LIST OF NAFIS PROJECTS
Pension support:
The UAE government will provide subsidised five-year contributions on private sector company’s behalf against the cost of pension plans for Emirati staff, and full support for the employee’s contribution across the first five years of their employment.
Salary support:
The government will top up salaries received by Emiratis in the private sector for the first year of employment, with an additional amount of Dh8,000 per month for university students, Dh6,500 per month for diploma holders and Dh4,000 per month for high school graduates. Salaries will also be subsidised for five years after employment, with university students being paid an additional Dh5,000 per month, diploma holders receiving Dh4,000 additional per month, and high school graduates receiving Dh3,000 additional per month.
Early retirement:
Emiratis in federal government will also be able to retire early once they reach 50 years of age in order to set up their own ventures. The UAE government will ensure their entitlement to full end-of-service benefits, or the retiree can choose to receive a five-year lump sum payment, known usually as a ‘golden handshake’ payment. This will also be available to select staff with employer approval.
Unemployment benefits:
The government will also provide temporary financial aid, for a period of six months, to Emiratis who lose their jobs in the private sector due to circumstances beyond their control.
Training fund:
total of Dh1.25 billion will be allocated so that specialised training programmes can be offered to Emiratis in various industries. This will allow beneficiaries in the private sector to receive internationally recognised professional qualifications in property management, accounting and business management.
Entrepreneurship drive:
A new policy will provide Emiratis in federal government with a six- to 12-month career break, with a grant amounting to half their salary, so that they can set up their own businesses. This programme will launch at the beginning of 2022, and will be available to select employees with employer approval.
Apprentice programme:
A 12-month vocational training programme will be launched in cooperation with private and semigovernmental companies, with monthly financial rewards for trained personnel. This aims to support beneficiaries with experience that qualifies them to excel in the private sector.
Child support:
Emiratis in the private sector will receive a monthly allowance of up to Dh800 per child, up to a maximum amount of Dh3,200, till each child turns 21 years old.
Privatisation targets:
A target percentage has also been set for Emirati skilled employment in the private sector. Companies that with at least 50 employees that have been operational for five years must employ two per cent of Emiratis in skilled roles in the first year, and increase this annually by two per cent to reach 10 per cent in five years
Emirati Talent Competitiveness Council:
The council is chaired by Sheikh Mansour Bin Zayed Al Nahyan, with Sheikh Abdullah Bin Zayed Al Nahyan acting as Vice-Chairman. It also includes representatives from federal government, and is tasked with providing 75,000 private sector jobs for Emiratis over the next five years. A fund of Dh24 billion has been allocated for this.
Merit programme:
This programme will support Emiratis working in specialist fields in the private sector, including programmers, nurses, accountants, coders, financial analysts, and others, with a fixed bonus of Dh5,000 per month above their own salaries.
Graduate fund:
A Dh1 billion fund under the patronage of His Highness Sheikh Mansour Bin Zayed Al Nahyan will grant micro-loans to university students and recent graduates in cooperation with national universities, with the aim of supporting them in starting their own businesses.
Healthcare programme:
An integrated programme will also train and employ 10,000 Emirati nursing professionals within the next five years. Training will be provided in three tracks including for health care assistants, a higher diploma in Emergency Medicine and a Bachelor’s degree in Nursing.