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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.

Health

UAE to India travellers face new mandatory health declaration 

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If you’re travelling from the UAE to India, there’s a new travel requirement you shouldn’t miss.

India has introduced Air Suvidha 2.0, a mandatory online health declaration system for all international arrivals. The form must be completed within 24 hours before your flight and is required before passengers are allowed to board.

The new system was introduced by India’s civil aviation authorities as a precautionary measure in response to the ongoing Ebola outbreak.

What is Air Suvidha 2.0?

Air Suvidha 2.0 is an online self-declaration portal where travellers must provide their recent travel and health information before flying to India.

Passengers will be asked to submit details including:

  • Their travel history over the past 21 days
  • Any possible exposure to infectious diseases
  • Whether they are experiencing any related symptoms

Once the form is submitted, it is automatically shared with the Airport Health Organisation (APHO) under India’s Ministry of Health and Family Welfare.

Is the form mandatory?

Yes. All international passengers travelling to India are required to complete the Air Suvidha Self Declaration Form before boarding their flight.

Airlines may ask passengers to show proof that the form has been submitted before allowing them to travel.

Do you need a printed copy?

No. After submitting the form, travellers will receive a confirmation by email, which can simply be shown on a mobile phone upon arrival in India. There’s no need to carry a printed copy.

Completing the form in advance also helps speed up the arrival process by reducing paperwork at the airport.

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Announcements

Good news for businesses: Sharjah slashes fees and fines

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Businesses in Sharjah can now benefit from a range of temporary fee reductions after Sharjah Police unveiled a new package of incentives aimed at easing costs and supporting the emirate’s business community.

The measures, introduced in line with a decision by the Sharjah Executive Council, include 50% discounts on several security-related fees, along with reduced fines and lower training costs for companies.

What discounts are available?

Under the new initiative, eligible businesses will receive:

  • 50% off security permit renewal fees for commercial activities
  • 50% off security system subscription fees
  • 50% reduction on eligible violations and fines
  • 20% off mandatory training programme fees for companies

Sharjah Police said the initiative is designed to support commercial establishments, encourage business sustainability and further strengthen the emirate’s position as an attractive destination for investment.

How long will the discounts last?

The incentives will be available for three months from the date the decision comes into effect.

Businesses seeking more information about the discounts and eligibility can contact the Sharjah Police Call Centre on 901.

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India

Waiting for Indian passport services in the UAE? Here’s the latest update

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Indian nationals in the UAE will have to wait a little longer for regular passport, visa and attestation services to resume.

The Embassy of India in Abu Dhabi and the Consulate General of India in Dubai have announced that they will continue offering only emergency consular services until July 1, extending the temporary suspension of routine services by an additional day.

In a post on the missions’ official X account, the embassy said emergency requests for passports, visas, attestation and other consular services will continue to be processed during the transition period.

Why the delay?

The extension comes as the Indian missions complete the handover of outsourced passport, visa and attestation services to Alhind Tours and Travel LLC, which is set to begin operations in the UAE from July 1.

Under the transition plan, previous service providers BLS International and SGIVS Global stopped accepting new applications after June 25, while regular appointments were suspended from June 26.

The missions said the extension is due to administrative reasons.

Need urgent assistance?

Applicants with emergency requirements can contact the Indian missions through:

The embassy said details about the resumption of normal services from July 2 onwards will be announced separately and advised applicants to follow its official social media channels for updates.

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