UAE expands salary support to Emiratis in private and banking sectors

UAE expands salary support to Emiratis in private and banking sectors

ABU DHABI: In implementation of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and under the support of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, the Board Chairman of the Emirati Talent Competitiveness Council (NAFIS) announced increasing the support for the salaries of Emiratis in the private and banking sectors under the Emirati Salary Support Scheme that contributes to the recruitment and training costs of Emiratis in the private sector.

The support is premised to boost the government’s campaign to integrate locals into the private and banking sectors workforce, including allowances, bonuses, and other monetary incentives for UAE nationals. Over the next five years, the move will help create partnerships and support more than 170,000 beneficiaries in the private and banking sectors.

The decision covers all the employees in the private and banking sectors irrespective of the date of joining their respective workplaces, i.e., including those who were hired both before and after the Nafis program's September 13 debut.

Commenting on the announcement, Dr. Abdul Rahman bin Abdul Manan Al Awar, Minister of Human