BNY will provide custody services for international securities across multiple markets, while SS&C will be responsible for managing the platform’s technological infrastructure
Gratuity
Latest in Gratuity
end-of-service benefits
Abu Dhabi’s IHC signs MoU with Lunate to explore Ghaf Benefits for employees
Ghaf Benefits, launched by Lunate, is an alternative end-of-service benefits fund platform dedicated to enhancing workplace benefits in the UAE
End of service benefits UAE
Abu Dhabi’s Lunate launches Ghaf Benefits platform to transform UAE end-of-service gratuity
The platform is available to private sector employers and their employees across the country
End of service benefits UAE
FAB to introduce UAE end-of-service benefits fund as gratuity alternative
First Abu Dhabi Bank gets approval for UAE end-of-service funds
Bahrain
UAE announces major investment and transport strategies; Visa-free travel to Qatar, Golden Visas in Bahrain, Dubai targets $272bn real estate market – 10 things you missed this week
UAE strategies for transport, investment and real estate, Qatar tourism, Bahrain Golden Visas and more of the biggest stories this week
End of service benefits UAE
UAE Savings Scheme v Gratuity: Employers urged to register for alternative end-of-service benefits service
UAE employers are encouraged to register workers for Savings Scheme as an alternative end-of-service benefit
end-of-service gratuity
Expat pensions v gratuity payments: UAE, Saudi and Qatar workers eye retirement saving options
Expats in the UAE, Saudi and Qatar would prefer pension payments to lump-sum severance, according to Smart survey
GPSSA
UAE clarifies laws on pensions, gratuity and debts
UAE’s General Pension and Social Security Authority issues circular on pension and gratuity debt payments
end-of-service benefits
Decoding the UAE’s new end of service scheme: What you need to know
The scheme offers a dual benefit for employers and employees, providing an alternative method for end-of-service contributions and promoting economic growth and investment opportunities in the UAE
Abu Dhabi
Saudi Arabia announces major visa change; Dubai venue postpones concerts; New airports revealed- 10 things you missed this week
Saudi Arabia visa changes, Dubai venue postpones concerts, major WhatsApp update coming soon, new airport announcements and more headlines from this week
Dubai gratuity law
UAE gratuity: How to calculate end of service payments and pensions
General Pension and Social Security Authority gives advice on calculating pensions and gratuity in the UAE
DIFC
Sukoon announces Dubai gratuity investment plan
Dubai gratuity investment specialist to administer money purchase scheme in DIFC
Aviation
Dubai South announces major visa and insurance update
Dubai South introduces mandatory insurance to cover unpaid salaries, gratuity, expenses and more for all employees
Alcohol
UAE gratuity guide; Saudi citizenship rules; Abu Dhabi snow; Ronaldo and Messi; alcohol change – 10 things you missed this week
UAE gratuity, Saudi citizenship, Messi and Ronaldo in Riyadh, Snow in Abu Dhabi and more of the biggest stories of the week
Dubai gratuity law
UAE gratuity change: How to calculate your end-of-service benefits
Following new changes, here is how you can calculate your gratuity
Dubai gratuity law
UAE announces private sector gratuity will not include unpaid leave days
The end-of-service gratuity is calculated based on the final basic salary of the employee
Dubai Taxi Corporation
Dubai reveals Golden Pension Plan for taxi drivers
The plan allows employees to contribute as little as AED100 on a monthly basis