United Arab Emirates' General Pension and Social Security Authority (GPSSA) and the Emirati Talent Competitiveness Council (NAFIS) have launched the second phase of the Wafra programme, part of the Advanced Proactive Financial Planning System, to raise financial literacy among Emirati employees in the private sector. The programme is delivered through the NAFIS digital platform. Wafra provides training on financial planning, investment strategies, social insurance laws and debt management, with GPSSA targeting an 80% increase in awareness of financial planning. The initiative is positioned as supporting nationals’ understanding of saving and investing and their pension rights, with the stated aim of improving financial wellbeing and encouraging longer-term participation in the private sector.
General Pension and Social Security Authority 2025-07-18
United Arab Emirates' General Pension and Social Security Authority launches phase two of the Wafra programme with NAFIS to boost financial literacy
The UAE's Pension and Social Security Authority and Emirati Talent Competitiveness Council launched Wafra's second phase to enhance financial literacy among Emirati private sector employees. Delivered via the NAFIS platform, Wafra offers training on financial planning, investment strategies, social insurance laws, and debt management. The initiative aims to boost financial planning awareness by 80% and improve understanding of saving, investing, and pension rights.