Unemployment Insurance

1. Unemployment insurance has now been officially introduced in the UAE.
2. This was done by virtue of a brand-new law, issued by the U.A.E. President, Sheikh Mohamed Bin Zayed.
3. The objective of the law is to:
   • Ensure income during unemployment;
   • provide social security; and
   • continue to attract and retain world’s best talent to the country.
4. At a high level, unemployment insurance will be available for both: 1) public and 2) private sector employees.
5. With a few exclusions, such as: 1) part time employees, 2) owners of businesses and 3) domestic workers.
6. The maximum insurance compensation is for a period of 3 months.
7. The law is Federal Decree Law No. 13 of 2022 regarding Insurance for Unemployment.
8. And it came into effect on September 29, 2022.
9. Further details will be issued in additional regulations and decisions.

LYLAW DUBAI

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