His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, this morning directed the allocation of 24 billion dirhams (one dollar equivalent to 3.67 dirhams) to accommodate 75,000 citizens in the private sector during the next five years, at a rate of 15,000 jobs annually, as part of the program launched by the UAE government to support and strengthen the economy national and achieving a qualitative developmental leap.
Sheikh Khalifa bin Zayed Al Nahyan stressed that "a decent life for the people of the country will remain our main priority... and building a more balanced national economy is our main approach to development." (Wam).
In the same context, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that: The government and the private sector are partners in the nation... and partners in the future... and partners in the development process, pointing out that: the UAE is moving for the next fifty years, which is Confident in itself..supportive of its people..and attached to its economy.
For his part, Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said: The launch of the government program to support the employment of citizens in the private sector .. aims to enhance the participation of national competencies in this vital sector in order to achieve our development ambitions in the future.
Among those projects is the program to support citizens’ salaries in the private sector, through which the government will bear the cost of training citizens in the private sector for a full year during the training period, with a monthly salary of 8,000 dirhams for university degree holders, 6,500 dirhams for diploma holders and 4,000 dirhams. Dirhams for high school diploma holders. It will also support the salaries of citizens in the private sector for a period of five years, with a maximum of 5,000 dirhams per month for university graduates, 4,000 dirhams for diploma holders, and 3,000 dirhams for high school diploma holders, above the salary they receive.
The program aims to encourage major companies and institutions in the private sector to attract national talents and competencies in the UAE, who hold university degrees, so that they invest in them and provide them with the opportunity to explore job prospects and gain qualitative experiences and skills; The program also seeks to encourage citizens to join the private sector.