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Does Dubai end of service gratuity scheme lack competition?


‘Employers did not have sufficient time’ to look at alternatives and ‘so they went into the default’ plan
The end of service gratuity (EOSG) is a payment linked to how long an employee has worked for a company, which translates into a lump sum when they leave that employer.
From 1 February 2020, the regime for expat workers was replaced in the Dubai International Finance Centre (DIFC) with the DIFC Employee Workplace Savings Plan (Dews) or an alternative qualifying scheme (AQS).
There were a number of issues with the previous system that sometimes meant expats received no EoSG at all; or their former employer took a substantial financial hit as the money to be paid had not been put aside over the employment contract and it was, instead, taken out of cash flow. ....

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Zurich Middle East unveils regular savings plan in UAE

Zurich Middle East unveils regular savings plan in UAE
international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.

Zurich Middle East , ஸுரி நடுத்தர கிழக்கு ,

UAE: Students don't need to graduate to start earning – Here's how! | Yourmoney-community-tips – Gulf News


Dubai: Several teen students in the UAE have proved time and again how they didn’t wait till they graduated from school or college, or even get a well-paying job to start earning money.
Even as students routinely stay up to date on their curriculum-based and predominantly theoretical courses or grades, when it comes to making money practically or on the stock market, there has been a growing trend wherein many are learning the ropes, venturing out – and succeeding.
Revisiting one such success story in Dubai
A 14-year-old Indian boy in Dubai turned his savings of around Dh5,000 into about Dh165,000. Aadi Verma, a Year-10 student of Jumeirah English Speaking School in Arabian Ranches, read up on the stock market and dabbled with small amounts at first. ....

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