Latest News

Formation of the Women Advisory Committee in the Banking & Financial Sectors

Due to the important role of Women in the Banking & FInancial Sectors, The Women Advisory Co....

13th National Career Day in Banking, Financial, and Government Sectors

The Emirates Institute of Banking & Financial Studies will conduct the 13th National Career ....

Work Opportunities for more than (98) UAE Nationals In the Insurance Sector

In cooperation with Tanmia and the directorate of HR in sharjah, HRDC announced the open da....

12th National Career Day in Banking, Financial, and Government Sectors

The Emirates Institute of Banking & Financial Studies conducted/organized the 12th National ....

Graduation of 24 UAE nationals from Intro to Insurance & Insurance Certificate Program

24 Female UAE nationals from the Insurance industry attended the Intro to Insurance&nb....

HRDC committee meets to discuss the 2009 Emiratization Facts Indicators The Human Resources Development Commitee Members in Banking and Financial Sectors chaired by H.E Ah....

Frequently Asked Questions

1. What do you mean by “Number of Employees in UAE” in the questionnaire? Does this mean all employees without exception? Ans: “The number of employees in UAE” means the total number of employees working in the bank (UAE nationals+ Expatriates) this number should NOT include the office boys, drivers, guards…etc.
2. How is the ratio of UAE nationals to the total calculated? Ans: Ratio of UAE nationals to the total = no. of UAE national / no. of Employees in UAE 3. What is the quota imposed on the Banking Sector? And how is it calculated? Ans: The quota imposed on the Banking Sector is 4% accumulative (cabinet decree 10/98 for year 1998). For example, if the Emiratization percentage achieved in Bank X is 30% in one year , it should reach 34% in the next year . 4. How often do you send the HRDC Questionnaire? to whom is it sent? Ans: HRDC questionnaire is sent semi annually (June- December) and it is usually sent to the HR manager or to the Emiratization manager. 5. What is the 3% and 1% policy for Banking Sector Ans: Banks 4% Emiratization quota should be divided to: 3% to be appointed from fresh graduates + 1% appointed from the labor market. 6. How can my Bank/Insurance/ Exchange/Finance Company participate in the HRDC Award? Ans: The HRDC award in Banking & Financial Sector is open to all banks and financial organizations in these sectors and focuses on recognizing organizations’ efforts and achievement in the area of Emiratization and UAE National development. In order to get your organization qualified to the HRDC award, 5 standards should be met. Please visit the Awards page for more information. 7. What is the quota imposed on the Exchange Sector? And how is it calculated? Ans: The quota imposed on the Exchange sector is determined according to the size of the exchange company (number of employees), classified as follows
Big Size: More than 200 employees: 4% accumulated annually
Medium Size: 50-200 employees :3% accumulated annually
Small size: less than 50 employees; 2% accumulated annually

For example, if an exchange company achieved in 1st year a 10% Emiratization percentage, it should reach in the next year:
14% if a Big sized exchange
13% if a Medium sized exchange
12% if a Small sized exchange
8. What is the quota imposed on the Insurance Sector? And how is it calculated? Ans: The quota imposed on the Insurance Sector is 5% accumulative. For example, if the Emiratization percentage achieved in Insurance Company is 10% in one year, it should reach 15% in the next year. 9. Is the annual training plan only restricted to UAE nationals? Ans: we do accept all Insurance companies employees free of charge.however, first priority is given to UAE nationals. 10. How can I apply to attend one of your annual training plan courses? Ans: If you are interested in any our courses, please make your training coordinator/HR manager log in to the Insurance training portal and send us your name to register you. Kindly note that nominations are only accepted through our portal and by the HR manager/training coordinator in your company. 11. If attend only 1 day of training, will I be eligible to get the certificate? Ans: Punctuality is one of the most important things the HRDC is very strict at. Certificates will not be given to those with even 1 day delay without an acceptable reason. Absence for 1 day without a proper written acceptable reason will not be accepted as well. Our courses usually start at 8:30-1:30 p.m. for morning classes and from 5:00- 9:00 p.m. for evening classes. You are kindly requested to arrive 15 minutes prior to the course commencement for registration. 12. What is the quota imposed on the Finance Sector? And how is it calculated? Ans: 10% by the time of requesting profession licence Top