UAE set to create 5,000 jobs for Emiratis in banking by 2026
DUBAI, March 2, 2022
The Central Bank of the UAE (CBUAE) has approved the Emiratisation of managerial positions in the banking and insurance sectors, with plans to create 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 decision came following a CBUAE board meeting, which was held under the chairmanship of Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, today (March 2) in Qasr Al Watan, reported Wam.
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.
