1. R&D Department National Qualifications Authority, UAE October 2016
Business, Administration and Financial Services Industry Sector in the UAE
R&D Department National Qualifications Authority, UAE October 2016

2. Occupations and Careers Handbook for UAE Nationals
From a range of national activity indicators, twelve (12) industry sectors were identified.
About 20,000 UAE nationals enter the job market every year (Emirates National Development Programme (ENDP). The Handbook acts as an important reference for employment opportunities in the key sectors.
No.
Code
Industry sector 1 A
Government services and public administration 2 B
Community, health and social services 3 C
Business, administration and financial services 4 D
Tourism, hospitality, retail and leisure services including personal care services 5 E
Arts, culture and entertainment 6 F
Education, learning and social development 7 G
Building and construction, estates and assets development and management 8 H
Utilities and infrastructure 9 I
Energy resources – oil, natural gas, petrochemical, chemical and mining/quarrying 10 J
Manufacturing 11 K
Logistics and transport 12 L
Agriculture, livestock and fishery
Business, administration & financial services
Careers in:
Accounting
Banking
Financial services
HR management
Legal services
Management
Marketing and promotion
Media and advertising
Public relations
Example employer
Mubadala, AD Investment Authority, UAE Central Bank, National Bank of Abu Dhabi, Ministry of Finance, ADNOC, Etihad Airways, Emirates Airlines, Chamber of Commerce in each emirate, etc.
From a range of national activity indicators, twelve (12) industry sectors were identified. The sectors were derived from information related to such activities as economic, social context, employment, and population size as well as synergies in the mix of occupational and vocational skills.

3. UAE Vision 2021 Competitive knowledge economy (selected targets):
Diversification of the economy away from the oil and gas sector
Expansion of the private sector
Increased efficiency and productivity within the public sector
Emiratisation
Indicator
2012 results
2021 targets
Non-Oil Real GDP Growth
 3.2% (Preliminary 2015) 5%
Global Competitiveness Index
Rank 16 ( Report)
Among the top 10 countries
Share of UAE Nationals in the Workforce
0.61% (2015 Estimate) 8%
Emiratisation Rate in the Private Sector
1.08% (2015)

4. Qualifications endorsed by NQA
105 endorsed qualifications (as of August 2016)
Industry sector
Sub- sector code
Sub-sector
Business, administration and financial services
C00
Administration
C05
Business services
C25
Financial services

5. Endorsed qualifications in business, administration & financial services by qualification type and QF level
Qualification types:
Principal qualification
Composite award
Component award

6. Job opportunities Bayt.com Middle East Job Index survey (summer 2016)
Hiring intention:
The private sector is expected to offer the most employment options in the next few months and be the driving force of job growth in the MENA region.
Highest %
Banking/finance industry
74%
Hospitality/recreation/entertainment
73%
Telecommunications industry
71%
Lowest %
Government/civil service
58%
The most sought-after academic qualifications in the MENA region:
Graduate degree in business management – 28%
Graduate degree in engineering – 25%
The majority of companies hiring in the next three months are looking to fill junior and mid- level positions.

7. Abu Dhabi Statistical Yearbook 2016 Statistics Centre – Abu Dhabi (SCAD)
The main activities contributing to economic growth in 2014:
Financial and insurance activities (18.2% growth since 2013)
Real estate (17.0% growth since 2013)
Information and communications (12.0% growth since 2013)
The financial intermediation and insurance activity contributed 7.2% of the GDP in 2014, up from 6.4% in 2013.
Diversification of the economy:
Oil contributed an estimated 50.9% of the GDP at current prices in 2014, with the remaining 49.1% representing the share of non-oil activities, which achieved a combined growth rate of 12.0%.
Private sector engaged the largest share of the employed population (61.0%), followed by the government sector with 12.4%. 76.6% of the employed UAE nationals work in the government sector and 5.8% in the private sector.

8. The highest annual growth rates of compensation of employees by economic activity at current prices in 2015 was the highest in ‘Financial and insurance’ with an increase of 12.3%, followed by ‘Information and communication’ with an increase of 10.5%.
The highest average wage per employee was in the ‘Mining and quarrying’ activity with AED thousand, followed by the ‘Financial and insurance’ activity with an average of AED thousand.
The highest average wage per employee was in the ‘Mining and quarrying’ activity with AED thousand, followed by the ‘Financial and insurance’ activity with an average of AED thousand,

10. Emiratisation laws (selected)
1996 Law: Banks operating in the UAE shall undertake to employ Nationals at an annual rate of 4%.
64% emiratisation ratio at the Central Bank of the UAE in the first half of 2014
100% emiratisation in leadership and supervisory
71% emiratisation at the executive level
44% emiratisation in specialized/technical services
34% emiratisation ratio at national banks
21% emiratisation ratio at other banks
32% overall emiratisation ratio in the banking sector.
Currently: target points to be achieved based on the size of the bank, operating revenue and a number of additional criteria
Emiratisation initiatives in media (selected)
New initiatives launched by the National Media Council to facilitate Emirate recruitment and increase the level of nationalization in the media industry
Incentive programmes launched to attract Emirati talent to the media industry with the help of the government bodies and the media institutions
Currently, emiratisation in the UAE media sector stands at a little over 25%.