The UAE unemployment insurance scheme recently came into effect,
as such Simon Isgar provided an in-depth look at the scheme for Premium Magazine.
The United Arab Emirates' new unemployment insurance scheme
came into force on 1st January 2023, providing an income protection
for expatriate residents and citizens should their employment be
terminated subject to satisfying the insurance coverage provisions
under the policy. Originally announced in May last year, the legal
framework was launched as a means of attracting more talent and
investment into the United Arab Emirates.
The legal framework falls under Federal Decree No. 13 of 2022
concerning unemployment insurance, Cabinet Decision No. 97 of 2022
concerning the mechanisms and controls for implementing the
unemployment insurance scheme, and Resolution No. 604 of 2022
concerning the unemployment insurance scheme, collectively the
"Unemployment Insurance Law".
