The board of directors at the Central Bank of the UAE (CBUAE) on Wednesday approved a new Emiratisation plan for managerial positions in the banking and insurance sectors in the UAE, Gulf Business reports, citing state-run news agency WAM.
The move is part of the Gulf country’s Emiratisation plan to create opportunities for local skills.
The board during the meeting chaired by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs instructed the creation of 5,000 new jobs by the end of 2026, in coordination with the Emirates Institute for Banking and Financial Studies and the Emirati Talent Competitiveness Council.
Citizens, country’s Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum recently said, will remain the priority and the government will support them continuously in housing, development, education and economic and labor opportunities.
“The Government’s role is to establish a balance between our rapid economic growth and providing a better life for our citizens,” he added.
UAE to create 5,000 managerial positions for domestic skills by 2026
