The UAE government has come up with a policy that will allow the country’s youth and those having entrepreneurship ideas to give themselves an opportunity to pursue their shot while safekeeping their jobs.
Yes, you read it right. According to a recent announcement made by Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and the vice president and prime minister of the United Arab Emirates, the government employees of the country will be allowed to take a paid leave of one year to pursue their start-up career.
During the paid leave period of 1 year, these citizens working in the government sector will be allowed to start their own businesses and become self-employed, while securing their existing careers so that they can only concentrate on expanding their start-ups rather than on not taking the step in fears of being left jobless.
As per a report by the English newspaper daily in Dubai – The Khaleej Times, the measure taken by the UAE government will begin from the new year, i.e., January 2, 2023.
Through the move, the country aims to encourage its young citizens having government jobs to create more businesses within the country.
In a tweet made by HH Sheikh Mohammed, it was said earlier this week, “Today, within the Council, we decided on sabbatical leave for citizens working in the government who wish to run their own businesses. The leave lasts for a full year, with half the salary, while preserving the job. Our goal is to encourage our youth to take advantage of the huge business opportunities offered by our national economy.”
The country’s President tweeted, “We are looking to encourage our young people to benefit from the major opportunities offered by our national economy.”
It must be highlighted here that while on a one-year leave, the employees will be paid half of their annual salary, which can be combined with their unpaid leaves as well as annual leaves.
