Home Middle East UAE UAE: Dubai announces end-of-service savings scheme for expats

UAE: Dubai announces end-of-service savings scheme for expats

UAE: Dubai announces end-of-service savings scheme for expats

UAE: Dubai announces end-of-service savings scheme for expats

The Dubai Government has announced a savings scheme for expats working in the public sector. The scheme will be optional for private sector firms. The project will be implemented in stages.

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Multiple investment schemes will be offered to employees, including Sharia-compliant ones. Employees who do not wish to invest their benefits will also be provided with options that ensure capital protection.