Aldar Properties (Aldar), Abu Dhabi’s leading real estate developer, is planning to create new job opportunities for 1,000 UAE nationals over the next five years in line with the “Projects of the 50” initiative unveiled by the government last month.
The company will add 200 jobs every year across its various subsidiaries and partner companies until 2026 to boost employment opportunities for citizens, Aldar said in its statement to Abu Dhabi Securities Exchange.
The announcement reaffirms Aldar’s commitment to increase Emiratisation levels in the private sector and develop the next generation of highly skilled local talent in partnership with the UAE government to support its NAFIS program.
Aldar is offering job opportunities with positions available for fresh graduates as well as experienced professionals. The 1,000 jobs will include direct roles across Aldar’s entire business, as well as indirect roles with partners and suppliers in line with Aldar’s In-Country Value (ICV) program requirements.
Talal Al Dhiyebi CEO – Aldar Properties
“The Projects of the 50 initiative launched by the leadership of the UAE is set to guide the sustainable, long-term growth of the country and its people. We are proud to play a leading role in activating the private sector’s contribution to this important initiative. We are committed to offering the next generation of Emirati talent an opportunity to build their careers in a business with high ambitions, a solid growth trajectory, and diverse business interests.”
Through this initiative, the company will provide local talent with progressive career opportunities in roles related to investment and development management, education, retail, and hospitality amongst others. Further, there will be opportunities in specialist areas including sustainability, innovation, digital transformation, data and analytics, and sales.
Currently, UAE nationals represent half of Aldar’s executive management team and hold CEO positions at Aldar Group, Aldar Investment, Aldar Projects, and Aldar Ventures. 32 percent of department head roles are occupied by Emiratis, including the Strategy and Transformation, Sustainability, Marketing and Communications, Procurement, IT, Commercial, Portfolio Management, Investment Finance, and People, Culture and Performance departments. Also, 18.7 percent of all senior roles in the organization are held by Emirati women.
Around 53 percent of Aldar’s local employees are under the age of 35 and this initiative will seek to further increase the number of young Emiratis working within the Group. At present, 33.5 percent of Aldar employees are Emirati with more than 100 locals joining the company in the past 2 years. Aldar’s continued progress was honored with an Emirates Emiratisation Award at the inaugural ceremony presented by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai.
Thank you very much for choosing GCC Business News to be an important part of your professional life. You will receive a confirmation e-mail. Please check SPAM or UPDATES folder
