The UAE government has prepared a special New Year’s Eve gift for its employees
The UAE has announced that it will begin implementing year-long paid leave for government employees who want to start their own businesses and become self-employed. The measures will go into effect on January 2, 2023.
The Dubai ruler, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE, announced that the initiative had been approved by the country’s cabinet in order to encourage more businesses. This comes just days after the UAE announced a revamped social welfare programme for its citizens. “Today, the Council decided on sabbatical leave for government employees who want to start their own businesses. The leave is for a full year and pays half the salary while keeping the job.
Our goal is to encourage our youth to take advantage of the numerous business opportunities available in our country “HH Sheikh Mohammed took to Twitter. “We want to encourage our young people to take advantage of the significant opportunities provided by our national economy,” the UAE president said in a tweet. Citizens of the UAE who want to start their own businesses will be paid half of their salaries for a year under the new rule. The employee’s leave will be approved by the head of the federal agency for which he or she works. The unpaid leave and annual leave can be combined. A government official stated that the country will work to strengthen the capabilities of UAE citizens who have obtained an “entrepreneurship leave” for self-employment. According to the official, the UAE government will also assist them in the areas of entrepreneurship, company formation, and management.