Emiratis shine in UAE’s thriving banking sector

Emiratis shine in UAE’s thriving banking sector

UAE Nationals play a pivotal role in the UAE’s thriving banking sector, contributing their local knowledge, cultural understanding, and leadership skills

Man and woman with traditional clothes working in a business office of Dubai. Portraits of successful entrepreneurs businessman and businesswoman in formal emirates outfits. Concept about middle east

By Muzaffar Rizvi Published: Wed 30 Aug 2023, 3:05 PM

The UAE is renowned for its vibrant economy and flourishing banking sector, which is considered the cornerstone of its financial stability. Over the past few decades, the UAE has experienced remarkable growth, thanks to the visionary leadership and the active participation of Emiratis in various sectors, particularly in the banking industry.

The UAE government has been proactively promoting Emiratizstion initiatives, which aim to increase the participation of Emiratis in the private sector, including the banking industry. These measures include providing scholarships, training programmes, and employment opportunities specifically tailored towards empowering Emiratis in the finance sector. Emiratis, in turn, have responded positively, seizing these opportunities by acquiring specialised skills and expertise required in the banking sector.

Emiratis’ contributions

The UAE Nationals possess an innate understanding of the UAE’s cultural values, traditions, and local market dynamics. This deep understanding allows them to engage effectively with local customers, bridge cultural