UAE's tourism agency gets Adam Smith award

UAE's tourism agency gets Adam Smith awardAbu Dhabi, July 5 - The Tourism Development and Investment Company (TDIC), in charge of developing tourism and cultural destinations in Abu Dhabi, has received the Adam Smith Award 2013 for best practice and innovation in the corporate treasury arena.

The Adam Smith Awards are the largest corporate treasury awards programme in the world. Celebrating its sixth edition, this year's Adam Smith Awards attracted over 200 nominations across industry sectors from 25 countries.

The TDIC was announced as one of the top-three highly commended companies in the "One to Watch" category at this year's awards in London recently.

The award was received by Harish C. S. Pai, manager of treasury operations in the TDIC treasury department.

The award recognises the department for creating the first-of-its-kind innovative paperless payment approval system in the UAE, using the organisation's internal electronic platform.

The system was created in 2012 in partnership with the Abu Dhabi Commercial Bank to streamline the process of submitting remittance instruction payments between the two organisations. (IANS)


Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate

Popular Stories

Sufi legend Begum Yaman passes away at 52

New Delhi [India], Apr 28 : Famous sufi singer and... Read More

No farmer committed suicide over drought: TN Govt. to SC

New Delhi [India], Apr. 28 : In a development bound... Read More

Never took studies as 'burden', says JEE 2017 topper

Udaipur (Rajsthan) [India], Apr 28 : Kalpit Veerwal... Read More

Narada sting: ED files case against TMC leaders

New Delhi [India], Apr. 28 : After the Central... Read More

UP STF raids petrol pumps, eight caught using cheating chip

Lucknow (Uttar Pradesh), April 28 : The special... Read More

UP school issues bizarre diktat: Yogi haircut

Meerut (Uttar Pradesh) [India], Apr 28 : In a... Read More