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Unemployment Insurance Scheme...

The federal government and private sector employees must subscribe to the UAE's new social security support program from January 1st, 2023. The Ministry of Human Resources and Emiratization (MoHRE) signed an agreement with 9 local insurance companies...

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How is UAE leading the global...

On 24th October 2022, UAE’s commitment towards COP-28 goals was reinforced when Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa, and South Asia (MEASA) region, announced a year-long partnership...

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What Are The Legal Remedies To...

A company incorporated in the United Arab Emirates (UAE) that intends to permanently cease operations must do so, by following the processes outlined in the laws governing the formation and dissolution of companies. Every company in the UAE must register...

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First Abu Dhabi Bank (FAB) implements...

From the 30th of October 2022, the e-Dirham system will be replaced with First Abu Dhabi Bank's (FAB) smart payment option – ‘Magnati’. Magnati provides advanced software solutions for online payments, using next-generation advanced technologies to provide payment service for FTA customers....

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Employee Rights During Probation Period In UAE

People working in the UAE are protected by the UAE Labour Law. This Law states all the rights and obligations of employees. The most important aspect in case of the employment is the employment contract which also contains provisions about the probation period in the UAE.....

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Debt Recovery Laws In UAE : All That You Need To Know

A debt is a financial responsibility incurred by a person or organisation in exchange for a service, a product, a loan, or any other liability with a monetary value. Unless there is a dispute, it is not a negative thing to have debt. Missing a committed payment, bouncing a check, failing to repay loans and agreed-upon markups on time...

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UAE gratuity calculator: What are your end-of-service benefits?

Dubai: Whether you have resigned from a job, or have been asked to leave, the gratuity that you receive at the end of your service can act like a safety net, helping you transition to your next employment....

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Federal Law on Combating Business Fraud in UAE

The UAE passed a law on Combating Commercial Fraud on 12th December 2016, following its publication in the Official Gazette. This law has been in the making for a few years now and it replaces the previous law on Combating Fraud in Commercial Transactions issued in 1979....

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