Dubai: A total of 914 Emiratis have been hired in 111 banking establishments and companies operating in the financial sector, the Ministry of Human Resources and Emiratisation announced on Saturday.

Around 774 Emiratis have assumed their functions while 139 others are in the process of being appointed after putting in place all necessary arrangements, the ministry added.

The announcement was made during a ceremony held by the ministry to honour the Government Accelerator work team, banks and companies operating in the banking and financial sector.

Saqr Ghobash Saeed Ghobash, Minister of Human Resources and Emiratisation, said that the Government Accelerator work team, which is tasked with finding 1,000 jobs in the financial and banking sectors and filling 80 per cent of these jobs within 75 days, has achieved remarkable results with the appointment of 914 Emiratis out of 1,026 job openings found in 111 banking institutions and companies.

He lauded efforts being made by the work team, which included the Ministry of Human Resources and Emiratisation, the Prime Minister’s Office, the Human Resources Development Committee in Banking and Financial Sectors (HRDC), the Central Bank, the Insurance Authority and Emirates Institute for Banking and Financial Studies.

Entities that hired Emirati nationals include 36 banks, which offered 566 job opportunities and hired 556 Emiratis of whom 111 are in the process of recruitment, and 39 insurance companies that provided 188 jobs and employed 160 Emiratis, besides 36 money exchange companies that made available 272 jobs and hired 200 Emiratis.

“These entities have proved their seriousness in playing their social and national role and supporting the Emiratisation issue which is of high importance to the leadership that always calls for empowering Emirati youth through offering them trainings and attractive job opportunities, Ghobash said.

The ceremony was attended by Nasser Thani Al Hameli, undersecretary at the Ministry of Human Resources and Emiratisation; Ebrahim Obaid Al Za’abi, director general of the Insurance Authority; Mohammad Al Falasi, deputy governor of the Central Bank, as well as other senior officials.