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Press Dossier   News Category    Economy    UAE announces expanding salary support to citizens in private and banking sectors

Khaleej Times, Sunday, Nov 27, 2022 | Jamadi Al Awwal 3, 1444

‏UAE announces expanding salary support to citizens in private and banking sectors

Emirates : The UAE government has expanded the salary support it offers to Emiratis hired in the private and banking sectors. This will boost the government’s campaign to integrate locals into the private sector workforce. It includes allowances, bonuses, and other monetary incentives for UAE nationals.

Citizens earning a monthly salary of less than Dh30,000 will receive an allowance. The salary support will offer up to Dh7,000 a month to those with bachelor’s degrees, Dh6,000 to diploma holders and Dh5,000 to high school graduates. It also offers child support to employees, and temporary financial help in cases of job loss.

The Emirati Salary Support Scheme contributes to the recruitment and training costs of Emiratis in the private sector. The expanded salary support scheme will benefit more than 170,000 UAE nationals over five years.

Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, said the decision covers all employees of the private and banking sectors. It also includes employees hired before the Emirati Talent Competitiveness Council (Nafis) programme went into effect in September 2021.

Sheikh Mansour is the Board Chairman of the Emirati Talent Competitiveness Council (Nafis).

The move is to implement directives issued by the President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, and under the support of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Nafis is a federal programme to increase the competitiveness of Emirati human resources and empower them to occupy jobs in the private sector. More than 14,000 Emirati job-seekers have joined the private sector since it was launched.

Data shows that over 21,000 Emiratis had benefited from the programme’s financial assistance scheme.

Dr. Abdul Rahman bin Abdul Manan Al Awar, Minister of Human Resources and Emiratisation, said: “There is no doubt that raising the levels of Emiratisation will reflect positively on the national economy and will bring great benefits to the private sector in particular, as it will have higher levels of flexibility and greater opportunities to face global and local challenges.

“We are on the threshold of a new phase that raises the competitiveness of the business environment by increasing the contribution of Emirati cadres in writing new chapters of the UAE success story. At the Ministry of Human Resources and Emiratisation, we will directly monitor the impact of supportive programmes on accelerating the integration of Emirati cadres into the labor market in the private sector, which is an active partner in the process of progress and development.’’

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