At 50 years of age, the UAE is a young country with several global achievements, which can be credited to strategic leadership and a strong commitment to socio-economic development. As the UAE looks forward to the next 50 years of growth and development, a core priority on the national agenda is building human capital.
The UAE’s ambition is to be among the top three countries globally in talent attraction, as well as in terms of the availability of highly skilled employees, goals that can be achieved through both disruptive thinking and a raft of regulatory measures.
The UAE Strategy for Talent Attraction and Retention, a recent revision of labour laws, the shift to a Saturday-Sunday weekend, new visa rules and some of the world’s most generous parental leave policies are among the measures and schemes that are being implemented to attract top talent to the country.
Equally, fostering national talent is a priority. Recognising the crucial role that UAE citizens play in building a resilient, fast-growing economy, the government has intensified Emiratisation efforts in tandem with the above initiatives. In fact, Emiratisation will be critical to achieving the UAE’s ambition to be the foremost destination for living, working and investing.
A strategy for nurturing and growing national talent is expected to fuel fresh, indigenous points of view and interests, with more inclusive growth for organisations and society at large. It will help achieve a gender-diverse workforce, as more Emirati women participate and rise in seniority. And a diversity of ethnicities, experiences and ideas ultimately contributes to building great organisations.
The UAE’s future-focussed strategy to build human resources is underpinned by a robust Emiratisation programme. These include consistent, high-impact government initiatives and a general target of 10 per cent Emiratisation in the private sector by 2025 in skilled and knowledge-based roles (with the current requirement being 2 per cent for commercial organisations).
“Nafis”, launched in September 2021, is an initiative driving Emiratisation in the private sector. Part of the UAE’s "Projects of the 50”, it has an ambitious target of creating 75,000 jobs in the private sector by 2025. Nafis seeks to support Emirati nationals entering the workplace or developing their career more generally, and even enables organisations to facilitate employment opportunities and increase the number of UAE nationals employed.
On the back of such initiatives, several leading local private sector companies have enhanced local hiring processes at entry and senior management levels, and created Emirati training programs for capacity building. For instance, Dubai Islamic Bank reported an increase in Emirati employee appointment at branch managerial level to 100 per cent. Leading retail conglomerate Majid Al Futtaim will be recruiting 3,000 Emirati employees over the next five years to support the Nafis initiative. UAE nationals take up 42 per cent of company roles at the state-owned Emirates Global Aluminium.
Emiratisation schemes arising from public-private partnerships have launched apprenticeship programmes to train youth, offered internship and secondment opportunities to UAE nationals and significantly increased the number of Emiratis of both genders in top-tier management.
One of the most successful Emiratisation initiatives has been the Pre-Audit Qualification Training (PAQT) programme, devised and run by the Abu Dhabi Global Market Academy in alliance with the Abu Dhabi Human Resource Authority, the Abu Dhabi Accountability Authority and private sector partners including KPMG Lower Gulf.
Since 2019, PAQT has provided more than 90 UAE nationals with essential audit knowledge and training. Its graduates have succeeded in finding valuable roles in the financial sector and supporting the government agenda of economic diversification and greater representation of UAE talent in the private sector.
Emiratisation is more than merely a box to be checked. The private sector must ensure its Emiratisation initiatives genuinely focus on the transfer of capabilities and building capacity to deliver growth in a dynamic business environment.
This is a synergistic partnership. Emiratisation helps multinational organisations become truly global and local heroes. At KPMG, for instance, our Emirati talent not only gain global exposure and opportunity to work on international assignments and clients, but the firm also gains a competitive edge with their cultural knowledge, deep commitment to national causes and nuanced perspectives of local markets.
As the UAE builds infrastructure to attract talented individuals from across the world, organisations operating in the nation would do well to prioritise attracting and nurturing Emirati talent, who will power the nation’s future growth.
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Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Springsteen: Deliver Me from Nowhere
Director: Scott Cooper
Starring: Jeremy Allen White, Odessa Young, Jeremy Strong
Rating: 4/5
TEST SQUADS
Bangladesh: Mushfiqur Rahim (captain), Tamim Iqbal, Soumya Sarkar, Imrul Kayes, Liton Das, Shakib Al Hasan, Mominul Haque, Nasir Hossain, Sabbir Rahman, Mehedi Hasan, Shafiul Islam, Taijul Islam, Mustafizur Rahman and Taskin Ahmed.
Australia: Steve Smith (captain), David Warner, Ashton Agar, Hilton Cartwright, Pat Cummins, Peter Handscomb, Matthew Wade, Josh Hazlewood, Usman Khawaja, Nathan Lyon, Glenn Maxwell, Matt Renshaw, Mitchell Swepson and Jackson Bird.
The five pillars of Islam
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ORDER OF PLAY ON SHOW COURTS
Centre Court - 4pm (UAE)
Gael Monfils (15) v Kyle Edmund
Karolina Pliskova (3) v Magdalena Rybarikova
Dusan Lajovic v Roger Federer (3)
Court 1 - 4pm
Adam Pavlasek v Novak Djokovic (2)
Dominic Thiem (8) v Gilles Simon
Angelique Kerber (1) v Kirsten Flipkens
Court 2 - 2.30pm
Grigor Dimitrov (13) v Marcos Baghdatis
Agnieszka Radwanska (9) v Christina McHale
Milos Raonic (6) v Mikhail Youzhny
Tsvetana Pironkova v Caroline Wozniacki (5)
'Downton Abbey: A New Era'
Director: Simon Curtis
Cast: Hugh Bonneville, Elizabeth McGovern, Maggie Smith, Michelle Dockery, Laura Carmichael, Jim Carter and Phyllis Logan
Rating: 4/5
Fifa Club World Cup:
When: December 6-16
Where: Games to take place at Zayed Sports City in Abu Dhabi and Hazza bin Zayed Stadium in Al Ain
Defending champions: Real Madrid
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
More Iraq election coverage:
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh359,000
On sale: now
Scoreline:
Barcelona 2
Suarez 85', Messi 86'
Atletico Madrid 0
Red card: Diego Costa 28' (Atletico)
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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Profile of Tamatem
Date started: March 2013
Founder: Hussam Hammo
Based: Amman, Jordan
Employees: 55
Funding: $6m
Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
MATCH INFO
What: Brazil v South Korea
When: Tonight, 5.30pm
Where: Mohamed bin Zayed Stadium, Abu Dhabi
Tickets: www.ticketmaster.ae
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
THE SPECS
Engine: 1.5-litre turbocharged four-cylinder
Transmission: Constant Variable (CVT)
Power: 141bhp
Torque: 250Nm
Price: Dh64,500
On sale: Now
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
'The Predator'
Dir: Shane Black
Starring: Olivia Munn, Boyd Holbrook, Keegan-Michael Key
Two and a half stars
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900