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FINANCIAL NEWS
UAE’s MoL warns companies against allowance
11 Jun 2013
(MENAFN) Ministry of Labor in UAE has warned companies that they must give their outgoing employees end of service benefits on the basis of their last monthly salary.
The Ministry added any firm fail to do that will violate the law.
This notification came out when the Ministry had received a complaint by a doctor who was sacked by her private employing medical company and given end of service allowances that include the monthly salary she was paid when she first joined work.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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