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.
— وزارة الموارد البشرية والتوطين (@MOHRE_UAE) June 26, 2023
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
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