Ever since Cabinet Resolution 96 of 2023 introduced the new Alternative End-of-Service Benefits (EOSB) Savings Scheme in October 2023, interest in workplace savings schemes has grown significantly in the United Arab Emirates (UAE). While a few companies are evaluating their options internally, the majority rely on advisors and consultants for guidance. In doing so, companies […]
On 30 October 2025, National Bonds announced the official launch its first EOSB Sub-Fund, the Capital-Protected Shariah-Compliant Fund, following the release of the updated Master Prospectus of its End-of-Service Benefits (EOSB) Umbrella Fund and the “Supplement” for this Sub-Fund. This is the first time that detailed documentation about an EOSB Fund under the UAE EOSB […]
Time really does fly and it’s hard to believe that Cabinet Resolution No. 96/2023 is already two years old! For our newer readers (and for anyone still getting familiar with it), this regulation introduced the new End-of-Service Benefits (EOSB) Savings Scheme as an alternative to the gratuity system back in October 2023. (We at Pensions […]
Over the past few weeks, a series of updates have shown that the UAE’s End-of-Service Benefits (EOSB) savings market is heating up. Some fund managers are now in advanced stages of integration with federal data systems to speed up employer onboarding and automate monthly HR processes, with FAB among those that have already completed the […]