Yes, the UAE government provides multiple incentives to encourage banks and private sector employers to hire Emirati talent. One of the most prominent programs is Nafis, which offers financial benefits such as monthly salary top-ups of up to AED 7,000 for Emiratis working in the private sector. Additional child allowances of AED 600 per child (up to four children) are also available for qualifying families.
Banks also benefit from reduced pension contributions when hiring UAE nationals, lowering the long-term cost of employment. Organizations that meet or exceed their Emiratization targets are classified in MOHRE Category 1, which provides reduced work permit fees (as low as AED 250) and preferential access to government contracts. These benefits are designed to make hiring Emiratis not just a regulatory checkbox—but a strategic advantage.
Training subsidies and government-supported professional development initiatives further support the integration of nationals into banking roles, allowing banks to build Emirati leadership pipelines with shared responsibility from public programs.
How Born2Localize can help:
Born2Localize helps banks maximize the benefits of Emiratization incentives by ensuring full eligibility and optimal program participation. We assist with Nafis onboarding, quota planning, MOHRE reporting, and workforce development strategies tailored to the banking sector. Our founder, Miss Fatima Alloghani, is deeply experienced in government initiatives and Emirati talent nurturing, making Born2Localize your trusted compliance and growth partner.