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UAE allocates Dh24b to hire 75,000 Emiratis in private sector in five years
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Abu Dhabi: A Dh24 billion programme to hire 75,000 Emiratis in the private sector in the next five years was unveiled in Abu Dhabi as part of 50 new projects to boost the UAE development, to mark its 50th anniversary since its unification.

The event was held in Qasr Al Watan in Abu Dhabi on Sunday and was attended by Cabinet ministers and senior officials.

The projects announced by the government include setting up the Emirati Talent Competitiveness Council, Dh1 billion Alumni Fund to grant micro-loans to university students and recent graduates, a monthly allowance of up to Dh800 per child, up to a maximum amount of Dh3,200 for citizens in the private sector, Dh1.25 billion will be allocated so that specialised training programmes and 10 per cent Emiratisation target in skilled roles in the private sector in five years, said Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs.

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COURTESY GULF NEWS

Revealed: Full list of UAE’s new Emirati Talent Competitiveness Projects
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Abu Dhabi: The UAE government on Sunday revealed a string of new initiatives to boost the representation of Emirati talents in the private sector, as part of the wider ‘Projects of the 50’ being announced during the ‘Year of the 50th’ anniversary of the country.

Here is an overview of all the talent development programmes under the newly-announced ‘Nafis’ initiative:

1. Emirati Talent Competitiveness Council: This includes representatives from federal government, and is tasked with providing 75,000 private sector jobs for Emiratis over the next five years.

2. Salary support: The government will top up salaries received by Emiratis in the private sector for the first year of employment, with an additional amount of Dh8,000 per month for university students, Dh6,500 per month for diploma holders and Dh4,000 per month for high school graduates.

3. Merit programme: This programme will support Emiratis working in specialist fields in the private sector, including programmers, nurses, accountants, coders, financial analysts, and others, with a fixed bonus of Dh5,000 per month above their own salaries.

4. Pension support: The UAE government will provide subsidised five-year contributions on private sector company’s behalf against the cost of pension plans for Emirati staff, and full support for the employee’s contribution across the first five years of their employment.

5. Child support: Emiratis in the private sector will receive a monthly allowance of up to Dh800 per child, up to a maximum amount of Dh3,200, till each child turns 21 years old.

6. Training fund: A total of Dh1.25 billion will be allocated so that specialised training programmes can be offered to Emiratis in various industries.

7. Apprentice programme: A 12-month vocational training programme will be launched in cooperation with private and semi-governmental companies, with monthly financial rewards for trained personnel.

8. Privatisation targets: A target percentage has also been set for Emirati skilled employment in the private sector.

9. Healthcare programme: An integrated programme will also train and employ 10,000 Emirati nursing professionals within the next five years.

10. Graduate fund: A Dh1 billion fund will grant micro-loans to university students and recent graduates in cooperation with national universities, with the aim of supporting them in starting their own businesses.

11. Entrepreneurship drive: A new policy will provide Emiratis in federal government with a six- to 12-month career break, with a grant amounting to half their salary, so that they can set up their own businesses.

12. Early retirement: Emiratis in federal government will also be able to retire early once they reach 50 years of age in order to set up their own ventures.

13. Unemployment benefits: The government will also provide temporary financial aid, for a period of six months, to Emiratis who lose their jobs in the private sector due to circumstances beyond their control.

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