|
|
Article: Dubai Outsource Zone hosts Arab Bank back office operations.
- Article from:
- CPI Financial
- Article date:
- September 7, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: news@cpifinancial.net (Staff Writer)
Headquartered in Amman, Jordan, Arab Bank has had existing banking operations in the Middle East for over seven decades. As a subsidiary owned entirely by Arab Bank, the first private financial institution in the Arab world, Arab Company for Shared Services will handle the back-office transactions of the bank for the UAE, Qatar, Yemen and Bahrain with an estimated 300 employees to be based at DOZ (including employees from Arab Bank Plc, UAE).
The Arab Bank's back-office operations at DOZ will aim to centralise and standardise core business processes tailored to the needs of the GCC market. Business processes include ...