Avoid fines: Deadline extended for UAE mandatory job loss insurance - Middle East News 247
January 12, 2025
Business Finance GCC NEWS DESK UAE

Avoid fines: Deadline extended for UAE mandatory job loss insurance

The Ministry of Human Resources and Emiratisation (MohRE) has extended the deadline for imposing fines on non- subscribers to the Unemployment Insurance Scheme from July 1 to October 1.

According to the ministry, employees have to mandatorily subscribe to the scheme, and failure to do so will result in a Dh400 fine.

It is mandatory that all Emirati and expatriate employees in the public and private sectors as well as employees working in free zones register for the unemployment insurance programme.

Employees can subscribe to the social security support programme via multiple channels, including www.iloe.ae, kiosk machines, business service centres, and money exchanges like Al Ansari Exchange, bank smart applications, SMS and telecom companies ‘bills.

Read full story here.

Last Updated on 10 months by Dan Ngiam

Dan Ngiam

Dan Ngiam

Based in Singapore, Dan Ngiam is a highly accomplished journalist, with diverse experience in the luxury industry, ranging from high-end watches to jewellery. He also reports extensively on the fintech and medical sectors. Write to: news@menews247.com

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