UAE Emiratisation News: During the UAE cabinet meeting led by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at the Presidential Palace in Abu Dhabi the UAE Cabinet approved 10 key steps to boost Emiratisation.
In the meeting, Sheikh Mohammed bin Rashid said;
“The UAE will keep attracting global talents, the key driving force to our economy. We will support the private sector to achieve balance in our job market and our fast-growing economy will keep providing millions of opportunities for Emiratis and residents.”
10 Resolutions to Support Emiratisation
These 10 strategic resolutions will support Emiratisation in ministries, federal and local government, federal entities, and semi-government organizations among other economic sectors.
- Creating 20,000 Job Opportunities
Publishing regulations and setting new objectives to provide 20,000 job opportunities for Emiratis over the next three years with an average of 6,700 jobs annually in different strategic sectors including civil aviation, telecommunications, banking, insurance, and real estate development sectors.
Following a comprehensive plan, Emirati employees shall be integrated into jobs that meet their skills and abilities in key sectors.
- Allocating a Dh300 Million Fund
Awarding an AED 300 million fund to build specialized training programs that enable and prepare Emirati jobseekers with theoretical and applied skills to improve performance in all key strategic sectors.
The plans will contribute to feeding necessary skills and enabling Emiratis to contribute an added value to the private sector, which plays an essential role in the UAE’s development.
- Adopting a New Training System
Choosing a new system to train 8,000 Emiratis graduates yearly in government, semi-government and private organization for 6-12 months with a Dh10,000 salary, 40 % of which will be covered by the government.
- Launching Specialized Diploma Training Programs
Starting specialized diplomas across Higher Colleges of Technology in the UAE to train and develop Emiratis for the workplace.
Training programs will be designed to develop and build 18,000 national cadres over the next three years.
- Allotting a Part of VAT Revenues
Allotting a part of VAT revenues, on the federal and local level, to building graduate development programs that build and empower new skills.
- Creating Job Opportunities in Administrative & Supervisory
Creating job opportunities for Emiratis in administrative and supervisory positions across ministries and federal entities, ensuring the selection of appropriate candidates with the required skills and abilities to fulfill their roles.
- Amending Labor & Pension Laws
Revising labor and pension laws to balance pensions and advantages for Emirati workers in the government, semi-government and private sectors.
The amendment will unify the mechanism in calculating pensions, benefits and previous service additions in government and private sectors to support Emirati employees to diversify their career choices in the private sector to acquire new skills.
- Making A Committee
Building a committee that comprises the Ministry of Human Resources and Emiratisation, the Federal Authority for Government Human Resources, the Federal Authority for Identity and Citizenship, the General Pension and Social Security Authority and Abu Dhabi Retirement Pensions and Benefits Fund to improve mechanisms that support and observe national employment across UAE firms.
- Encouraging Companies & Entities to Support Program
Entities and companies in the strategic sectors with a low number of Emirati employees will be supported to promote national skill development programs.
- Setting a Yearly Index
Setting a yearly index to calculate Emiratisation across all sectors. The government will grant excellent incentives to entities that promote job opportunities for nationals.
The UAE Cabinet shall hold an annual ceremony to reward CEOs and entrepreneurs who support Emiratisation.
For all the latest real estate news, guides, tips, events updates, and real estate blogs from Dubai, UAE and GCC, visit Realty Bridges‘ website and also subscribe us on YouTube to find the new completed and off plan projects in Dubai.