Abu Dhabi, Dec. 30 -- The United Arab Emirates (UAE) is set to introduce mandatory UAE unemployment insurance from Sunday, January 1, 2023.

The UAE's Ministry of Human Resources and Emiratisation (MoHRE) said the new plan, which was originally announced in May, provides compensation of up to three months for public and private sector employees who have lost their jobs.

The unemployment insurance scheme aims to create a low-cost job safety net that supports employees in their career journey, providing them with job stability at no cost to employers.

The MOHRE has now released a video guide on social media to explain the benefits and costs of unemployment insurance in the UAE.

In the video, MOHRE explains the two categories of insurance...