UAE’s Ministry of Human Resources and Emiratization (MoHRE) has honored 16 companies that achieved more than triple of their Emiratization ratios in two months only – June and July 2022.
UAE Minister of Human Resources and Emiratization Dr. Abdulrahman Abdulmannan Al Awar said that the private sector in the country continues to benefit from the national economy’s high competitiveness.
The economy is making strides towards achieving greater successes in the coming years and to enhance business sustainability in the UAE, which has become a hub for talent, companies and investments, he said.
Al Awar said the UAE prioritizes economic growth and human capital empowerment to achieve its vision for the upcoming 50 years, reaching the goal of building the best and most active economy in the world.
“Effective partnerships with private sector companies are key to realizing the UAE’s vision for business environment,” he said.
“The private sector plays a crucial role in creating job opportunities and opening new horizons for economic activities in sectors that respond to the priorities of the future and benefits from the capabilities of Emirati talent,” he added.
“Emiratis possess advanced levels of education and training and have gained experience in an international economy that is dynamic and open to diverse cultures and civilizations and applies the most advanced technologies available,” Al Awar said.
He said that honoring the companies follows the launch of a series of initiatives, decisions, laws and regulations to enhance the business environment in the UAE and contribute to the Emiratization of jobs in the private sector.
“These steps will also enhance the capabilities of local talents and the job market’s ability to attract these talents through a group of incentives that support healthy and sustainable economic growth,” Al Awar said.
He said, “Today, we celebrate the achievements of some companies that have achieved three times the Emiratization target in a record time of two months, which is a testament that we are on the right track.”
He said, “The response of local talents, their readiness to fill the job opportunities available and the swift response of the UAE’s business community align with the nation’s development goals and the effectiveness of the valuable stimulus packages offered.”
The Emiratization target is set at two percent annually for high-skilled jobs in establishments that employ 50 workers or more.
“The public-private partnership achieves the best socio-economic results which is what the MoHRE is focused on in its approach to developing the business environment in the country and increasing Emiratization levels in the private sector,” Al Awar said.
“This is evident through the decisions adopted by the UAE Cabinet regarding raising the Emiratization rates in the private sector and the unprecedented incentives offered to companies that train and employ UAE nationals,” he said.
“This along with other relevant decisions form part of the legislative and legal structure that the government of the UAE is keen on developing in line with the priorities of the national economy and contributing to achieving the goals of the Emirati Talent Competitiveness Council (Nafis),” he added.
The minister said, “At least 1,166 opportunities have been created for UAE nationals in high-skilled jobs, opening the doors of the future for them to develop their capabilities and enhance their competencies.”
The companies that were honored include Majid Al Futtaim Hypermarkets, Emirates Gateway Security Services, Teleperformance Middle East Business Services, Orient Insurance, Azam Recruitment, Ras Al Khaimah Ceramics, Majid Al Futtaim Cinemas, Riyadh School, Magic Planet, Ahalia Hospital, Dubai Insurance Company, Halliburton Worldwide Limited, IGG Emirates Advanced Training, Halcon Systems, G42 and Bayanat for Mapping and Surveying Services.
These companies will benefit from several incentives, including upgrading their classification to the first category which is entitled to significant benefits, including the reduction of up to 80 percent of the Ministry of Human Resources and Emiratization’s fees.