This country gives ‘one year’ paid leave to government employees to become entrepreneurs

Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, announced that the country’s cabinet has approved this new initiative to encourage more businesses, days after the Gulf country opened its local Unveiled a reformed social welfare program for the people. population.

“Today, within the council, we decided on sabbatical leave for citizens working in government who want to run their own business. The leave lasts a whole year, with half pay, while saving jobs. Our goal To encourage our youth to take advantage of the vast business opportunities offered by our national economy,” His Highness Sheikh Mohamed wrote on Twitter.

“We want to encourage our youth to benefit from the major opportunities offered by our national economy,” the UAE President said in a tweet.

As per the new rule, those who are willing to start their own business will be paid half of their salary for a period of one year. 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.

A UAE government official told Khaleej Times that they will work to launch partnerships with business incubators and leading companies in the private sector to build the capabilities of UAE citizens receiving the “Entrepreneurship Leave” for self-employment. Will also support them in the field of entrepreneurship, setting up and management of companies.

UAE national employees of the federal government can check the conditions and requirements for obtaining entrepreneurship leave for the self-employed, Khaleej Times said in a statement. Report good.