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The UAE has given the green light to a Dh6.4 billion budget to enhance Emiratisation efforts in the private sector. The Nafis program, which started in 2021, has a new goal: to have 36,000 citizens working in private companies by 2024, according to report. The budget for this was approved during a meeting chaired by Sheikh Mansour bin Zayed, who is a top official in the UAE government. During the Nafis meeting chaired by Sheikh Mansour bin Zayed, several ministers and board members were present. The meeting discussed the increase in Emiratis working in the private sector, which has gone up to 92,000 since the Nafis program began in September 2021. Around Dh4.2 billion has been paid to individuals enrolled in the Nafis program as of December last year. Sheikh Mansour praised the efforts made to meet Emiratisation goals and encouraged more citizens to work in the private sector. Various programs have been launched across different sectors to boost Emiratisation in private companies. Recently, UAE schools announced plans to hire more graduates as teachers to meet rising Emiratisation targets. HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, introduced a scholarship fund worth Dh1.1 billion to help Emirati students find jobs in the private sector. Last year, thousands of Emirati students participated in a job training scheme to encourage them to work in private companies. The Ministry of Human Resources, along with the Ministry of Education and the Education and Human Resources Council, launched a one-year pilot program to prepare students for future careers. This program will be expanded over the next five years to include more students. #Education #Emiratisation #graduates #UAE #billion #careers

UAE Nationals in Public Sector to Benefit from New NAFIS Initiatives in 2024 💭 👨💼 🌍 The UAE government has announced a series of new initiatives under the NAFIS program designed to increase the participation and development of Emirati nationals in the public sector. This move underscores the nation’s commitment to enhancing the skills and career prospects of its citizens, ensuring that they are at the forefront of the country’s growth and development. The NAFIS (National Advancement for Future Innovative Skills) program, launched initially to promote Emiratisation in various sectors, has been expanded with a focus on the public sector for 2024. This expansion is designed to create more opportunities for UAE nationals, providing them with the necessary tools and platforms to excel in their careers. Features of NAFIS program include: -Enhanced Training and Development -Mentorship Programs -Career Progression Opportunities -Innovation Hubs -Flexible Work Arrangements -Inclusive Policies Its great to see the UAE government implementing more and more each year to open UAE Nationals to more opportunity to further their skillsets and open them to more opportunities within their home country and the rest of the world for the future. #UAE #uaerecruitment #humanresources #NAFIS #Projectsofthe50

🌟 UAE: Over 114,000 Citizens Now Employed in Private Companies! 🌟 Since its launch in September 2021, the Nafis initiative has been a game-changer for Emiratis 🇦🇪 looking to thrive in the private sector! 🚀 With more than 114,000 citizens now employed in private companies, Nafis is reshaping the job market in the UAE! 🔄 The program offers several benefits to support and empower Emiratis: 💼 Salary Support Scheme: Ensures competitive wages in the private sector. 👶 Child Allowance Scheme: Offers financial support for Emirati families. 💸 Pension Program: Secures the future with a retirement plan. 🛡 Unemployment Benefit: Provides a safety net in case of job loss. This marks a significant step in creating a balanced and inclusive workforce, allowing Emiratis to explore diverse career opportunities in the private sector. 🌍 By supporting initiatives like Nafis, the UAE is paving the way for a brighter, more sustainable future for its people. 🌱 #UAE #Nafis #PrivateSector #CareerGrowth #EmiratiEmpowerment #Sustainability #Innovation #Workforce

#Learning about the Kingdom 🇸🇦 “Saudization” What do you know about Saudization in Saudi Arabia, from objectives to compliance. We believe it’s very important to know Essential for businesses looking to align with national policies. In recent months, the KSA Ministry of Human Resources and Social Development (MHRSD) has continued to push the government’s Vision 2030 plan, this plan aims to create more jobs for Saudi nationals in the private sector by focusing on certain roles, professions, and parts of the economy. Both foreign and local companies have had to adjust their workforces to meet these new labor rules, which emphasize hiring more Saudi nationals. In this article, we will look at some of the recent changes in Saudization and how they have affected employers. The term “Saudization” refers to the #Nitaqat or Saudi Nationalisation Program, employing Saudi citizens is now required of businesses thanks to a Ministry of Labour initiative.  Saudization is mostly concentrated in the private sector and is based on a quota system that varies according to the size, kind, and industry of the enterprise. The goal of Saudization is to address many issues related to Saudi citizens’ employability, these issues will be covered in more detail below. The Kingdom of Saudi Arabia (KSA) is widely seen as having a significant impact on the world economy.  Saudi Arabia (KSA) adopted a pro-business stance following COVID-19 when the global economy was experiencing a downturn. As a result, the KSA’s economy is currently among the fastest-growing in the world, given the good economic conditions and strategic location of the region, the government wishes to guarantee that every Saudi national has access to opportunities for professional, social, and economic advancement.  As a result, employers in Saudi Arabia are required to hire a certain number of Saudi nationals. To discover how we can become your trusted partner in managing your family’s wealth and private office needs, please contact us to schedule a consultation Saudi Business Council Care: info@saudibusinesscouncil.com Investor Care office: InvestorCare@misa.gov.sa We look forward to guiding you toward financial success with our expertise and commitment. Written by @KiraNegron #Saudization #SaudiArabia #saudivision2030 #Australia #Australianbusiness #saudiprojects #Saudi #Baticfirm #SpanishBusiness #Portugal #Spain #SaudiBusinessCouncil

Saudi Arabia will establish a “state-of-the-art skill university” in Pakistan to meet its demand for skilled workforce for upcoming projects in the Kingdom. The Ministry of Overseas Pakistanis and Human Resource Development has recently planned to propose allocation of a special quota for Pakistani skilled and semi-skilled workers for NEOM and other upcoming projects, the state-run. The proposal for Saudi Arabia to establish a state-of-the-art skill university in Pakistan further aligns the two nations in their pursuit of economic transformation. “The training of Pakistani workers to meet the rising needs of the Saudi labor market and enhance their skills and capabilities were also key points of discussion” “The Ministry has proposed collaborative efforts between the Embassy of KSA in Islamabad, the Consulate General (CG) Karachi, and Pakistani authorities to facilitate the entry of new Overseas Employment Promoters (OEPs) into the Saudi sector.” The high-level delegation visit aims to align Pakistan’s workforce with Saudi Arabia’s economic transformation program under Vision 2030, fostering a strong partnership for mutual benefit. Saudi Arabia’s Vision 2030 is a strategic development framework intended to cut the Kingdom’s reliance on oil and develop public service sectors, such as health, education, infrastructure, recreation and tourism. #sateofArt #Pakistan #University #establish

Education and training is fundamental pillar to develop a knowledge based economy which will allow #UAE #AbuDhabi and #Dubai to lead in #technology and #innovation.

Saudi Arabia will establish a “state-of-the-art skill university” in Pakistan to meet its demand for skilled workforce for upcoming projects in the Kingdom. The Ministry of Overseas Pakistanis and Human Resource Development has recently planned to propose allocation of a special quota for Pakistani skilled and semi-skilled workers for #neom and other upcoming projects, the state-run. The proposal for Saudi Arabia to establish a state-of-the-art skill university in Pakistan further aligns the two nations in their pursuit of economic transformation.

Exciting news from Sharjah! His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi has issued an Emiri Decree to establish the Global Studies University, marking a significant milestone in Sharjah's journey to becoming a hub for world-class telecommunications and future technologies. This new non-profit institution, with its diverse colleges focusing on African, Asian, and European studies, will not only enhance educational opportunities but also foster international collaboration and innovation in telecommunications and technology. By providing financial and administrative independence, the university is poised to drive forward-thinking research and development in emerging tech fields, further solidifying Sharjah’s status on the global stage. Headed by Sheikha Hoor Bint Sultan Bin Mohammed Al Qasimi, the Global Studies University is set to become a cornerstone for academic excellence and a catalyst for technological advancements. This initiative is a testament to Sharjah's commitment to fostering a knowledge-based economy and attracting global talent. This strategic move aligns perfectly with our goals at the CEBC to promote sustainable development and innovation in the region. By supporting cutting-edge research and education in future technologies, we are collectively driving towards a more sustainable and technologically advanced future. For more details, check the announcement here:https://lnkd.in/dshm6HyB #CEBC #GreenUpdates #Sharjah #GlobalStudiesUniversity #Innovation #Telecommunications #FutureTechnologies #Education #SustainableDevelopment #TechAdvancement

As the school year wraps up and summer begins, the #education market in the GCC continues to show promise. Significant government spending has been allocated for education in the GCC countries. Saudi Arabia leads with a 17.0% allocation in 2023, followed by #Oman at 16.7%. The UAE has increased its education budget from 14.8% in 2020 to 15.5% in 2023, while #Kuwait consistently invests 11.5% in the sector. These figures surpass those of the #US, #UK, and #Germany. To cater to the growing demand for education, Saudi Arabia is expanding its infrastructure, primarily through private sector involvement, and introducing reforms as part of its Vision 2030 strategy to establish a knowledge-based economy. Over the past five years, student enrolments across the region have increased by more than half a million, driven by the influx of private school operators, favorable policies, and a focus on #technology-driven education. GESS Dubai and other education-related trade shows & exhibitions remain a pivotal platform for #Irish companies to network and engage with key industry players across the region. Our Market Advisor & Education Specialist, Cara Edwards, is on hand to guide #Irish companies through the exciting opportunities in the GCC’s education market. Don’t hesitate to connect with her for latest insights and emerging trends into this flourishing sector. Enterprise Ireland #gcc #uae #saudiarabia #ksa #edtech #marketgrowth #trade #export #businessopportunities #marketentry #internationaltrade

The newly launched New Economy Academy - أكاديمية الاقتصاد الجديد is breaking ground by focusing on financial literacy and real estate brokerage, specifically tailored for Arabic-speaking individuals. This initiative is a game-changer, addressing a critical need for financial education in our communities. Financial literacy is not just a skill, it’s a necessity in today’s fast-paced world. Understanding money management, investments, and real estate can empower individuals to make informed decisions, achieve financial stability, and build a secure future. The New Economy Academy’s targeted approach ensures that these essential skills are accessible to Arabic speakers, fostering economic growth and personal development. Embedding financial education in school curriculums from an early age can equip future generations with the knowledge they need to navigate the complexities of the financial world. Those eager to learn more can click the link below or reach out to my colleague Rahma Alshihhe #NewEconomyAcademy #Dubai #Learning #FinancialLiteracy