UAE announces unemployment insurance for workers

A new insurance scheme announced in the UAE will protect employees against job loss.

Taking to Twitter after chairing a UAE Cabinet meeting on Monday, the UAE Vice-President said the unemployment insurance scheme will offer a cash amount for a limited period of time to the insured person who suddenly loses his/her job.

The system will be implemented through insurance packages. An insured employee will be compensated for a certain period of time till he or she finds another job.

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