17,500 enrolled into Dubai's employee benefit scheme

Pedro Gonçalves
clock • 2 min read

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...

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