Lootah Biofuels unveils its strategy to achieve a significant increase in Emiratisation, aiming to reach a target of 50% within the next two years.
Lootah Biofuels, a prominent circular economy company specializing in the production of biofuel from used cooking oil in the United Arab Emirates, has announced an ambitious plan to increase the percentage of Emiratisation in its administrative departments to 50% within a two-year timeframe.
This strategic move is a vital component of Lootah Biofuels’ overall expansion and development strategy. By prioritizing Emiratisation, the company aligns itself with the vision of the Emirati Talent Competitiveness Council, known as ‘NAFIS.’ NAFIS seeks to enhance Emirati participation in the private sector, bolster their global competitiveness, and equip young Emiratis with the skills and competencies necessary to thrive in private sector roles.
NAFIS, which focuses on increasing Emiratisation in private sector companies with more than 50 employees, aims to achieve a 2% annual growth rate in Emirati employment. The council’s overarching goal is to employ 75,000 UAE nationals in the private sector over the next five years. To achieve this objective, NAFIS has implemented various initiatives aimed at empowering Emirati professionals and encouraging private companies to attract and retain local talent.
Lootah Biofuels’ Emiratisation strategy centers around the identification of Emirati individuals whose skills and qualifications align with the company’s needs. These talented individuals will be selected and subsequently trained through comprehensive programs provided by the Institute of Applied Expertise, the training arm of the Yusuf Lootah Group. The aim is to equip them with the necessary knowledge and expertise to excel in administrative and technical roles within the company, including its factories and facilities.
By focusing on Emiratisation, Lootah Biofuels not only contributes to the broader objectives of NAFIS but also recognizes the value and potential of Emirati talent in driving the company’s growth and success. The company acknowledges the importance of creating diverse and inclusive work environments that empower local professionals to play a significant role in the country’s sustainable development.
Lootah Biofuels has a proven track record in the circular economy sector, particularly in transforming used cooking oil into sustainable biofuels. The company’s commitment to Emiratisation further strengthens its position as a responsible corporate citizen that actively contributes to the socio-economic development of the UAE.
As the company embarks on its Emiratisation initiative, it will collaborate closely with various stakeholders, including government entities and educational institutions, to identify, attract, and develop Emirati talent. Through these partnerships, Lootah Biofuels aims to create a robust talent pipeline that supports the growth and sustainability of its operations.
Furthermore, Lootah Biofuels’ commitment to Emiratisation extends beyond employment opportunities. The company seeks to foster a culture of mentorship, career progression, and skill development among Emirati employees. By providing ongoing support and opportunities for professional growth, Lootah Biofuels aims to nurture a generation of Emirati leaders who can make substantial contributions to the renewable energy and circular economy sectors.
In conclusion, Lootah Biofuels’ ambitious plan to increase Emiratisation to 50% of its administrative workforce within two years demonstrates the company’s dedication to promoting local talent and supporting the UAE’s vision for a thriving private sector. By investing in Emirati professionals, providing training and development opportunities, and fostering a culture of inclusivity, Lootah Biofuels sets an example for other companies seeking to maximize Emiratisation and contribute to the sustainable growth of the nation.
