Over 20,000 job opportunities will be created for UAE nationals in a variety of sectors, Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced.
Sheikh Mohammed said the positions will be created in aviation, telecommunications, banking, insurance and real estate sectors over the next three years.
In a major Emiratisation push, he said UAE nationals will be given priority when applying for jobs in 160 professions in all government, semi-government, federal and local companies and private sector firms, while ‘managerial’ positions in government institutions will be limited to Emiratis.
Every year, 8,000 graduates will be able to gain experience at government, semi-government and private companies, with 40% of their AED10,000 ($2,700) monthly salary to be subsidised by the state, according to news agency WAM.
The decision was approved during a Cabinet meeting on Sunday.
“Today we have decided to create 20,000 jobs in the banking, aviation, telecommunications, insurance and real estate sectors within three years,” Sheikh Mohammed tweeted. “We have approved AED300 million to train 18,000 citizens.”
Sheikh Mohammed added that “we also approved legal amendments to equalise citizens in the private sector with the government, especially in the calculation of pension and service annexation”.
Additionally, Sheikh Mohammed said that those who are late in achieving Emiratisation rates will be obliged to contribute financially to the government’s efforts.
“We will produce an annual settlement index. We will honour the economic figures who support the Emiratisation file and give them exceptional government incentives,” he added.
The next priority, Sheikh Mohammed said, will be the economy.
“We are working on a new vision for the national economic development plan. We will put forward a set of ideas, programmes and legislations that stimulate the economy soon,” he said. “My message to everyone is: ‘We will not stop as, in the UAE, we don’t like to do so’.”
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