Abu Dhabi Islamic Bank (ADIB) continues to expand the reach of its financial literacy campaign, this time heading to Global Village in Dubai for the second year running.
ADIB, the capital's biggest Sharia-compliant lender by market value, is using the annual event as a platform to highlight the importance of smart money skills to visitors of Global Village, which remains open until March 30.
According to ADIB, Global Village is one of the UAE's most popular attractions with an estimated five million visitors annually.
The importance of teaching UAE residents smart money skills has been embraced by a number of banks and financial services firms, including Emirates NBD and National Bonds, since the financial crisis highlighted the world's lack of financial literacy knowledge.
"Financial education is an integral part of our brand promise," says Trad Al Mahmoud, the chief executive of ADIB. "We are confident that our customers and community will find it instrumental to living a balanced financial life. ADIB is a very active brand that interacts with the individuals of the community."
ADIB launched its SmartMoney initiative in 2011. Since then, the lender has added an interactive portal on to its website that offers tips on saving and investment. The portal helps users to formulate savings plans for education and retirement, for instance, and also carries an investment planner and savings calculator.
ADIB will host a number of educational shows at Global Village for adults and children alike. Its children's character, Darhoom, will feature in the shows. The bank has also set up specially designed mobile branches in Global Village, where visitors can seek information about financial management.
For more information - and to download the SmartMoney booklet - go to www.adib.ae.
***
Dubai Islamic Bank (DIB) is the latest lender to join the trend for children's savings accounts in the UAE.
DIB's Shaatir account is aimed at helping children to understand banking from a young age and to help them plan for their financial futures.
It also offers young account holders their own website, where children can "learn about banking and saving, play games and watch informative videos".
There are no maintenance fees, no minimum balance requirement and children receive a free money box when they open a Shaatir account.
Go to www.dib.ae for details.
pf@thenational.ae
BeIN Sports currently has the rights to show
- Champions League
- English Premier League
- Spanish Primera Liga
- Italian, French and Scottish leagues
- Wimbledon and other tennis majors
- Formula One
- Rugby Union - Six Nations and European Cups
Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20HyveGeo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Abdulaziz%20bin%20Redha%2C%20Dr%20Samsurin%20Welch%2C%20Eva%20Morales%20and%20Dr%20Harjit%20Singh%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ECambridge%20and%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ESustainability%20%26amp%3B%20Environment%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%24200%2C000%20plus%20undisclosed%20grant%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVenture%20capital%20and%20government%3C%2Fp%3E%0A
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
