This country announced ‘one-year paid leave’ for employees to start their own businesses from 2023
From January 2, 2023, the United Arab Emirates (UAE) government will start implementing the Entrepreneurship Leave for Government Employees for Self-Employment, which was approved by the Council of Ministers headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, last July.It is one of the “Projects of 50” initiatives and the first of its kind in the world.
According to a report by The Khaleej Times, United Arab Emirates has announced that from 2nd January 2023, it will begin implementing year-long paid leave for UAE citizens working in the government sector and wishing to start their businesses and become self-employed.
United Arab Emirates
Country in the Middle East
- Capital: Abu Dhabi
- Dialing code: +971
- Currency: United Arab Emirates Dirham
- President: Mohammed bin Zayed Al Nahyan
- Population: 99.9 lakhs (2021) World Bank
- Gross domestic product: 35,886.88 crores USD (2020) World Bank
- Prime minister: Mohammed bin Rashid Al Maktoum
It has been said by the government that during the period of leave, the employees will continue to get half their salary and their jobs will also be retained. If they wish, they can return to their jobs after a year.
The purpose of this scheme of government is to help people who are dreaming of doing business so that during this time they can start their businesses. Due to this, new employment opportunities will also be created in the country and if this happens, the burden on the government and private sectors will be reduced.
“Today, within the council, we decided on sabbatical leave for citizens working in government who want to run their own businesses. The leave lasts a whole year, with half pay, while saving jobs. Our goal is to encourage our youth to take advantage of the vast business opportunities offered by our national economy,” His Highness Sheikh Mohamed wrote on Twitter.
Leave shall be approved by the head of the federal authority for which the employee works, and may be combined with leave without pay and annual leave.
In order to develop the skills of UAE citizens who have obtained an “entrepreneurship leave” for self-employment, a government official told Khaleej Times that the government would work to establish partnerships with leading businesses in the private sector and business incubators. The official also said that the government would support these citizens in the areas of entrepreneurship, company creation, and management.
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