy – Emaar, Hold – Aldar, Buy – Sorouh Debt burden an overhang for economic growth in the medium term The debt burden on Dubai government and its GREs is a key overhang to economic growth, in our view. Total Dubai related debt is estimated at USD113 billion, equivalent to 37.3% of the UAE 2010 GDP. Despite the several successful rounds of debt restructuring by Dubai GREs, the large debt burden still proposes challenges given exposure of the banking sector to the troubled real estate GREs. However, markets appear to have priced in short term factors with the appetite for Dubai risk growing given the continuous improvements in Dubai CDS, currently at 332 bps, the lowest level since November 2009 driven by solid evidence that Dubai is well positioned as the region’s safe haven during the recent political tensions. Pressure on Dubai & Abu Dhabi property prices persistent through to 2012 Dubai residential selling prices have dropped almost 56% from their peak in 4Q08 until 1Q11 while those of Abu Dhabi lost 45% over the same period. We estimate a current vacancy rate of 30% in Dubai and 3% in Abu Dhabi. The figure for the latter is subject to significant increase in the coming 2.5 years given the influx of 65,000 units in the residential market.
    [Show full text]
  • Page 01 March 15.Indd
    www.thepeninsulaqatar.com Special Lease Offer MEDINAMEDIINA CENTRALECENTRALE BUSINESS | 21 SPORT | 28 4409 5155 Qatar to Al Rayyan win, expand ties with Lekhwiya pick Kyrgyzstan a point Wednesday 15 March 2017 | 16 Jumada II 1438 Volume 22 | Number 7101 | 2 Riyals OPINION More than 70% Sheikha Moza meets Tunisian President found obese or overweight Dr. Khalid Al-Shafi Editor-in-Chief Fazeena Saleem It includes a comprehensive The Peninsula health profile of more than Relations and 5,000 Qataris and long-term ore than 70 per- residents. permanent interests cent of Qatar’s Dr Nahla Afifi, Scientific and population are Education Manager and Acting istorical and social either over- Director of Qatar Biobank, pre- relations, along the geo- weight or obese sented the findings at the Qatar Hpolitical borders of states, Mand nearly half of all men (48%) Biobank Conference, which is form the foundation of relations are found obese, shows the being held under the theme between countries in different Qatar Biobank report 2016 ‘The Impact of Biobanking on parts of the world. This is the released yesterday. Precision Medicine Initiatives’ prevailing perception among The report also revealed at Qatar National Convention H H Sheikha Moza bint Nasser, Advocate for the UN Sustainable Development Goals, societies and how world rela- that 83% of the population do Center (QNCC). with Tunisian President Beji Caid Essebsi in Tunis, yesterday. Pic: Aisha Al Musallam/HHOPL tions have been understood. little or no physical exercise, Other findings show that 16 However, perceptions and and 41 % are not participating percent of Qatar Biobank visi- understanding of relations and in any physical exercise.
    [Show full text]
  • Delivering World-Class Turnkey Solutions Introduction
    www.alfaraagroup.com Delivering world-class turnkey solutions Introduction Message from management Our fundamentals Group overview Board of directors The Al Fara’a Group value proposition Customer relationship management Integrated management systems Human capital management Corporate sustainability Corporate social investment Business overview Project showcase Delivering world-class turnkey solutions INTRODUCTION The Al Fara’a Integrated Construction Group, which was founded in 1980 spans construction and related services, property development & facilities management and manufacturing & fabrication. The Group has an international footprint in the United Arab Emirates, Saudi Arabia, Qatar and India and has amassed a track record of successful on time delivery within budget and in accordance with client specifications. The Group delivers turnkey designs to build solutions and offers value engineering leadership through its multifaceted talent pool. The Group also offers exceptional value in terms of procurement as a result of its buying power and is quick to respond to the dynamic needs of customers. As the leading integrated construction solutions provider in the UAE, Al Fara’a also offers specialised solutions in the education, healthcare, custodial, oil & gas and infrastructure sectors. Al Fara’a Corporate Office, Abu Dhabi MESSAGE FROM MANAGEMENT Welcome to the world of the Al Fara’a Integrated Construction Group, where we pride ourselves on meeting the needs of our customers with a fresh approach to the delivery of world-class solutions.
    [Show full text]
  • ISO 14001:2015 Scope of Certification
    INTERNATIONAL GAS SERVICES LLC FLOOR.NO.10, SKY TOWER, AL REEM ISLAND, PO. BOX 3376, ABU DHABI, UNITED ARAB EMIRATES This is a multi-site certificate, additional site(s) are listed on the next page(s) Bureau Veritas Certification Holding SAS – UK Branch certifies that the Management System of the above organisation has been audited and found to be in accordance with the requirements of the management system standards detailed below ISO 14001:2015 Scope of certification DESIGN, ENGINEERING, INSTALLATION, OPERATION & MAINTENANCE OF PIPING AND GAS SYSTEMS INCLUDING GAS DISTRIBUTION, SUPPLY OF EQUIPMENT AND SERVICES FOR OIL & GAS INDUSTRY. INSTALLATION AND REPAIR OF SAFETY EQUIPMENT AND FIRE EXTINGUISHER SERVICES. Original cycle start date: 28 May 2012 Expiry date of previous cycle: 27 May 2021 Certification / Recertification Audit date: 06 May 2021 Certification / Recertification cycle start date: 14 June 2021 Subject to the continued satisfactory operation of the organization’s Management System, this certificate expires on: 27 May 2024 Certificate No.: AB003476 Version: 1 Issue Date: 14 June 2021 Certification Body Address: 5th Floor, 66 Prescot Street, London, E1 8HG, United Kingdom Local Office: Bureau Veritas – Abu Dhabi branch of Bureau Veritas S. A, 1st Floor, AlZubara Tower, Salam St, P. O. Box 26264, Abu Dhabi, UAE Further clarifications regarding the scope and validity of this certificate, and the applicability of the management system requirements, please call: +971 2 644 4920 1/3 INTERNATIONAL GAS SERVICES LLC ISO 14001:2015 Scope of certification Site Name/Location Site Address Site Scope DESIGN, ENGINEERING, INSTALLATION, OPERATION & MAINTENANCE OF PIPING AND GAS SYSTEMS INCLUDING GAS DISTRIBUTION, FLOOR.NO.10, SKY TOWER, AL REEM ISLAND, INTERNATIONAL GAS SUPPLY OF EQUIPMENT AND SERVICES FOR PO.
    [Show full text]
  • 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 a B C D E F G N
    A B C D E F G N O P 1 2 Important Note: Visiting doctors at the below providers who are not following contractual rates will not be available on direct billing access. Gold PROVIDER Dental NAME OF PROVIDER EMIRATE ADDRESS SPECIALITY TELEPHONE TYPE Alternative Vaccination 3 4 BRIGHT POINT HOSPITAL HOSPITAL ABU DHABI Abu Dhabi GENERAL PRACTICE,INTERNIST,OB-GYNE,02-5082000 ✓ PSYCHIA,PEDIA,UROLOGY 5 UNIVERSAL HOSPITAL LLC - ABU DHABI HOSPITAL ABU DHABI Airport Road, Behind Abu Dhabi Educational Council MULTI-SPECIALITY 02-6435555 ✓ 6 AL NOOR HOSPITAL HOSPITAL ABU DHABI Airport Road, Shk. Mohd Bin Butti Bldg. MULTI-SPECIALITY 02-4446655 ✓ 7 MAGRABI SPECIALIZED HOSPITAL- BRANCH HOSPITAL ABU DHABI Al Khaleej Al Arabi Street, Al Mushrif OPHTHALMOLOGY 02-4446565 ✓ 8 IMPERIAL COLLEGE LONDON DIABETES CENTRE HOSPITAL ABU DHABI Al Khaleej Al Arabi Street, Embasies Area NEPHROLOGY,DIABETOLOGIST,OPTHALMOLOGY,FAMILY02-4040800 ✓ MEDICINE,GENERAL PRACTICE,INTERNAL MEDICINE,ENDOCRINOLOY 9 GULF DIAGNOSTIC CENTER HOSPITAL HOSPITAL ABU DHABI Al Khaleej Al Arabi Street, Musasfa Road , After Shk Mohammed Palace CARDIOGENERAL SURGEONDERMA,ENDO,ORTHO,ENT,PED,URO02-6658090 ✓ 10 SEHA EMIRATES HOSPITAL HOSPITAL ABU DHABI Al Ledeem Street GENERAL PRACTICE 02-4438999 ✓ Al Maqam Tower, Al Falah Street, Abu Dhabi Global Market Square, Al Maryah CLEVELAND CLINIC ABU DHABI LLC HOSPITAL ABU DHABI GENERAL PRACTICE, ANESTHESIOLOGY,CARDIOLOGY,02-6590200 ✓ GASTROENTEROLOGY, INTERNAL MEDICINE, PULMONOLOGY, CRITICAL CARE MEDICINE, OPTHALMOLOGY, GENERAL SURGERY, VASCULAR SURGERY, CARDIOTHORACIC SURGERY, NEUROLOGY, PAIN MANAGEMENT, 11 Island 12 DAR AL SHIFA HOSPITAL HOSPITAL ABU DHABI Al Najda Street , Corner Of Defense Road MULTI-SPECIALITY 02-6416999 ✓ 13 AL RAHA HOSPITAL HOSPITAL ABU DHABI Al Najda Street , Second Floor , Hyper Market Building MULTI-SPECIALITY 02-6330440 ✓ ✓ 14 MAGRABI EYE & EAR CENTER HOSPITAL ABU DHABI Baniyas Street, Al Nakheel Tower OPTHA,ENT 02-6345000 ✓ 15 LIFECARE HOSPITAL HOSPITAL ABU DHABI Baniyas Street, Wathba, Gate No.
    [Show full text]
  • ISO 45001:2018 Scope of Certification
    INTERNATIONAL GAS SERVICES LLC FLOOR.NO.10, SKY TOWER, AL REEM ISLAND, PO. BOX 3376, ABU DHABI, UNITED ARAB EMIRATES This is a multi-site certificate, additional site(s) are listed on the next page(s) Bureau Veritas Certification Holding SAS – UK Branch certifies that the Management System of the above organisation has been audited and found to be in accordance with the requirements of the management system standards detailed below ISO 45001:2018 Scope of certification DESIGN, ENGINEERING, INSTALLATION, OPERATION & MAINTENANCE OF PIPING AND GAS SYSTEMS INCLUDING GAS DISTRIBUTION, SUPPLY OF EQUIPMENT AND SERVICES FOR OIL & GAS INDUSTRY. INSTALLATION AND REPAIR OF SAFETY EQUIPMENT AND FIRE EXTINGUISHER SERVICES. Original cycle start date: 30 June 2020 Expiry date of previous cycle: 27 May 2021 Certification / Recertification Audit date: 06 May 2021 Certification / Recertification cycle start date: 14 June 2021 Subject to the continued satisfactory operation of the organization’s Management System, this certificate expires on: 27 May 2024 Certificate No.: AB003477 Version: 1 Issue Date: 14 June 2021 Certification Body Address: 5th Floor, 66 Prescot Street, London, E1 8HG, United Kingdom Local Office: Bureau Veritas – Abu Dhabi branch of Bureau Veritas S. A, 1st Floor, AlZubara Tower, Salam St, P. O. Box 26264, Abu Dhabi, UAE Further clarifications regarding the scope and validity of this certificate, and the applicability of the management system requirements, please call: +971 2 644 4920 1/3 INTERNATIONAL GAS SERVICES LLC ISO 45001:2018 Scope of certification Site Name/Location Site Address Site Scope DESIGN, ENGINEERING, INSTALLATION, OPERATION & MAINTENANCE OF PIPING AND GAS SYSTEMS INCLUDING GAS DISTRIBUTION, FLOOR.NO.10, SKY TOWER, AL REEM ISLAND, INTERNATIONAL GAS SUPPLY OF EQUIPMENT AND SERVICES FOR PO.
    [Show full text]
  • The Israeli Colonization Activities in the Occupied Palestinian Territory During the Second Quarter of 2017
    Applied Research Institute - Jerusalem (ARIJ) & Land Research Center – Jerusalem (LRC) [email protected] | http://www.arij.org [email protected] | http://www.lrcj.org The Israeli Colonization Activities in the occupied Palestinian Territory during the Second Quarter of 2017 April - June 2017 This presentation is prepared as The Quarterly report highlights the chronology part of the project entitled of events concerning the Israeli Violations in the “Addressing the Geopolitical West Bank and the Gaza Strip, the confiscation Changes in the Occupied and razing of lands, the uprooting and Palestinian Territory”, which is destruction of fruit trees, the expansion of financially supported by the EU settlements and erection of outposts, the and SDC. However, the contents brutality of the Israeli Occupation Army, the of this presentation are the sole Israeli settlers violence against Palestinian responsibility of ARIJ and do not civilians and properties, the erection of necessarily reflect those of the checkpoints, the construction of the Israeli donors segregation wall and the issuance of military orders for the various Israeli purposes. Applied Research Institute - Jerusalem (ARIJ) & Land Research Center – Jerusalem (LRC) [email protected] | http://www.arij.org [email protected] | http://www.lrcj.org Bethlehem Governorate (April 2017 - June 2017) Israeli Violations in Bethlehem Governorate during the Month of April 2017 • In the southern Bethlehem governorate, the Israeli occupation Army (IOA) detained two Palestinians, identified as 22 -year-old Imad Taqatqa and 23- year-old Anas Ibrahim Nabhan. (Maannews 2 April 2017) • The Israeli occupation Army (IOA) bulldozed Palestinian cultivated land in al-Khader town, south of Bethlehem city. Israeli bulldozers leveled cultivated land lots in al-Ghweit Valley, adjacent to the illegal Israeli settlement outpost of Sidi Boaz.
    [Show full text]
  • BANQUE MISR ANNUAL2017 SUSTAINABILITY / 2018 Report 2017/2018 1
    EGYPTIAN TEMPLES ANNUAL SUSTAINABILITY REPORT BANQUE MISR ANNUAL2017 SUSTAINABILITY / 2018 REpoRT 2017/2018 1 BANQUE MISR ANNUAL SUSTAINABILITY REpoRT 2017/2018 3 PROMOTING THE TREASURES OF ANCIENT EGYPT With a legacy dating back to 1920, Banque Misr (BM) was to Cleopatra as Aegyptia or “Egyptian”, in view of her deep established by Mohamed Talaat Harb Pasha to demonstrate entrenchment in ancient Egyptian culture. Her family’s reign inclusive and sustainable economic growth among Egyptians. was considered a turning point in the monetary history of Since its establishment, BM has adopted an approach that is Egypt. It was not until Egypt’s last ancient empire that any real not solely focused on attaining financial profits, but also on currency was adopted. It was under the reign of Cleopatra’s having a sustainable impact, as well as a mission to develop a family that fiscal institutions, coinage, banks, and tax farming strong national economy. This strategy greatly supported the were first introduced to Egypt. In light of this, coined money Egyptian economy. was introduced to the taxation system. For example, payment of wage labor and small transactions became a new feature For nearly 100 years, BM has been a beacon of inspiration of the Egyptian economy. Following in the footsteps of the for a value-based culture that creates a stronger future every pharaohs, Egypt’s last ancient dynasty stood as an eternal day; enriching communities and nurturing the local economy beacon of learning and discovery. Many temples were built by putting human rights and the environment first. BM has and decorated to display the Ptolemaic kings as pharaohs focused on building national institutions particularly in the performing Egyptian rituals and promoting inclusiveness fields of manufacturing, aviation, maritime transport, oil, among the inhabitants of Egypt.
    [Show full text]
  • Admaf Year Book 2010
    H.E. Sheikh Nahyan Mubarak Al Nahyan Minister of Higher Education & Scientific Research President and Patron, Abu Dhabi Music & Arts Foundation H.E. Sheikh Nahyan Mubarak Al Nahyan visits the Abu Dhabi Festival 2011 exhibition "Path of Roses" with its creator, the artist Rachid Koraichi H.H. Sheikha Shamsa bint Hamdan Al Nahyan Honourable Patron Abu Dhabi Music & Arts Foundation ADMAF is honoured by Her Highness's esteemed patronage of its Education programme in 2011 The importance of art and culture in the development of our great nation has never been more vital. Through the thoughtful leadership of H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, the nation's reputation as an international hub for creativity and innovation is now strengthened by the vision of Abu Dhabi 2030 as a bridge between cultures and civilisations around the world. This vision of our capital has never been stronger and our efforts to spread tolerance and understanding and to promote dialogue will continue to mark Abu Dhabi as one of the first great cities of the 21st century. By looking forward and by continuously striving to develop and improve our society we are also tasked with the responsibility to protect and nurture the rich cultural heritage of our forefathers. By studying our past and respecting our customs we are armed with the knowledge that will ensure our children’s future is framed by a strong national identity and pride in their own history and traditions. The Abu Dhabi Music & Arts Foundation continues to play an essential role in nurturing the arts in the UAE through its far-reaching and respected educational and community programmes.
    [Show full text]
  • MPGQS LIMITED CHARTERED SURVEYORS Quantity Surveying, Project Management & Dispute Resolution
    MPGQS LIMITED CHARTERED SURVEYORS Quantity Surveying, Project Management & Dispute Resolution Tel: +44(0)203 598 2506 Fax: +44(0)203 598 2507 Mob: +44(0)7703 599446 HEAD OFFICE 6 Bevis Marks London EC3A 7BA United Kingdom BRANCH OFFICES IN: UAE, RIYADH, CYPRUS & DOHA R www.mpgqs.com [email protected] Since the founding of MPG in 1996 we have MPGQS are able to handle all the financial, been specialising in all aspects of financial, commercial, contractual and engineering commercial and contractual services to the aspects of any project from inception to construction and property industry, and completion and beyond. we remain particularly associated with our Our head oce is located in London and with origins of mechanical and electrical services. our large sta base in a number of geographical locations MPGQS is capable of providing a service right around the clock in Europe, the UK and the Gulf Region. If your project demands guaranteed results, a dedicated local team and experienced, qualified professionals, MPGQS should be your first choice. Right King Abdullah Financial City (in construction) Riyadh, Saudi Arabia Dispute Consultant, Extension of Time / Loss & Expense Submissions, Variations & Final Account Sheikh Zayed Mosque Abu Dhabi, United Arab Emirates 17. 26. 34. 42. 44. 46. 48. 50. Selected Projects in Europe Cramlington – Town 10 Upper Bank Street 45 Mill Harbour Docklands Guys Hospital Tower Olympic Stadium Wembley Paddington Academy 6 St. Pancras Square Centre Redevelopment Docklands, London London UK London UK London UK School London UK 1. 9. London UK London MEPH Cost Consultants & Preparation of Claims Cost Planning and Pre- Post Contract Expert witness, Claims London UK QS Role St Pancras International Great Ormond Street Cost Consultant QS Role for Loss & Expense, tender Estimate Services production and QS Role Loss and Expense Station Hospital Adjudication and Claims 51.
    [Show full text]
  • Company Profile
    YOUR PARTNER WHO CARES COMPANY PROFILE PO Box 14659, Zayed Bin Sultan Street, Al Ain, U.A.E.., Tel: 03-7640177, Fax 03-7640188 INDEX Section Description 1 Introduction 2 Registration Details 3 District Cooling 4 Building Services 5 Solid Waste Handling and Recovery 6 Utility Infrastructure 7 Specialised Engineering 8 Architecture & Structures 9 Quality Assurance & Health and Safety 10 Company Structure 11 Contact Details 12 Summary CV’s of Key Personnel 13 Client’s 14 Projects 15 Detailed CV’s of Key Personnel 25 July 10 Page 1 of 2 INDEX 16 Insurance – Professional Indemnity 17 Insurance – Third Party Liability 25 July 10 Page 2 of 2 Section 1 INTRODUCTION Fittons Engineering Consultancy LLC is a United Arab Emirates based practice that comes with a wealth of experience both in the U.A.E. and Europe. Fittons are committed to providing world class and buildable energy efficient “GREEN” designs that are suitable for the environment of the Middle East yet retaining the clients high expectations. The company is headed by a multi disciplined U.K. Chartered Engineer who has over thirty years professional experience and holds membership of American and several U.K. Professional Institutions. More than twenty three years of this professional experience has been in the United Arab Emirates as a Consultant in District Cooling, Major Architectural Developments, Building Services, Utility Infrastructure and Specialised Engineering Projects. • Fittons provide expertise in the following areas: • District Cooling • Solid Waste Handling & Recovery • Building Services • Specialised Engineering i.e. • Utility Infrastructure • Water Parks • Vertical transportation • Aquariums • Industrial Architecture • Water Features • Project Management • Green Designs 09 June 09 Page 1 of 1 Section 2 Page 1 of 1 Section 3 DISTRICT COOLING We have staff with up to ten years of experience in the District Cooling Industry within the U.A.E.
    [Show full text]
  • Aldar Annual Report & Accounts 2011 1
    ALDAR ANNUAL REPORT 2011 1 & ACCOUNTS ALDAR ANNUAL REPORT 2011 2 ALDAR ANNUAL REPORT 2011 3 & ACCOUNTS & ACCOUNTS 2011 ANNUAL REPORT CONTENT Chairman’s statement 04 majOr PrOjeCts 26 analYsis OF Cash FlOws 41 Yas mall 26 CeO’s statement 08 Yas waterworld 26 FinanCinG 42 Central market 27 abOut aldar 10 al Falah 28 risK manaGement 43 Our mission 10 Claveland Clinic abu dhabi 29 Corporate structure 11 al ward (al raha Gardens) 29 bOard OF direCtOrs 48 al bateen Park 29 business review 14 direCtOr’s rePOrt 50 Projects 14 ALDAR OPERATING BUSINESSES 30 Completed Projects 16 hotels 32 COrPOrate GOvernanCe 52 reimbursable projects 17 schools 33 Golf 34 COrPOrate resPOnsibilitY 56 COmPleted PrOjeCts 20 theme Parks 35 Community 58 al Zeina 20 marinas 35 environment، health, safety and security (EHSS) 59 al muneera 20 HSSE Policy statement 60 al bateen school 21 FinanCial review 38 al mushrif school 21 Key consolidated income statement information 38 FinanCial statements 61 al ain international school 21 Key consolidated statement of financial position information 39 independent auditors report 61 motor world 22 Key consolidated statement of cash flows information 39 Consolidated statement of Financial Position 62 iKea Yas island 22 highlights 40 Consolidated income statement 64 Gardens Plaza 23 headline results 40 Consolidated statement of Comprehensive income 65 sheikha salama mosque 23 Consolidated statement of Changes in equity 66 analYsis OF inCOme statement 40 Consolidated statement of Cash Flows 67 revenue 40 notes to the Consolidated Financial
    [Show full text]