Congratulations to Sheikh Mansoor bin Zayed
The two leaders said the Emirati Talent Competitive Council or Nafees program, which spearheaded the indigenization project, has been a huge success. Both rulers praised Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of the Presidential Court, who is leading the Nafiz project, at a ceremony to announce the success of the project and honor those behind it. Sheikh Mohammed bin Rashid noted that 28,700 expatriates have been employed in private companies since the launch of the Nafeez Employment Program a year ago, which is a proud achievement.
Swadeshi labor representation has increased by 70 percent
Sheikh Mansour, who is also responsible for the central bank, oversees the UAE Investment Authority, which has more than Dh30 billion in assets. Sheikh Mohammed praised Sheikh Mansoor for his role in implementing the Emiratisation drive despite having many departments to manage. Sheikh Mohammed also took to Twitter to pay tribute to Sheikh Mansoor for his extraordinary efforts in serving the UAE. Sheikh Mansoor also commented that the Nafiz project has met with success beyond expectations. Within the first year of the project, the presence of Swadeshi in the private sector in the country was increased by 70 percent. He also informed that more than 50,000 UAE nationals are currently working in the private sector.
Companies that violated the law were fined Dh400 million
Meanwhile, Sheikh Mansoor announced that action has been taken once morest the institutions that failed to achieve the Emiratization targets before January 1, 2023. According to figures released on Wednesday, fines of around 400 million dirhams have already been imposed on various companies. Earlier, the ministry had directed that companies with more than 50 employees should hire natives in two percent of their workforce by January 1, 2023. Establishments in free zones are exempted from this. The provision stipulates that companies that fail to meet the time limit must pay a fine of Dh72,000 per year at a rate of Dh6,000 per month for each expatriate to be employed. Employers must increase the indigenization rate to four percent of total workforce by January 1, 2024. The authorities have also proposed to increase it to 10 percent by the end of 2026.
False naturalization; 227 cases were detected
Meanwhile, the Emirati Talent Competitive Council also reported 227 incidents of fake job offers to make it appear that the repatriation target was met before 2023. The authorities have also stated that action will be taken once morest these institutions that have deceived the authorities by showing that they have appointed natives in the documents. Officials also informed that 8,897 companies have completed the target of indigenization within the specified time frame. More than 17,000 job vacancies have been posted by private organizations on the Nafees portal. According to the officials, the natives who register under the Nafees scheme and join the jobs in private institutions will have the right to top-up under the scheme if their salary is low. Currently thousands of employees have adopted this service.
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