New UAE unemployment insurance scheme
UAE expats and citizens alike will be eligible to receive unemployment insurance, a new scheme that aims to protect employees against the risk of job loss.
During a media briefing on Thursday, Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, confirmed that employees who lose their jobs under unforeseen circumstances will receive cash support. The scheme will provide up to 60 per cent of their basic salaries every month for a limited period until they find an alternative.
The mandatory scheme, effective from early 2023, applies to employees of all nationalities in the public and private sectors.
@dubai
