June 14, 2023
1 min read

July 7 is new Emiratisation deadline

Non-compliant companies will face an AED42,000 fine for each Emirati not employed starting 8th July…reports Asian Lite News

The deadline for meeting semi-annual Emiratisation targets for private sector companies with 50 employees or more has been extended from 30th June to 7th July, the Ministry of Human Resources and Emiratisation (MoHRE) has announced.

MoHRE said this decision was taken by taking into consideration the Eid Al Adha holiday, which falls on the fourth week of June, “therefore, we decided to give more time for companies to reach their targets.”

Non-compliant companies will face an AED42,000 fine for each Emirati not employed starting 8th July, based on the 1% semi-annual Emiratisation growth requirement.

“As the Ministry is committed to achieving its objectives of creating a competitive job market for UAE nationals and developing their skills through more collaboration with the private sector, we decided allowing more time for companies to comply with the decision and avoid relevant penalties,” MoHRE said in a statement. “We call on companies to take advantage of the extended deadline to reach their targets.”

“Emirati professionals have proven their competence across a range of positions in the private sector that require a high level of efficiency and knowledge,” it added. “This provides an enormous boost to our efforts, in line with the government’s objectives and vision. We consider the private sector to be an active partner in achieving long-term growth, as our collaborative efforts will benefit the job market.”

The Ministry noted that the objectives of the Emiratisation decisions are to “activate and enhance the role and competitiveness of UAE nationals in the labour market, as well as to ensure their active participation in the economic development.”

ALSO READ: ‘UAE champions future investments with digital principles’

Previous Story

‘UAE champions future investments with digital principles’

Next Story

OPEC lauds UAE’s economic resilience

Latest from -Top News

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel

EU prepares retaliation for Trump’s tariffs

The European Commission is assembling a fresh round of counter-tariffs aimed at US goods, adding to two existing lists of potential targets—one of which includes products that were hit by suspended tariffs

US, EU slam China’s war games near Taiwan

US President Donald Trump underscored the need to maintain peace in the Taiwan Strait, advocating for a diplomatic approach to cross-strait tensions while warning against the use of force The United States

£13.9 billion of R&D fund to boost innovation, jobs

Funding outlined to support transformational R&D in areas like life sciences, green energy, engineering and beyond More UK innovators like those developing treatment-transforming dementia tests or building world-leading testing facilities to power

OPEC+ accelerates oil output hikes

Despite the production boost, the group emphasised that future adjustments remain flexible and could be paused or reversed depending on market conditions. Eight OPEC+ nations have unexpectedly decided to accelerate their oil
Go toTop

Don't Miss

RAK Ruler performs Eid Al Fitr prayer

A number of Sheikhs, senior officials, dignitaries, citizens and residents

Airport Show set to showcase solutions shaping future of aviation industry

The Airport Show will have display of products and services