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    Home»GULF»Sheikh Mohammed bin Rashid announces new private sector Emiratisation drive
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    Sheikh Mohammed bin Rashid announces new private sector Emiratisation drive

    News DeskBy News DeskFebruary 28, 2022Updated:February 28, 2022No Comments3 Mins Read
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    Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, has announced the launch of a new drive to boost the Emirati workforce in the private sector.

    Sheikh Mohammed, after leading a meeting of the UAE Cabinet at Expo 2020 Dubai on Monday, said the government would provide “additional incentives” for companies supporting the employment of citizens.

    Sheikh Mohammed, who is also Vice President, pledged that Emiratis would “remain a priority” in regards to job opportunities as well as housing, development and education.

    “Today, we have adopted a new policy for classifying private sector establishments in a way that supports the objectives and plans of Emiratisation, provides additional incentives for companies supporting the employment of citizens, and consolidates the government’s partnership with the private sector in this field,” Sheikh Mohammed wrote on Twitter.

    “The citizen will remain a priority in housing, development, education, and job and economic opportunities.

    “The citizen is the compass of the government and the role of the government is to establish an effective balance between our rapid economic growth and the provision of a better and more generous life for our citizens.”

    The UAE set out plans in September to ensure 10 per cent of the private-sector workforce were citizens in the next five years.

    A series of initiatives were launched to increase the number of Emirati private-sector workers by 75,000, by 2026, as part of the Nafis programme.

    These included paid training programmes, subsidies for Emiratis working in the private sector and support for local entrepreneurs looking to leave the public sector and start up their own companies.

    More than 2,000 Emiratis joined the UAE’s private sector in the first three months of the major recruitment drive.

    New council to shape tourism plans

    Sheikh Mohammed said the cabinet had established the Emirates Council for Balanced Development to help shape projects to develop the “regions and villages” of the UAE.

    “We approved the establishment of the Emirates Council for Balanced Development headed by Sheikh Theyab bin Mohamed bin Zayed,” Sheikh Mohammed wrote.

    “The council’s goal is to develop plans, implement projects and build private government partnerships to develop the Emirates’ regions and villages in terms of tourism and development to provide opportunities for its citizens and a future for its children.

    Bolstering workers’ rights

    The cabinet approved measures regarding the UAE’s labour market, which will encompass “developing integrated system for alternatives to employment insurance, contributing in protecting labour rights, providing more feasible benefits for employment and reducing the financial burden on many establishments”.

    Dh12 billion housing plan

    Sheikh Mohmmed said ministers agreed a housing loans budget of Dh12 billion at the meeting.

    “We adopted a housing loans budget of Dh12 billion for Sheikh Zayed Housing Programme during the coming years,” said Sheikh Mohammed in comments carried by Wam.

    “The aim is to fulfil accumulated and expected requests and reduce the waiting period during the coming years.”

    Sheikh Mohammed said the cabinet had also adopted “a set of international economic, security and environmental agreements and an institutional system to consolidate tolerance and coexistence” during the meeting.

    TN

    Dubai Nafis programme. new private sector Emiratisation drive Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid UAE
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