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UAE introduces end-of-service benefits system

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The UAE Cabinet has approved an innovative system that allows employees in the private sector and free zones to invest their end-of-service benefits, and it’s optional for employers to participate.

Under this system, a savings and investment fund will be established, overseen by the Securities and Commodities Authority in collaboration with the Ministry of Human Resources and Emiratisation. Employees will have the opportunity to invest their end-of-service benefits in the fund, with multiple investment options available.

The announcement was made during a Cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The primary objective is to safeguard workers’ savings while providing stability to their families and ensuring their rights. This scheme is open not only to private sector employees but also to government employees.

The Process:

Employers can choose to enroll their workers in this system and make monthly contributions. The system offers three investment options, including a risk-free capital guarantee, various risk levels for traditional investments, and Sharia-compliant investments. Upon the termination of the employment relationship, employees will receive their end-of-service benefits and returns.

Over time, this scheme is expected to cost employers less than the traditional system and will help in retaining talent by offering more attractive terms for employees. Many experts have highlighted the dependence of UAE residents on their gratuity as a retirement fund. In a recent survey, 82% of workers expressed openness to having their gratuity invested on their behalf. Dubai had previously introduced a similar scheme for expatriates working in government departments in 2022, offering various savings opportunities and boosting their benefits and savings.

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Visiting Wafi Mall? Your parking can now be paid through Salik

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Parking at Wafi Mall has gone fully digital.

Parkonic has introduced its ticketless parking system at the popular Dubai mall, allowing motorists to pay parking fees automatically through their Salik accounts or by scanning a QR code before leaving.

When drivers enter the car park, their vehicle’s number plate is automatically scanned, creating a digital parking ticket without the need for paper tickets or parking machines.

Parking charges

  • First 3 hours: Free
  • 3–4 hours: Dh15
  • Each additional hour (or part): Dh10

Parking charges apply Monday to Friday, while parking remains free on Saturdays, Sundays and public holidays.

Drivers who leave and return after using their three free hours will be treated as a new entry. However, to receive another three hours of free parking on the same day, there must be a two-hour gap between visits.

There are no cash payment options or parking machines at the site. Visitors without a Salik account, or those with insufficient balance, must pay using an alternative payment method before exiting.

Loading bay vehicles are eligible for one extra hour of free parking once validated.

Parkonic warned that motorists who fail to pay the required parking fees could face fines, blacklisting or legal action.

The operator has been expanding its ticketless parking network across the UAE, with recent rollouts at West Yas Plaza, Yas Bay, Yas Marina, selected Choithrams stores, Discovery Gardens and Palm Jumeirah Crescent.

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Four-day deadline for Sharjah motorists to claim impounded vehicles

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If your vehicle has been impounded in Sharjah, now is the time to check.

Sharjah City Municipality has given owners of impounded vehicles, machinery, motorcycles and bicycles four days to complete the necessary release procedures or risk having their property sold at a public auction.

The warning applies to vehicles and equipment that have remained impounded for more than six months.

Owners are required to visit the Control and Inspection Department in Industrial Area 5 to resolve the reason for the impoundment and complete the legal procedures needed to recover their property.

After the deadline, any unclaimed vehicles or equipment will be put up for public auction.

To help owners, the municipality has published a list of all affected vehicles on its official website, allowing residents to check whether their vehicle is included before visiting the department.

The move is part of Sharjah Municipality’s ongoing efforts to regulate impounded assets and encourage owners to complete the required procedures within the specified timeframe.


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UAE motorists face Dh500 fine for carrying extra passengers

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Abu Dhabi Police are reminding motorists not to carry more passengers than their vehicle is designed for, warning that overcrowded cars significantly increase the risk of serious injuries and fatal crashes.

Officials said exceeding a vehicle’s approved passenger capacity can leave some occupants without seat belts, reduce the driver’s control of the vehicle and make accidents more likely.

Drivers have been urged to ensure every passenger is seated in a designated seat and wearing a seat belt before setting off.

Motorists caught carrying more passengers than permitted face a Dh500 fine, four black points on their driving licence and seven days of vehicle impoundment.

Abu Dhabi Police stressed that following passenger limits is a basic road safety requirement and reminded drivers that protecting everyone inside the vehicle is a shared responsibility.

The number of passengers per car: 

Most private cars and sedans allow up to 4 passengers plus the driver. Larger SUVs or vans can seat up to 6 to 7 passengers or more, depending on their registered design. 


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