5,000 jobs for Emiratis in banking

March 3, 2022

The board approved the Emiratisation of managerial positions in the banking and insurance sectors, by approving the creation of 5,000 new jobs by the end of 2026…reports Asian Lite News

Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), chaired the meeting of the board, held in Qasr Al Watan.

Sheikh Mansour welcomed the meeting’s participants and thanked the Central Bank of the UAE for its efforts to support the banking sector’s financial stability.

During the meeting, he was briefed on the progress of the implementation of plans, which are in line with the country’s future and economic approaches aimed at achieving digital inclusion and the green financial system.

ALSO READ: Dubai launches saving fund for expats in public sector

The board approved the Emiratisation of managerial positions in the banking and insurance sectors, by approving the creation of 5,000 new jobs by the end of 2026, in coordination with the Emirates Institute for Banking and Financial Studies and the Emirati Talent Competitiveness Council.

The meeting also discussed the implementation of the council’s directives from previous meetings.

The board approved an amendment to the bank’s notifications regarding maximum fee limits and commissions imposed on licensed financial institutions and agreed to amend the scope of work of the bank’s “Banking Risk Centre” regarding the bounced cheque system.

Previous Story

Indian family still stuck in Kiev, seeks help

Next Story

UAE participates in Arab Ministers of Interior Council

Latest from -Top News

Trump Ends Syria Sanctions

Syria has been designated a State Sponsor of Terrorism by the United States since December 1979…reports Asian Lite News US President Donald

UAE credit soars to the top

S&P Global, Moody’s Investors Service, and Fitch Ratings — have all assigned strong sovereign credit ratings to the UAE In a strong

Khamenei rebukes Trump

Khamenei said Iran had triumphed over the US and downplayed the impact of the strikes on the country’s nuclear infrastructure Iran’s Supreme

Don't Miss