Dubai, June 21, 2022 (WAM)-Ports, represented by the Department of Planning and Development, Customs and Free Zone Corporation-Trakhees has signed a contract with Dubai Insurance Company, one of the leading insurance companies in the UAE. Launch a “Worker Protection Program” for employees working in companies based in Special Development Zones.
This program offers better protection and higher profits compared to those available in previous bank guarantee systems.
The agreement was signed by Abdulla Belhoul-Trakhees, CEO of Planning and Development, and Abdellatif Abuqurah, CEO of Dubai Insurance Company, headquartered in Trakhees, Dubai, attended by directors of both parties’ divisions.
Belhoul is in the process of implementing the orders of Dubai’s Vice President, Prime Minister and Ruler Sheikh Mohammed bin Rashid al-Maktoum to make Dubai the most livable and comfortable city in the world. Truckees said it has signed a strategic partnership agreement with Dubai. Insurance to increase the level, quality and efficiency of the services Traquez provides to employees and workers of private enterprises in special development zones supervised by Trakeys who participated in the insurance program in accordance with the provisions of the UAE Labor Code.
He said Trakhees’ direction is in line with the UAE Cabinet’s decision to cancel bank guarantees and replace them with low-cost insurance systems as an alternative and optional system to the bank guarantee system assigned to each worker. I explained. Trakhees emphasizes that employers are enthusiastic about prioritizing the interests of the workers they depend on, and entrust each worker with a financial guarantee of AED3000.
“The Dubai Insurance contract is the latest partnership between the Department of Planning and Development-Trakhees, which aims to build a more competitive business process based on facilities integrated with innovative solutions. It relies on the adoption of strategic partnerships, accelerating business in the country as a major investment incubator. ”
Abdellatif Abuqurah commented on the agreement: “This agreement is within the company’s strategy to establish and conclude partnerships with various government agencies and agencies operating in UAE, from domestic individuals and institutions. Services provided to customers. ”
“Today, by signing this agreement with the Department of Planning and Development-Trakhees, our partnership is complete and we have made a major leap to the position of providing the next portfolio to business owners from our customers (Dubai Insurance). Insurance service according to the highest standards and best practices.
“Worker protection programs provide better protection and improved benefits to employees of these companies to create a work environment that ensures that they have all the rights they deserve as a major contributor to the national economy. It is based on. “He added.