Emirates NBD signs strategic partnership extending support for Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence

Press release
Published January 13th, 2014 - 10:28 GMT

Ahmed Al Marzouqi, General Manager - Retail Distribution, Emirates NBD
Ahmed Al Marzouqi, General Manager - Retail Distribution, Emirates NBD

Emirates NBD, a leading bank in the region, today signed a strategic partnership with Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence, extending support through 2014, for various initiatives from Dubai Courts, the highest legal authority in the Emirate of Dubai. The main focus of this partnership will be the enhancement of legal training and education on par with global standards, through support for the third edition of the courts various initiatives. 

The move is in line with the bank’s ongoing commitment to support community-related initiatives, especially initiatives that contribute to the development of education and training in the judicial and legal areas. The new partnership also builds on the historical ties between Dubai Courts and National Bank of Dubai, UAE’s first national bank and one of the parent/ legacy organisations of Emirates NBD – a relationship that was first formed when the bank opened a branch at Dubai Courts more than 19 years ago. 

The agreement was signed by Ahmed Al Marzouqi, General Manager - Retail Distribution, Emirates NBD, and Dr. Ahmad Saeed Bin Hazeem, General Director - Dubai Courts and Chairman of the Supreme Committee of Initiatives, at a special ceremony attended by a number of senior officials from both parties. 

“Emirates NBD is committed towards the principles of social responsibility and community services, which are considered an integral part of the basic role of a national institution,” said Al Marzouqi. “The signing of this strategic partnership with Dubai Courts, a leading government institution in the judicial field, will enable us to provide support to all initiatives and programmes from Dubai Courts over the next year. Most notably, our focus will be on the ‘Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence,’ which is designed to develop the long-term knowledge and skills of the UAE’s legal and judicial community.” 

Dr. Ahmad Saeed Bin Hazeem said that the “Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence” encompass a wide range of programmes and competitions that play a leading role in developing the skills of law students, and those involved in the legal field. He added that over a short period of time, Dubai Courts had managed to organise six such initiatives, that have became a platform for launching leading programmes in the legal and judicial fields. 

Bin Hazeem also indicated that Emirates NBD’s sponsorship of the “Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence” is an example of a strategic partnership between two leading organisations. He added that this partnership will significantly contribute to achieving the main objectives of the “Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence” of creating a qualified legal generation, who will effectively play a role in establishing judicial norms on par with global standards within the society. 

The “Maktoum Bin Mohammed Al Maktoum Initiatives for Legal Excellence” are intended to develop a well-versed and experienced generation of law students, and build the capabilities of employees in the judicial system to further achieve legal excellence.

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

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