Wednesday, September 22, 2021

UAE Projects of the 50: Dh24 billion investment to create 75,000 private sector jobs for Emiratis

The second set of plans was announced in Abu Dhabi today

The United Arab Emirates today unveiled a sweeping programme of reforms and financial incentives to drive new private sector opportunities for Emiratis.

Officials on Sunday announced an investment of Dh24 billion had been allocated to create 75,000 new private sector jobs for UAE nationals.

The new announcements include grants for students and fresh graduates to take up private sector roles, a billion dirham graduate business development fund, a government-backed new private sector child allowance, unemployment benefits as well as career break and early retirement schemes for federal government employees starting new businesses.

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