As part of measures to boost the private sector as it diversifies its economy away from hydrocarbon revenues, the Gulf state said it will spend 24 billion dirhams ($6.53 billion) to get citizens into 75,000 private sector jobs over five years.
DUBAI: Private sector companies in the UAE will have to fill 10% of their positions with Emirati nationals within five years, the UAE said on Sunday, announcing its latest tranche of economic reforms.
As part of measures to boost the private sector as it diversifies its economy away from hydrocarbon revenues, the Gulf state said it will spend 24 billion dirhams ($6.53 billion) to get citizens into 75,000 private sector jobs over five years.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
