17,500 enrolled into Dubai's employee benefit scheme

Dubai International Financial Centre's (DIFC) employee workplace savings scheme has signed 1,135 employers in DEWS, representing 17,567 active employees according to the latest figures. Described as a "progressive end-of-service benefits scheme for expatriate workers," DEWS was introduced within the DIFC to restructure the currently defined employee benefit scheme into a funded, professionally-managed and defined contribution plan that is aligned with international standards.  The figures, reporting to July 31, show around 80% remain invested in the Low Moderate Growth Fund (the defau...