The UAE Ministry of Human Resources and Emiratisation (MoHRE) has introduced a new unemployment insurance scheme aimed at supporting employees in the private and public sectors. This scheme came into effect on January 1, 2023, and covers employees in the private and public sectors in case of unemployment and job loss due to reasons beyond their control. Details of the Unemployment Insurance Scheme: This scheme includes two types of unemployment insurance, each with different premiums based on the individual's basic salary: Type One: For individuals with a basic salary of 16,000 dirhams or less. Premium: 5 dirhams per month Amount received: Up to 10,000 dirhams per month Type Two: For individuals with a basic salary above 16,000 dirhams. Premium: 10 dirhams per month Amount received: Up to 20,000 dirhams per month The premium can be paid monthly, quarterly, semi-annually, or annually and includes value-added tax (VAT). Conditions for Receiving Unemployment Insurance: To receive unemployment insurance, an individual must have been actively employed in their previous job for at least 12 consecutive months. Unemployment Criteria: The individual must have lost their job for non-disciplinary reasons. If the individual loses their job due to resignation or disciplinary issues, they will not be eligible for unemployment insurance. Payment Duration: Unemployment insurance will be paid for a maximum of three months from the time of unemployment, and payments will cease upon finding new employment. Applications for unemployment insurance must be made within 30 days of the start of unemployment. How to Register for the Unemployment Insurance Scheme: Employees can register for the unemployment insurance scheme through various methods: Insurance Pool website (www.iloe.ae) Smart applications ATM machines and self-service kiosks Business service centers Exchange companies Du and Etisalat applications SMS Who is Exempt from This Scheme? This scheme does not include certain groups, such as: Investors and company owners Domestic workers Employees with temporary contracts Individuals under 18 years old Pensioners who have started a new job Does this insurance cover all nationalities? Yes, the unemployment insurance scheme in the UAE includes all nationalities and is not limited to Emirati citizens. This scheme is for all employees in the public and private sectors and aims to support workers against job loss and create stability in the workplace. Objectives of the Scheme: This scheme is part of broader reform programs in the UAE aimed at attracting and retaining global talent and creating positive competition in the UAE labor market. According to Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, the goal of this scheme is to attract top international talent to the UAE. Conclusion: The new unemployment insurance scheme in the UAE provides financial support for employees in the private and public sectors in case of job loss due to reasons beyond their control. This scheme is particularly considered an important financial support for individuals with a basic salary of less than 16,000 dirhams.