AED 6.4 billion budget approved to boost Emiratisation

WAM

A budget of AED 6.4 billion has been approved for the Nafis scheme to empower Emirati talent and facilitate the entry of 36,000 citizens into the private sector workforce in 2024.

His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, approved the budget during the Emirati Talent Competitiveness Council's board meeting.

He also reviewed efforts aimed at enhancing the participation of UAE nationals in the private sector.

Around 92,000 Emiratis are now employed in the private sector, with 41,800 joining in 2023.

Meanwhile, a total of AED 4.2 billion was paid to individuals who signed up to the Nafis programme, as of December 2023.

 

More from Local

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Entertainment Extra

    1:00pm - 2:00pm

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.