United Arab Emirates developer Aldar plans to create 1,000 jobs for Emiratis in the next five years, the company said in a statement on Sunday.
Roles for 200 graduates and more senior Emiratis will open up across Aldar Properties’ various subsidiaries each year until 2026, the company said.
More than 100 UAE nationals have joined the company in the last few years – and local employees make up just over one third of its workforce.
Aldar also said that half of its executive management team are UAE nationals, and nearly one-fifth of all senior roles are held by Emirati women.
New roles will become available in the education, retail, hospitality, and investment sectors – as well as specialist areas such as data and analytics, innovation, sustainability, and sales.
The plan is part of a wider ‘Emiratization’ drive in the UAE to introduce more UAE citizens into the expatriate-dominated private workforce.
Only 7.46 percent of the country’s workforce is made up of UAE nationals, according to a 2020 report from the Ministry of Human Resources and Emiratization.
According to a 2019 labor force survey by the country’s Federal Competitiveness and Statistics Center, 40.5 percent of the country’s roughly one million citizens worked for the federal government, while 37.7 percent worked in local government.
Abu Dhabi-based Aldar Properties is traded on the Abu Dhabi Securities Exchange and is responsible for developments including Yas Island.
UAE’s ‘Projects of the 50’ will boost Emiratization in the private sector: ExpertsPlans to boost the number of Emiratis working in the United Arab Emirate’s private sector as part of the country’s ambitious ‘Projects of the 50’ have ... Gulf
UAE’s Alpha Dhabi unit buys $953 mln stake in Aldar from MubadalaAbu Dhabi state fund Mubadala has sold a 3.5 billion dirhams ($953 million) stake in property developer Aldar to a subsidiary of investment firm Alpha ... Economy
Aldar takes $8.2 bln of govt capital projects in Abu Dhabi through MoU with ADQAldar Properties will take over the management and development of government capital projects worth 30 billion dirhams ($8.2 billion) under a ... Business