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UAE unemployment insurance subscribers exceed 5 million

Monday, 26 June 2023 16:05

By ARN News Staff

Shutterstock [For illustration]

More than 5 million workers have subscribed to the UAE's unemployment insurance scheme since its launch at the start of the year.

According to the Ministry of Human Resources and Emiratisation (MoHRE), subscription is mandatory for those working in the private and federal government sectors, including citizens and residents.

An AED 400 fine will be imposed on those who fail to sign up within the deadline of October 1.

The scheme aims to provide a financial safety net to workers who lose their jobs due to reasons other than disciplinary action or resignation.

Subscriptions can be completed through the insurance pool’s website or smart application, self-service kiosks, Al Ansari Exchange, business service centres, banks' smart applications and telecom service providers.

The Ministry announced on Monday that the number of subscribers to the Unemployment Insurance Scheme to date has surpassed 5 million.

Multiple subscription channels are provided by the Insurance Pool, including:

The website https://t.co/2FAf4mjhqG, the Insurance Pool smart app… pic.twitter.com/taQHaXCvzi
— وزارة الموارد البشرية والتوطين (@MOHRE_UAE) June 26, 2023

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News

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The Mohammed Bin Rashid Humanitarian Ship has completed loading over 10 million meals at Khalifa Port in Abu Dhabi.
Dubai declares remote work for govt. staff, private sector urged to follow suit
Dubai has declared remote working for all government entities on Friday, December 19, due to the unstable weather forecast across the country, with the private sector urged to do the same.