The UAE labor market leads the first rank in 9 indicators of global competitiveness

The Minister of Human Resources and Emiratisation, and the Acting Minister of Higher Education and Scientific Research, Dr. Abdul Rahman Al -Awar, the rate of growth in private sector facilities increased to 17%, the growth of the workforce by 12%and the growth of skilled workforce by 13%by the end of last year 2024.

He said during the opening speech to the Future of Labor Forum within the work of the first day of the World Summit for Governments held in Dubai, that it is a result of the policies of the legislation of the labor market and cooperation between the various parties.

He added: “The UAE’s future vision is based on building a diversified economy based on knowledge and technology, as the state’s investment in the economy has expected that the volume of artificial intelligence in the UAE economy will be about 96 billion dollars by 2030.”

The partnership between the governmental and private sectors

He continued: “Since the human being is the focus of development and growth in the UAE, interest in sustainable education and increasing the ability to innovate and attracting competencies was one of the priorities that the UAE mocked all of the possibilities.”

He stressed that the UAE government has been strengthening the partnership between the government and private sectors and is expected to exceed more than 50 parties in 2025, which contributes to the opening of broader horizons for employment opportunities for new graduates.

For its part, the Acting Undersecretary of the Acting Work Protection Sector in the Ministry of Human Resources and Emiratisation, Dalal Al -Shehhi, revealed that the percentage of workers registered in the system of insurance on workers and wage protection reached 99%, while the percentage of workers covered with the insurance system of disruption from the total target in the sector reached For the end of 2024 about 83%.