Unemployed workers to receive cash under insurance system revealed in new set of UAE laws – Arabian Business

  • Date: 09-May-2022
  • Source: Arabian Business
  • Sector:Economy
  • Country:UAE
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Unemployed workers to receive cash under insurance system revealed in new set of UAE laws – Arabian Business

The UAE Cabinet has adopted an unemployment insurance system, which aims to compensate insured workers with cash for a limited period in the event of unemployment, Sheikh Mohammed bin Rashid Al Maktoum revealed in a post on Twitter.

The Vice President and Prime Minister of the UAE, and the Ruler of Dubai revealed a sweeping set of new regulations, policies, and executive decisions, following a UAE Cabinet meeting at the Qasr Al Watan Palace in Abu Dhabi.

“The unemployment insurance system aims to enhance the competitiveness of the labour market, provide a social umbrella for its workers, and establish a stable work environment for all,” Sheikh Mohammed bin Rashid added on his Twitter post.