As a firm we have a strong commitment to our corporate sustainability principles, and this year we joined the United Nations Global Compact, an initiative dedicated to promoting responsible business practices and advancing the United Nations Sustainable Development Goals (SDGs). Our goals include Education, gender equality, climate action, justice for all, and sustainable partnerships. You can learn about our actions plans and targets, here.
In this edition, we feature an entire section dedicated to COP28 where we share insights and intelligence through conversations we have had with leading experts from across the region. This includes articles and podcasts that delve into the most pertinent topics, such as COP28’s call to action for corporates, ESG reporting, and the UAE’s Net Zero vision.
Beyond the focus on Energy and Climate we feature articles covering important updates that look into a variety of areas, such as UAE consumer protection law, an overview of the Federal Civil Family Law for Non-Muslim Foreigners in the UAE, and from Kuwait we discuss the management of companies. As always, in our final section we continue to share with you real life judgements that provide context to the legal landscape in the region.Read the full edition
The UAE government issued Federal Decree Law No. 13 of 2022 Concerning Unemployment Insurance Scheme (the “Scheme”) which was implemented effective 1 January 2023.
The Scheme is mandatory for all employees in the private and public sectors but currently is only available for employees who have a MOHRE work permit or are part of the federal government; i.e. it is not yet available for employees in free zones and semi-government companies.
As part of the Scheme, employees will be eligible to receive compensation upon becoming unemployed, subject to certain requirements being met.
Failure of applicable employees to register by 30 June 2023 and/or make the applicable subscription will result in fines and other penalties being issued to any non-compliant employees.
Although the obligation to register with the Scheme is the individual employee’s responsibility, it is recommended that employers notify their employees of the Scheme and highlight their obligations in order to ensure that penalties are not imposed against them.
Our Employment & Incentives practice would be happy to assist with preparing employee communications and frequently asked questions which can be shared with employees to explain the provisions of the Scheme including:
If you require any support or are unsure whether the Scheme is applicable to your employees, please do not hesitate to reach out to us.