Video: 5 things you need to know about the UAE’s unemployment pay scheme – Arabian Business

  • Date: 17-May-2022
  • Source: Arabian Business
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Video: 5 things you need to know about the UAE’s unemployment pay scheme – Arabian Business

The UAE’s Ministry of Human Resources and Emiratisation has stated that the nation’s new unemployment insurance scheme – which was initially announced by the Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum in a post on Twitter – will be applicable to everyone, including expats residing in the UAE as well as Emiratis.

The scheme aims to provide financial security and ensure the availability of income for the workers during their unemployment, until alternative job opportunities are made available.

Dr Abdulrahman Abdulmannan Al Awar, the Minister of Human Resources and Emiratisation, said that the he insurance scheme will ensure a decent life for UAE workers, but will also help attract and retain top talent and skilled workers from around the world to the UAE’s public and private sectors.