"Human Resources and Emiratisation" rewards private companies with an 80% discount on fees and raises their rating
The Ministry of Human Resources and Emiratisation has approved incentives and benefits for 16 private companies, including upgrading their classification to the first category of facilities in the Ministry of Human Resources and Emiratisation, entitlement to reduce the fees of the Ministry of Human Resources and Emiratisation by up to about 80%.
The ministry explained that giving these companies the previous incentives and benefits comes in honor of them, after their success in achieving more than three times the Emiratisation target, in just two months.
The Minister of Human Resources and Emiratisation, Dr. Abdul Rahman Abdul Manan Al Awar, affirmed that the UAE places economic development and the empowerment of human capital at the forefront of priorities to achieve its forward-looking vision for the next five decades in order to reach its goal of "building the best and most active economy in the world."
He stressed the importance of effective partnerships with private sector companies, "being an essential element in translating the future vision of the business environment in the country and its role in generating job opportunities and opening new horizons for economic activities in sectors that respond to the priorities of the future in all fields and benefit from the capabilities of Emirati competencies that enjoy educational and training levels." And the experiences it gained in a global economy that is unparalleled in the region in terms of its vitality, dynamism, openness to different cultures and civilizations, and its use of the latest advanced technology applications.”
This came during a ceremony held at the headquarters of the Ministry of Human Resources and Emiratisation in Dubai yesterday, in which he honored 16 companies that managed in just two months, June-July 2022, to achieve more than three times the Emiratisation target.
Al Awar pointed out that the private sector in the country “continues to benefit from the high levels of competitiveness of the UAE economy, which is taking confident steps towards achieving more successes in the coming years, in order to achieve the goal of enhancing business sustainability in the country, which has become the capital of talent, companies and investments, and continues its progress to be the next capital for the future.” ".
He explained that "the honoring of companies comes at a time when the state witnessed the launch of a series of initiatives and decisions and a package of laws and regulations to achieve a comprehensive development vision to enhance the business environment in the country and lay new foundations that contribute to the localization of jobs in the private sector, upgrading the capabilities of national competencies and cadres, and increasing the attractiveness of the labor market in The state and its ability to attract these talents through an integrated package of incentives and safety nets that support healthy and sustainable economic growth.”
He pointed out that honoring these companies that have achieved more than three times the Emiratisation target, which is 2% annually for skilled jobs in private sector establishments that have 50 or more employees, according to a Cabinet decision, "carries a special importance that stems from its consistency with the development model of the UAE, which it laid its foundations." The rational leadership rests on essential pillars, foremost of which is the full partnership between the public and private sectors to achieve the best economic and social returns and results, which is what the Ministry is keen on in its approach to the process of developing the business environment in the country and raising the levels of Emiratisation in the private sector.
He stressed that "this appeared through the decisions recently adopted by the Council of Ministers related to raising the rates of Emiratisation in the private sector and the unprecedented incentives provided to sector companies that achieve qualitative achievements in training and employing citizens, which contributes to achieving the objectives of "Nafis" and other relevant decisions that formed part of It is part of the legislative and legal structure that the UAE government is keen to constantly develop in order to respond to the priorities of the national economy.”
Today, we celebrate exceptional results at all levels. In cooperation with the leading companies that we honor today, 1,166 opportunities have been created for UAE nationals in quality skilled jobs that open the doors to the future for them to develop their capabilities and enhance their competencies and at the same time raise the competitiveness of the companies they work for by enabling them to Take advantage of their talents.
The list of honored companies includes Majid Al Futtaim Hypermarkets, Emirates Gate Security Services, Tele Performance, Orient Insurance, Azzam Recruitment, Ras Al Khaimah Ceramics, Majid Al Futtaim Cinemas and Riyadh School. Magic Planet - Majid Al Futtaim, Al Ahli Hospital, Dubai Insurance Company, Halliburton Worldwide Limited, EGG Emirates for Advanced Training, Halcon Systems, G Forty Two and Bayanat Surveying Services ".
The Ministry had recently issued a decision to reorganize the “Emiratization Partners Club” in line with the set of decisions recently adopted by the Council of Ministers regarding raising the current Emiratisation rates at a rate of 2% annually for skilled jobs in private sector establishments with 50 or more employees and motivating companies that achieve qualitative achievements in training And the employment of nationals, in a way that enhances the club’s role as an advanced platform for consultation and exchange of experiences, expertise and practices in the training and employment of Emirati cadres in the private sector.
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