New Emiratization targets for ins. sector: The UAE has approved a new Emiratization strategy for the ins. sector for 2027-2030, setting an Emiratization target of between 50-60% depending on company size by 2030, according to an X post.
The plan also mandates 45% Emiratization in critical roles and 30% in top leadership. Smaller firms (with two to 19 staff) must hire at least one Emirati annually, while larger ones (20+ staff) must meet a 30% quota in professional roles.
The move follows steady progress: Emiratis now make up 22.1% of the ins. sector’s workforce, up from 13.3% in 2022.
REMEMBER- The Human Resources and Emiratization Ministry will begin mid-year compliance inspections on 1 July using a digital monitoring system. The Central Bank of the UAE will continue enforcing quotas through a points-based framework, with fines of AED 60k for each unmet Emiratization point.
Off-plan regulations eased for Abu Dhabi developers-
Abu Dhabi updates real estate regulations: Abu Dhabi’s Department of Municipalities and Transport (DMT) has issued new amendments to its real estate framework, according to an Abu Dhabi Media Office statement. The reforms expand the authority of the Abu Dhabi Real Estate Center (Adrec) and introduce tighter oversight to improve market governance and protect investors.
What’s new: Developers can now unilaterally terminate off-plan sale and purchase agreements if buyers default, without going to court — provided they follow set procedures and secure Adrec approval. The update also:
- Broadens the definition of real estate activities to include development, sale, regulation, management, and related roles, bringing currently unregulated professions under formal oversight;
- Replaces owners’ associations with advisory-only owners’ committees, while licensed firms handle operational property management;
- Introduces a new schedule of violations and fines, to be issued by the DMT chairman following executive council approval.