Words of His Excellency the Director General of the Government of Dubai Legal Affairs Department Regarding the Launch of the ‘Savings Fund for Foreign Employees in the Government of Dubai’

His Excellency Dr. Lowai Mohammed Belhoul, Director General of the Government of Dubai Legal Affairs Department, affirmed that the launch of the 'Savings Fund for Foreign Employees in the Government of Dubai" approved by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, will yield an important addition to all employees working in the Government of Dubai. The Fund is an initiative attuned to the investment approach applied by the Government of Dubai to its human and financial resources, in a manner that will contribute to achieving financial security for its employees, thus enhancing the value of commitment in the workplace thanks to this financial plan that serves their future.

His Excellency Dr. Belhoul added "this new savings fund will replace the current end-of-service benefits system not only in the government entities subject to the Human Resources Law but also in those entities which are not subject to the Law, through coordination between the Government of Dubai and Dubai International Financial Centre". The Savings Fund provides multiple investment avenues which will give the Emirate a competitive edge as it is considered a hub attracting talents and experts worldwide.

His Excellency Dr. Belhoul highlighted the role of the Department within the Steering Committee, which comes as part of the Department's duties and functions, notably the preparation and review of all contracts, agreements and legal documents that will be concluded or issued by the Government of Dubai within the framework of the implementation of "Savings Fund".


Words of His Excellency the Director General of the Government of Dubai Legal Affairs Department Regarding the Launch of the ‘Savings Fund for Foreign Employees in the Government of Dubai’


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