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These 16 companies are receiving UAE incentive packages for exceeding Emiratisation goals

Earlier this year, the UAE government has approved a law to increase Emiratisation rate in the country to 2 percent annually from high-skilled jobs in companies that employ more than 50 workers or more

A group of 16 companies have achieved three times more than the localisation target, and will receive incentive packages from the UAE’s Ministry of Human Resources and Emiratisation (MOHRE).

The companies, led by local company Majid Al Futtaim Hypermarkets, have employed around 1,166 Emiratis since the government announced the targets in May 2022.

The MAF unit now has 618 local employees, state news agency WAM has reported. Emirates Gateway Security Services has employed 113 UAE citizens, bringing its Emirati workforce to 526, while the Middle East unit of Teleperformance has grown its local workforce to 250.

Abu Dhabi reiterates 10% Emiratisation goal by 2026, incentives to private sector companies who will comply

Other companies who exceeded the target include: Orient Insurance, G Forty Two General Trading, IGG Emirates Advanced Training, Halliburton Worldwide Limited, Halcon Systems, Bayanat for Mapping and Surveying Services, Dubai Insurance Company, Azam Recruitment, RAK Ceramics, Majid Al Futtaim Cinemas, Riyadh School, Magic Planet, and Al-Ahly Hospital.

Earlier this year, the UAE government has approved a law to increase Emiratisation rate in the country to 2 percent annually from high-skilled jobs in companies that employ more than 50 workers or more.

Those who will comply will get incentives including reduce service fees of UAE’s MOHRE by 80 percent. Non-compliant companies will have to pay a monthly penalty of AED 6,000, starting from next year, for every Emirati who has not been employed.

The move is aimed at creating more than 12,000 job opportunities for UAE citizens.

Source: Arabian Business