GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

The new service will replace the current bank guarantee


Ajman, United Arab Emirates - August 14, 2019:  Ajman Free Zone has signed a Memorandum of Understanding and associated documents with Dubai Insurance to provide insurance services to workers employed by companies operating within the Free Zone. 

The new service will replace the current bank guarantee system and will cover all workers' dues including the end of service gratuity, annual leave unpaid salaries and the cost of a return ticket home.  

Mohammad Tahsin Al Ali, Chief Operating Officer at Dubai Insurance Company attended the signing ceremony, with Fatma Salem, Acting General Manager of Ajman Free Zone and senior representatives from both parties. 

Acting General Manager of Ajman Free Zone, Fatma Salem commented: “This agreement forms part of our endeavours to protect the rights of all workers in Ajman Free Zone, as well as assisting investors by removing a financial commitment.  We will continue to take more steps towards making workers' lives easier, while safeguarding investors' interests.”  

As per the MoU, Dubai Insurance Company will issue insurance documents for workers that aligns with the terms and conditions stated, ensuring the targeted objectives are achieved in a timely manner.

 



Posted by : GoDubai Editorial Team
Viewed 2714 times
Posted on : Wednesday, August 14, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Saxo Bank completes acquisition of BinckBank
Next Story : Oman Insurance Retains Its Positive Business Momentum
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Inventive, Futuristic and Daring Translucent is a Distinguished Milestone for Police.
Introducing Lunette: A Tool to Empower Women
Show your Nanny some love and treat them to a Complimentary Haircut throughout A...
Corum Golden Bridge Titane DLC - black beauty for the man of style
Same Favourite Fragrance, New Innovative Products From the Ritual of Karma
Robinsons Showcases Malone Souliers' Stunning New Collection for Pre-Fall 19
Tazio Nuvolari Vanderbilt Cup
Aesop's Parsley Seed Skin Priming Regimen
Dubai Delivers on Tourist Volumes Again, With a Strong 8.36 Million Overnight Vi...
Marks & Spencer Unveils Its Autumn 2019 Kidswear Collection
GEMS Education students shine with excellent A-Level examination results
Ferragamo Urban - 2019 Fall/Winter Collection
Scafograf Black Sheep - unconventionally exceptional
Autumn / Winter 2019-20 Men's and Women's Sneakers Collection
Corum Admiral Legend 42-Icon ahead
Exceptional Playtime with Soundcore Vortex
GUESS - The Perfect Tote
Sandro: The Power Suit
The Nordic Hall of the Heros is Open for Business - Aston Martin Valkyrie and Va...
Al Ain Hospital doctors save young girl from 2.5 cm pin in her lungs
Hormann announces speed rolling shutter DD S6
Second Week of “Health & Tourism 2019” Campaign Witnesses Remarkable Participati...
Ralph Lauren Debuts “Wear Your Story” Denim Campaign
The future of photography and videography is in Canon's hands, with five 2019 EI...
Get 50 per cent off back-to-school essentials at Dragon Mart
Acclaimed Coin Collector to Pay Homage to UAE with Rare Coin Collection at ‘Year...
Jaguar I-pace: Redefining What It Means to Be a ‘CAR'
Forecasting Mesmerising Sea Views and Exotic Seafood at Gonu
Rock Chic Edit with GUESS
Modular Sofa's by Boconcept
Kachins Couture 5 Ways to Personalise Your Suit Style
Spare a thought for abandoned cats today – International Cat Day!
Sheikh Mohammed bin Rashid Centre for Islamic Culture launches a comprehensive e...
Dubai Tourism Partners With Ary to Invite Audiences to Discover the Emirate With...
Marks & Spencer Celebrates the Success of its First Ever Vegan-Friendly Line – P...
Desigual's Fall/ Winter 2019 Collection
Business Lunch With an African Twist
British Orchard Nursery collaborates with Department of Finance to open its 22nd...
Abu Dhabi Airports completes preparations for the return of Hajj pilgrims
Etisalat C&WS and Sparkle pioneer in enabling 5G Roaming Globally
Indian Film Actress Tamannaah Bhatia inaugurated 26th showroom of Malabar Gold &...
SriLankan Airlines welcomes free visa on arrival facility to 48 countries
Making History: the Aston Martin Db4 Gt Zagato Continuation Programme is Handcra...
Saxo Bank completes acquisition of BinckBank
Bentley Motors Celebrates Centenary at Monterey Car Week
Ajman Free Zone signs MoU with Dubai Insurance Company
G-SHOCK GA-2000 with Carbon Core Guard Complements New Urban Outdoor Lifestyle'
UK: The power of credit impulse at work
Ras Al Khaimah International Airport Announces New Foreign Exchange Partnership ...
Marks & Spencer Reveals Its Autumn 2019 Womenswear Collection