UAE rolls out unemployment insurance scheme

DUBAI: The UAE has started rolling out an unemployment insurance scheme that assures financial support for Emiratis and residents who lost their jobs until they find a new opportunity, the Ministry of Human Resources and Emiratization announced on Tuesday.
The compensation, which will be paid monthly, is calculated at 60 percent of the employee’s salary with a maximum of $5,400 (20,000 dirhams) for no more than three months from the date of their unemployment.