Skip to content Skip to Search
Skip navigation

Dubai launches small business plan to support Emirati retirees 

Retired people in the UAE will be encouraged to use the skills developed across their careers to develop small businesses in Dubai Pexels/Jeff Sheldon
Retired people in the UAE will be encouraged to use the skills developed across their careers to develop small businesses in Dubai
  • Retirees can launch Dubai businesses
  • New scheme offers financing
  • Skills database to be launched

Retired emiratis are being incentivised to run their own companies after the launch of the Dubai Retiree Projects Support programme this week.

The scheme is part of the Dubai Social Agenda 33, which aims to create a more proactive social system.

Benefits include priority for government contracts, financing of future projects, exemption from service fees for five years, and consultation support.

“Through the large SME and family business sector in the UAE, there are naturally a large number of retirees who are looking to pass on their businesses and knowledge, while retaining the ability to continue to monitor their ventures from the sidelines,” said James Swallow, commercial director at Pro Partner Group.

The project also offers additional job opportunities for retirees and those approaching retirement.

According to Statista, the population of the UAE is 10.24 million. The 55-to-64 age group comprises 5.21 percent of the population, while the older demographic, aged 65 years and over, makes up 1.92 percent.

As part of the programme, a database will be launched by Dubai Police General Command to monitor the expertise and specialised skills of retirees and employees approaching retirement.

Latest articles


Dubai launches one-stop hub to streamline government services

People in Dubai can now obtain an Emirates ID, register a company, open a bank account and more under one roof following the opening of the Emirates Government Services Hub (EGSH). Owned by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, a member of the Dubai Royal family, EGSH allows clients to access all essential […]

In association with
Thailand's consul general Kitinai Nutakul visits the Saudi Ministry of Foreign Affairs in Jeddah

Thailand opens investment office in Saudi Arabia

Thailand’s Board of Investment (BOI) is opening its first Middle East office in Saudi Arabia, signaling a deepening of economic ties between the nations after a longstanding diplomatic spat. The office will focus on attracting Saudi investment into Thailand’s targeted industries and supporting Thai entrepreneurs looking to invest in the region, the BOI said in […]

hajj saudi arabia

Saudia reports big rise in international passengers

Saudi Arabia’s national carrier Saudia reported a 24 percent increase in international passengers to 9.1 million in the first half of 2024. There was also a 13 percent rise in the number of flights. The Hajj pilgrimage in June played a large part in the growth.  The number of passengers flying on domestic routes rose […]

renewables target dam

World is off track to meet Cop28 renewables goal

The world is far from reaching its 2030 renewables target, the International Renewable Energy Agency (Irena) said on Thursday. Countries committed at the Cop28 summit in Dubai last year to treble renewables capacity in order to limit global warming to 1.5C. To stay on course global capacity growth needs to accelerate to a minimum rate […]