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UAE set to launch new flexible freelance work permit to attract talent

07:16 PM | 15 Mar, 2023
UAE set to launch new flexible freelance work permit to attract talent

DUBAI - The United Arab Emirates is about to introduce a flexible work permit to permit people of all skills to do freelance jobs in the emirate.

The new permit is expected to be introduced by the third quarter of 2023 and would enable freelancers to work within the country or from any part of the world.

Revealing the details, Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, said besides high-skilled people, low-skilled people can have flexible work permits that allow them to work for themselves and work with others — as long they are within the umbrella of the law and have done the proper registration with the ministry.

Al Awar said on the sidelines of the ‘Remote’ forum held on Wednesday that new policies are being developed to support all kinds of flexible and remote work.

The announcement comes months after UAE announced a series of new visas and residency permits to help the emirates' economy and attract new talent and skilled workers from across the globe. 

"In the new policy, you work for yourself. It’s an adhoc job where you decide (what kind of work you wish to take up)," the minister explained.

"Some employers feel that this is more economical for them because they don’t have to take risks and decide if they want to continue with an employee or not. On the other hand, the employee is not tied to one type of organisation. This will enhance productivity in the labour market increasing people’s value in the workforce,” he elaborated as reported by Khaleej Times.

The minister was of the opinion that with such flexible work opportunities, as many as 24,000 jobs can be created by 2024.

“Two hundred people are working remotely in the ministry. These include men and women. We are looking at increasing the workforce by having 24,000 job opportunities soon. We want to support this trend. We want to attract a workforce and capital by having a supportive legal framework.

The United Arab Emirates is taking steps almost every day to help attract people from across the world either its in the form of Golden Visa or this new work permit. The emirates is also digitalizing the visa processing.

Recently, the UAE's passport was declared number 1 in the world according t the rankings released by Nomad Capitalist, jumping from an earlier position of 35.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - PKR to US Dollar, Euro, Pound, Dirham, and Riyal - 21 April 2024

Pakistani currency remains unchanged against US Dollar and other currencies on April 21, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30. 

Today’s currency exchange rates in Pakistan - 21 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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