New Emirates Pilots Club identity

The Emirates Pilots Club, or EPC, has revealed a new name, identity, membership and partner’s strategy some fifteen years after its original formation.

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Published: Fri 31 Oct 2014, 10:32 PM

Last updated: Fri 3 Apr 2015, 8:45 PM

The organisation will now be called the Aviation Professionals Club as part of a new brand positioning, which will be supported by a new identity and membership proposition “Privileged Access to the Good Life”.

The re-branding of this renowned and exclusive membership club reflects the dramatic growth and expansion experienced by the UAE’s aviation sector. It forms the foundations upon which the Aviation Professionals Club will embrace a new chapter, delivering greater value for its membership and opportunities for its commercial partners without compromising it’s not for profit status.


Fitch assigns ‘A-’ to Noor Bank IDR

Fitch Ratings has assigned Dubai-based Noor Bank a long-term foreign currency issuer default rating, or IDR, of “A-” with a stable outlook along with a support rating at “1”.

According to Fitch, Noor’s IDR and support rating reflect an extremely high probability of support available from the UAE authorities, and Dubai, if required. Noor support rating also considers the close ties and ownership links between Noor and the Dubai government.

Fitch notes that Noor has been successful in growing its customer base and gradually improving the diversification of its financing book. According to Fitch, Noor’s profitability ratios are satisfactory, with a net income on average equity of 11 per cent and net income on average assets of 1.2 per cent in 2013.


FGB customer wins Dh1m grand prize

FGB customer Avtar Singh Harsangat Singh recently won the grand prize of Dh1 million in the seventh quarterly draw of the bank’s FirstSavings Certificate, or FSC, scheme.

FGB launched the FSC scheme in November 2012 to promote a savings culture amongst UAE residents and enhance financial literacy in the country. FGB’s aim was to provide products and services that meet the financial needs and goals of their customers, and reward them for their loyalty. Khalid Al Ghufili, head of sales and service, FGB Customer Experience, presented the award to the winner.

Singh said: “I was really taken by surprise. I have been regularly saving in FSC for my family. I have won smaller prizes here and there, but I never expected to win the grand prize. I’d like to thank FGB for such a generous amount.”

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