April 20, 2024

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UAE Central Bank announces 64% Emiratisation

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Central Bank of the U.A.E.
Central Bank of the U.A.E.

The Central Bank of the U.A.E. has announced that the ratio of Emirati employees working at the Bank reached 64% at the end of the first half of 2014.

The ratio of Emiratisation by job categories reached 100% within the leadership and Supervisory category, 71 % within the executive category and 44% within the specialised/technical category.

The Central Bank’s management has developed specialised training programmes to improve performance of staff, particularly national employees, in collaboration with leading international training institutions.

Meanwhile, the ratio of Emiratisation at national banks reached 34%, and 21% at non-national banks, with a total Emiratisation ratio of 32%. The Central Bank emphasises on all occasions the need for raising the ratio of Emiratisation in banking and other financial institutions in the U.A.E., and supports the call through its regulations issued in this regard.

Source : WAM News Agency for United Arab Emirates

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