Dubai Career Diary

Dubai has taken a significant leap towards nurturing economic growth and social welfare. The “Dubai Retiree Projects Support” program, a collaborative effort between Dubai Police and the Department of Economy and Tourism, aims to harness the experience and skills of Emirati retirees by providing them with considerable support to establish SME businesses.

The initiative promises a wealth of benefits, prioritizing retirees for government projects, offering project financing, waiving service fees for five years, and furnishing expert consultations. This strategic move aligns with the city’s broader social and economic goals under the ambitious Dubai Social Agenda 33. These efforts are building a more dynamic social infrastructure that caters to all community members, ensuring equal opportunities and bolstering social welfare.

Lieutenant General Abdullah Khalifa Al Marri and Helal Saeed Al Marri signed the MoU, signifying a mutual commitment to the retired workforce’s well-being and financial security. This program is a clear signal of Dubai’s dedication to improving its citizens’ quality of life and contributing to the UAE’s vision of a knowledge-driven economy.

Retirees and those nearing retirement now have the chance to engage in SMEs actively, thereby creating additional income sources and maintaining their financial independence. These individuals’ rich expertise stands to further push Dubai’s developmental achievements and enhance their roles as vital players in the business sector.

The “Dubai Retiree Projects Support” program does more than acknowledge the retirees’ contributions. It’s a testament to Dubai’s forward-thinking approach, converting accumulated wisdom into meaningful economic prospects. It strategically positions SMEs at the core of economic diversification to drive innovation and growth.

Abdul Baset Al Janahi, CEO of Dubai SME, reaffirms the program’s alignment with leadership visions, focusing on financial stability and optimal use of retirees’ prowess to strengthen social cohesion. With financing, training, and technical consultations among the offered support facets, the program empowers retirees to participate in Dubai’s vision of sustainable development and social prosperity.

Retired Dubai residents and those on the threshold of retirement can tap into this program through Dubai SME, gaining priority in government contracts and other entrepreneur-focused benefits that ease their financial burdens and increase their sectoral competitiveness. With a comprehensive database to leverage retirees’ skill sets and tailored consultations, the program ensures that retirement is not just a phase of relaxation but an opportunity for active societal engagement.

In conclusion, Dubai’s strategic program fosters a collaborative environment where retirees can thrive as entrepreneurs, boosting the local economy and paving the way toward a resilient knowledge-based society.