With 723 hires, intake of UAE nationals for banking jobs already beyond 2022 targets

The Central Bank medium-term target is to hire 5,000 UAE Nationals into the financial sector through the next five years. This will be done in collaboration with Emirati Human Resources Competitiveness Council, the Emirates Institute for Banking and Financial Studies and the UAE Banks Federation.

For the year to date, 81.3 per cent of the targetted national employment has been achieved with another three months to go. “This achievement comes as part of the CBUAE’s Emiratisation strategy and is in line with the government’s vision for the next 50 years, which focuses on attracting Emiratis graduates and those with experience and competencies to work in banks, exchange houses, insurance, finance and fintech companies,” said a statement.