The endowment fund campaign is an expansion of the UAE’s previous Ramadan initiatives
In an important step towards limiting negative employment practices, the Ministry of Human Resources and Emiratisation (MoHRE) and the Emirati Competitiveness Council (Nafis) have begun implementing fines for companies falsifying Emiratisation data.
According to the rule, an establishment caught carrying out fake Emiratisation to get Nafis benefits could face a fine between Dh20,000 and Dh100,000 for each bogus Emirati employee. In addition to this, the financial support and other benefits will be suspended, and the paid amounts recovered.
With companies in the UAE’s private sectors having less than 50 days remaining to meet the latest Emiratisation targets, here is a comprehensive explainer on Nafis and its role:
It is a federal programme to increase the competitiveness of Emirati human resources and empower them to occupy jobs in the private sector. Launched in September 2021, as part of 'Projects of the 50', the programme aims to accelerate the UAE’s development journey and boost the economy
The programme aims to:
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— Dh2,200 for the Emirati National who lost his/her job
— Dh1,100 for the spouse of the Emirati National on the condition that the spouse is unemployed
— Dh800 for every child, for 4 children as a maximum
— Dh550 for every child beyond the 4th child
Firms with 50 or more employees are mandated to raise their Emiratisation rate by 2 per cent of overall skilled jobs. It covers all sectors and fields of the private sector.
Starting January 1, 2023, those who fail to comply will have to pay Dh6,000 per month for each Emirati who is not employed.
The endowment fund campaign is an expansion of the UAE’s previous Ramadan initiatives
Last year’s campaign saw the contributions of over 320,000 donors, securing meals to those in need across 50 countries
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Coinciding with Ramadan, the drive aligns with the message of giving and charity of the holy month and aims to support underprivileged communities