By Deepak Rodey
It can be marked as the best occasion for Ayman Adel Kamal who is presently the Vice President of the real estate and investment division of the Dubai Islamic bank, when his bank won the best investment bank award for their achievement over the past 12 months. This would not only increase the reputation and market credibility of the "Dubai Islamic bank", but also boost the moral real estate investors and builders who seek capital investment through the bank.
Incidentally the Dubai Islamic Bank which has funded many real estate investment propositions and neighboring areas is led deeply by the principles of Islam contributing another factor to being labeled as the "best real estate investment management bank". This award has been presented by the "liquid real Estate Magazine" which is also a part of the "Euromoney". The award ceremony was held in London and it covered real estate banks from over 50 countries.
Dubai has grown the size of its real estate industry by many times over the past few years. Therefore the contribution of real estate investment banks is indispensable for the sustenance of this outstanding growth. Real Estate investment banks have been providing the much need financial support to these banks especially in an inflatable industry like Dubai. This has earmarked the progress of the real estate builders as well as small investors who have capitalized on these investments. Moreover investment banks much like the Dubai Islamic bank have served as a resource which has fed the growing demand for commercial as well as the residential spaces in this fast developing economy of Dubai.
Awards such as these have aroused much competition in the investment banking sector promoting a more growth oriented environment in this segment. Banking industry is now increasingly concentrating on their strategies, visions, missions, execution capabilities as well as management aspects. Banks, for example have started recruiting extremely skilled staff inviting expertise from various countries of the world. As an example the newspapers in India and Pakistan and other neighboring countries are flooded with vacancies from banks in Dubai and other Emirates. These banks generally look for extremely skilled and experienced staffs who can help them capitalize on the growing real estate market of Dubai.
These days many private banks have established themselves well in the Middle East region. Some prominent names are like that of ABN AMBRO, Citigroup, HDFC, Dubai Islamic Bank, Standard Chartered and many other big names thriving to capture major chunks of the expanding real estate opportunities in Dubai along with the rest of the emirates. Now it depends on the services provided by these banks and the investment opportunities in real estate markets like that of Dubai that they can extract a handsome profit from.
Deepak Rodey works for Property Advice Dubai a real estate dubai company Article Source: http://EzineArticles.com/?expert=Deepak_Rodey |
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